Masimong Group Holdings (Pty) Ltd (“Masimong”) is a black controlled investment Group focussed on value creation and the enhancement of empowerment across a range of diversified industry sectors.
Masimong was founded by Michael Solomon Teke, born in Kwa Thema, Springs. He is the current President of the SA Chamber of Mines and the Chairman of Richards Bay Coal Terminal.
Founded in 2013, Masimong has operational and strategic investment interests with a principal focus on the financial services, energy, industrial and agri sectors.
Masimong seeks to create value and enhance empowerment by:-
- Acquiring meaningful value positions in quality businesses, and wherever possible, leveraging its black empowerment credentials to deepen value discounts.
- Becoming an active empowerment partner of choice, adding value to its investments through active leadership and operational participation.
- The Masimong leadership team has a successful track record in the acquisition, growth and development of businesses in both public and private sectors.