Afrirent acquires a majority stake in High Street Auction
In Johannesburg today, 7 October 2024 – Afrirent Holdings, a 100% black-owned and managed mobility, energy, leisure & gaming group announced that it has acquired a 51% stake in High Street Auctions for an undisclosed amount as part of its diversification and expansion strategy.
Senzo Tsabendze, Executive Chairman of Afrirent Holdings said, “We are very excited about our investment into High Street Auctions. They are a quality business with a demonstrable track record of success, and we believe they will add immense value to our business and long-term value creation.
Nigeria, West Africa positioned to hold sizable gaming industry value – Expert
Mr Senzo Tsabedze, Chief Executive Officer, Afrirent Holdings, an investment company, says the Nigerian and West African gaming industry comprising of lottery and betting is positioned to hold sizable value in the global entertainment ecosystem.
Tsabedze made the assertion on Wednesday in an interview with the News Agency of Nigeria (NAN).
Afrirent Holdings sets its sights on West African gaming, lottery and betting market expansion
In a bold move to expand its influence and footprint in Africa, Afrirent Holdings, a renowned investment company led by Senzo Tsabedze, is venturing into the vibrant gaming, lottery, and betting market of West Africa. With a history of success and a strong presence in South Africa, Afrirent Holdings is now setting its sights on the exciting opportunities offered by the dynamic entertainment sector in the West African region.
Afrirent Holdings celebrates recognition as a Top Gender Empowered Company by Standard Bank Top Women
Afrirent Holdings, a leading Black-owned provider of fleet management solutions is proud to announce its recognition as one of South Africa’s Top Gender Empowered Companies by Standard Bank Top Women Awards. This accolade highlights Afrirent’s continuous efforts towards gender empowerment and creating sustainable initiatives that celebrate and uplift women within the organisation.
The Remarkable Rise of Senzo Tsabedze: From Humble Beginnings to an Inspirational Business Titan
In a world filled with stories of triumph over adversity, Senzo Tsabedze’s journey to success stands out as a testament to the power of resilience and determination. Born and raised in the impoverished Kamshayazafe village in Mpumalanga, South Africa, Senzo faced immense challenges from his early years. He grew up in a large family of eight siblings, where financial struggles were a daily reality. Education was not a luxury that could be readily afforded, and Senzo’s hunger to succeed sometimes outshone any motivation to attend school.
Senzo Tsabedze explores opportunities in Malawi’s thriving Lotteries market
In a strategic move, Afrirent Holdings, a multi-disciplinary South African powerhouse, is set to explore new horizons in the thriving lotteries market of Malawi.
Established in 2003 and celebrating its unique position as one of the few black-grown and owned businesses, Afrirent Holdings has, over the 20 years, demonstrated unparalleled specialisation and globally relevant expertise in the transport and logistics and tourism sectors through Afrirent Mobility and Indalo Hotels and Leisure divisions
Afrirent charts new territory in Cameroon’s lottery landscape
As Cameroon’s lottery industry experiences significant growth and evolution, strategic entry points become crucial for businesses seeking to capitalise on this burgeoning market. Afrirent Holdings emerges as a strategic player poised to explore the landscape of the lottery industry in Cameroon.
The lottery market in Cameroon is undergoing a remarkable surge in growth, driven by evolving customer preferences, technological advancements, and a favourable economic landscape.
Senzo Tsabedze’s journey from impoverishment to creating Afrirent’s billion rand business powerhouse
In the ever-evolving landscape of African entrepreneurship, one name stands out as a beacon of inspiration – Senzo Tsabedze, the visionary leader behind Afrirent Holdings. His extraordinary journey from a poverty-stricken upbringing to the helm of a billion-rand business powerhouse is not just a tale of success but a blueprint for aspiring entrepreneurs across the continent.
Senzo Tsabedze is a South African entrepreneur and philanthropist, widely recognised for his remarkable journey from humble beginnings to becoming the founder and CEO of Afrirent Holdings.
How fleet managers can mitigate costs in the face of fuel price hikes
The Minister of Finance’s recent announcement in his budget speech regarding the increase in the carbon fuel levy and the forthcoming proposal for the second phase of the carbon tax is poised to have profound implications for the fleet management industry. The hike in carbon fuel levies for petrol and diesel will inevitably escalate the operational costs of fleet management companies. With the surge in fuel prices, organisations will grapple with heightened expenses in fueling their fleets, potentially resulting in diminished profit margins unless counteracted by strategic cost-saving measures.
Afrirent Holdings Stands in Solidarity with JRA Anti-Corruption Initiative
Afrirent Mobility extends its full support to the Johannesburg Road Agency (JRA) in their commendable efforts to combat corruption.
The JRA, responsible for the maintenance and development of the road infrastructure in the city, has embarked on a rebranding initiative to strengthen its commitment to transparency, accountability, and ethical practices.
The unveiling of the rebranded JRA fleet took place on Friday, February 2, 2024, at the Asphalt Plant, in Booysens. With a strategic focus on improving fleet visibility achieved through the deployment of newly branded vehicles, the organisation aims to discourage officials from engaging in corrupt practices that could tarnish JRA’s reputation…