Equity Structure

32% Derek Watt
20% Prof. Alfred Nevhutanda
13% Top Business Lady to be announced
10% Ms Zodwa Manase
5% Jaco de la Rouviere
10% Siyabelana Holdings
10% Broad Based

Siyabelana Holdings which is a 100% Woman owned business in the Western Cape who represent 50 women in the Construction and Property Industry. Trustees are as follows: Chairperson Ms Zodwa Manase Trustees Ms Yvonne Lungcuzo and Ms Pumla Mashalaba.

Broad Based Ownership

This Broad Based ownership belongs mostly to various Women Groups who are represented on a National basis.

2% Woman in Transcontinental Transport (WTT) (National) which is a 100% Woman owned Co-Operative who present 2500 members nationally and have a target of 9000 members by July 2008. These shares are to be held in a Trust and the Trustees are as follows: Chairperson Ms Zodwa Manase Trustees Mr. Derek Watt (IATC), Ms Busi Kwinana (WTT) and Ms Eunice Mathumbo (WTT)

2% Africanised Group and these shares are to be held in a Trust and the Trustees are as follows: Chairperson Mr. Derek Watt Trustees to be appointed.:

2% Venda Tribal Woman Group which is a 100% Woman Group represented by the Venda Kings Wife Ms Divhani Nemakonde. Trustees are as follows: Chairperson Ms Divhani Nemakonde Trustees to be appointed

2% Limpopo Woman's Group which is a 100% Woman owned Co-Operative who are represented in the Limpopo Province and who have a large rural based membership. Trustees are as follows: Chairperson Professor Alfred Nevhutanda Trustees Ms Sophie Nenngwekhulu, Ms Rachel Nevhutanda

2% Disabled Groupings which is represented by company called M & M Executive Consulting Services who are a black women-owned organisation that focuses on Professional services within the Business Development environment including Education, Training and Development. M & M have various contracts with Seta to do skills development for Disabled People thus the trust was formed to accommodate these people into ownership. Trustees are as follows: Chairperson Ms Mabel Makibelo Trustee Mr. Derek Watt


     
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