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Africa Rising, Companies Transforming the Continent’s Business Landscape.
Africa stands at a pivotal moment in its economic narrative. Within this dynamic context, several businesses have quietly emerged as transformative forces, reshaping industries and setting benchmarks for sustainability and innovation. This edition of African Legacy News highlights a number of remarkable companies, focusing on BT Industrial, Danone Southern Africa and Curiocity, that illustrate the promise and potential of African enterprise.
BT Industrial, under the visionary leadership of CEO Kgomotso Lekola, epitomises sustainable industrial growth. Based in Benoni, Gauteng, the company’s recent R523 million investment has sparked significant advancements in environmental responsibility and job creation. With pioneering projects in food-grade sustainable plastics and innovative medical solutions like vascular access syringes, BT Industrial demonstrates how industrial progress can be harmoniously aligned with ecological stewardship.
Reaching a centenary in any industry is rare. Doing so while staying relevant and diversified is exceptional. AECI, founded in 1924, began as an explosives manufacturer serving the mining sector. Today, it operates globally across specialty chemicals, infrastructure, agriculture, and water management. The company's evolution mirrors Africa’s own journey: a deep respect for history, paired with a bold willingness to shape the future.
Redefining what it means to experience Africa, Curiocity is not just a hospitality brand but a cultural ambassador for authentic African adventure. Founded by entrepreneur Bheki Dube, the brand has expanded its footprint across Johannesburg and Cape Town, integrating local culture with innovative travel experiences.
Together, these companies don't merely showcase individual success, they represent a collective narrative of resilience, innovation, and responsibility that Africa needs now more than ever. Reshaping industries, challenging traditional paradigms, and setting examples that businesses across the continent and the globe can follow.
As these enterprises evolve, they illuminate pathways for sustainable growth and lasting economic empowerment.
Africa’s business future is not just bright; it is transformative.
E. info@africanlegacynews.com
van der Walt - Head of Editorial E michele@africanlegacynews com T. + 27 (0) 62 071 2038 www africanlegacynews com
Michele van der Walt
Head of Editorial | African Legacy News
CONTENTS
What BT Industrial’s Latest Investment Means for You A Sneak Peek into the Future
Danone
What Danone’s Latest Projects Reveal About the Future of Corporate Responsibility
Curiocity
How Curiocity is Paving the Way for a New Kind of African Adventure
Metrofile
How Metrofile's Digital Revolution is Changing the Way Africa Does Business
Bob Martin & Co.
How a 130-Year-Old Brand Stays Ahead in a Changing World 36 Coleus Packaging
The Untold Story of Coleus’s Bold Move to Dominate the African Market
How Impala Platinum Quietly Reinvented Itself, and What It Means Impala
Why RCL Foods’ Expansion Could Change the Way South Africa Eats Forever
In the annals of African business, few narratives resonate as profoundly as that of Basil Read. From its modest inception in 1952, the company has evolved into a colossus within the construction and engineering sectors, leaving an indelible mark on South Africa's infrastructural landscape.
INDUSTRY FOCUS: ENGINEERING
PIONEERING SUSTAINABLE SOLUTIONS IN AFRICA'S INDUSTRIAL LANDSCAPE
In the heart of Benoni, Gauteng, South Africa, BT Industrial Group stands as a beacon of innovation and sustainability in Africa's industrial sector.
Founded by the visionary Kgomotso Lekola, the company has evolved from a modest enterprise into a multi-
award-winning manufacturing powerhouse, leaving an indelible mark on industries ranging from mining and agriculture to construction and healthcare
A VISIONARY'S JOURNEY
Kgomotso Lekola's entrepreneurial spirit was ignited by a profound desire to address Africa's unique industrial challenges Recognising the continent's need for sustainable and efficient solutions, he
established BT Industrial with a clear mission: to engineer products and services that not only meet the demands of various industries but also promote environmental stewardship
MILESTONES AND ACHIEVEMENTS
Over the past decade, BT Industrial has achieved remarkable milestones:
Manufacturing Excellence: The company has become a leading manufacturer of high-density polyethylene (HDPE) pipes, serving critical sectors such as mining, agriculture, bulk water infrastructure, and construction. These pipes are renowned for their durability and efficiency, contributing to the longevity and reliability of infrastructure projects across Africa
Engineering Innovation: Through BT Engineering, the company offers specialised design and engineering
g p p g y and water treatment plants. Their commitment to delivering costeffective, eco-friendly solutions has positioned them as a trusted partner
BT Industrial successfully attracted clients away from competitors by offering strategic guidance on more costefficient system designs, resulting in significant cost savings for those clients. CEO Kgomotso Lekola, highlights
So when our customers understood that dynamic, it made it easier to sell. It didn’t always work. Some people are obsessed only with price, and unfortunately those people I choose not to sell to them because otherwise you end up in the gutter and being a price player.
Kgomotso Lekola - CEO of BT Industrial Group
Industrial has been at the forefront of integrating sustainability into industrial practices Their investment in food-grade sustainable plastics and vascular access management syringes underscores their dedication to environmental responsibility and healthcare advancement
RECENT DEVELOPMENTS
In October 2023, BT Industrial pledged a substantial R523 million investment aimed at creating 600 new jobs in Ekurhuleni This investment is allocated across three pivotal projects:
HDPE Pipe Manufacturing: A R325 million investment to enhance the production of HDPE pipes and fittings, bolstering water infrastructure and generating employment opportunities
Sustainable Plastics Production: A R76 million commitment to producing food-grade recycled plastics, addressing the global need for sustainable solutions and contributing to reducing ocean plastic waste
Healthcare Innovation: A R122 million investment in manufacturing vascular access management syringes, aiming to streamline medical processes, reduce waste, and improve patient outcomes.
These initiatives not only demonstrate BT Industrial's commitment to innovation but also highlight their role in driving economic growth and job creation in the region
IMPACT ON THE INDUSTRY
BT Industrial's influence extends
beyond its product offerings The company's dedication to sustainability and innovation has set new standards in the African industrial sector Their approach to integrating environmental considerations into business operations serves as a model for other enterprises aiming to balance profitability with ecological responsibility
LEADERSHIP PERSPECTIVE
Reflecting on the company's journey, Kgomotso Lekola states,
Our research estimates that approximately R2 5 billion is spent on vascular access management in South Africa
The BT range of prefilled syringes will save the national healthcare system approximately R1 5 billion by reducing preparation time by 98%, cutting medical waste by 80%, and enhancing patient clinical outcomes
Kgomotso Lekola - CEO of BT Industrial Group
This statement underscores BT Industrial's commitment to delivering a positive change in Africa's industrial landscape
As BT Industrial embarks on new projects and initiatives, they remains a pivotal player in shaping a prosperous and sustainable future for Africa. Their unwavering commitment to innovation, sustainability, and community development continues to inspire and set benchmarks for the African industrial sector
BT Industrial Group
AFRICAN LEADERSHIP
REDEFINED
BOLDL
In the heart of South Africa’s industrial landscape, Kgomotso Lekola stands as a beacon of innovation and resilience As the Founder and Group Managing Director of BT Industrial Group, Lekola has transformed a modest venture into a continental powerhouse, redefining the manufacturing sector across Africa
Lekola’s entrepreneurial odyssey began with Africa Weather, a Johannesburgbased meteorological firm Acquiring a stake in 2013, he expanded its operations across Africa and into Australia, introducing SMS alert systems for insurance clients to mitigate weather-related risks This venture yielded a 300% return on investment, laying the foundation for his next ambitious endeavor
Identifying a critical gap in the supply of high-quality High-Density Polyethylene (HDPE) pipes for industries like mining and agriculture, Lekola founded BT Industrial Group Despite initial challenges, including a year-long delay in product certification, his unwavering commitment propelled the company forward
Under Lekola’s leadership, BT Industrial has evolved into a leading manufacturer of HDPE pipes, serving clients such as SASOL, Anglo American, Exxaro, and Netcare The company’s expansion includes offices in Zambia and the Democratic Republic of Congo, reflecting its growing footprint across the continent
Lekola’s innovative approach has garnered significant recognition In 2019, he was honored with the Industrialist of the Year Award by
President Cyril Ramaphosa
Additionally, BT Industrial was selected as one of seven national champions by the CEO Circle, highlighting its role in driving economic growth and employment in South Africa.
Lekola embodies a leadership style rooted in integrity, innovation, and inclusivity His strategic focus on reducing the Total Cost of Ownership (TCO) for clients while maximizing Return on Investment (ROI) reflects a deep understanding of sustainable business practices
His commitment to empowerment is evident in BT Industrial’s status as a Level 4 B-BBEE company, emphasizing the importance of transformation and equitable growth within South Africa’s economy
An alumnus of the Gordon Institute
of Business Science, Lekola combines academic rigor with practical experience. Outside the boardroom, he is passionate about mentorship and community development, often engaging in initiatives that foster entrepreneurship and skills development among youth
Through BT Industrial Group, he continues to drive innovation, sustainability, and inclusive growth, positioning Africa at the forefront of industrial advancement
Kgomotso Lekola, CEO of BT Industrial Group
A LEGACY OF GROWTH AND INNOVATION
Established as a subsidiary of the global Danone Group, Danone Southern Africa has consistently expanded its footprint across the region. The company's diverse portfolio includes renowned brands such as DanUp, Mayo, Nutriday, Ultramel, and Yogi Sip, each catering to the unique tastes and nutritional needs of South African consumers This strategic diversification has not only bolstered Danone's market presence but also solidified its reputation for delivering high-quality, health-focused products
In the past decade, Danone has introduced several innovative products and initiatives Notably, the launch of Nutriday Kids marked a significant milestone, offering a range of dairy products specifically designed to meet the nutritional requirements of children This initiative underscores Danone's dedication to promoting healthy eating habits from an early age.
COMMITMENT TO SUSTAINABILITY AND COMMUNITY DEVELOPMENT
to sustainability is evident in its various initiatives aimed at environmental conservation and community empowerment
A standout project is the Tubs2Classrooms initiative, which repurposes used yoghurt tubs into building materials for schools
In 2023, the company unveiled a library constructed from one million upcycled yoghurt tubs at Nageng Primary School in Vosloorus, East of Johannesburg This innovative approach not only addresses plastic waste but also provides educational resources to underserved communities
Danone Southern Africa's dedication
Furthermore, Danone's Women in Dairy Programme, launched in July 2023, exemplifies its commitment to gender equality and food security By supporting emerging female farmers through training and resources, the program empowers women in agriculture, fostering sustainable practices and enhancing food security in the region
STRATEGIC LEADERSHIP AND VISION
Under the leadership of seasoned professionals, Danone Southern Africa has navigated the complexities of the African market with agility and foresight The appointment of Tsholofelo Ngobeni as the first female head of manufacturing in early 2023 marked a significant milestone in the company's leadership diversity
Ngobeni's extensive experience in operations, safety, quality, and supply chain management has been instrumental in driving operational excellence and aligning with Danone's brand values
Leanne Kiezer, Head of Corporate Affairs at Danone Southern Africa, emphasises the company's commitment to sustainability, stating,
The official opening of this school library is our investment in sustainability, knowing that the longevity of this structure will have a lasting impact and will benefit generations to come
Leanne Kiezer - Head of Corporate Affairs
RECENT DEVELOPMENTS AND FUTURE OUTLOOK
In 2024, Danone Southern Africa continued to innovate with the launch of the Impact Summit, a platform designed to engage stakeholders in discussions about health, sustainability, and community development. This initiative reflects Danone's proactive approach to addressing global challenges through collaborative efforts
Looking ahead, Danone Southern Africa remains committed to its mission of "One Planet One Health," focusing on providing healthy and sustainable food options to consumers The company's ongoing investments in regenerative agriculture, waste reduction, and community health programs underscore its dedication to
creating shared value for both people and the planet
Danone Southern Africa's journey over the past decade is a compelling narrative of growth, innovation, and social responsibility By aligning business objectives with community well-being and environmental stewardship, Danone has set a benchmark for corporate excellence in Africa
As the company continues to evolve, its unwavering commitment to health, sustainability, and community empowerment positions it as a leader in the African business landscape, inspiring future generations to pursue a harmonious balance between economic success and societal impact.
In the dynamic landscape of African hospitality, few stories are as inspiring as that of Curiocity and its visionary founder, Bheki Dube
Established in 2013, Curiocity has evolved from a modest walking tou initiative into a pioneering hospitality brand, redefining how travelers experience South Africa's vibrant cities
A HUMBLE BEGINNING
At just 16, Bheki Dube embarked on his entrepreneurial journey by organizing walking tours in Johannesburg, offering visitors an authentic glimpse into the city's rich tapestry. Recognising a growing demand for immersive experiences, he expanded his vision By 21, he opened the first Curiocity Hostel in Johannesburg, providing a safe and comfortable haven for travelers seeking more than just a place to stay
EXPANSION AND GROWTH
AOver the past decade, Curiocity has expanded its footprint across South Africa, with properties in Cape Town and Johannesburg Each location reflects the unique character of its surroundings, offering design-led boutique rooms, shared dorms, coliving spaces, and apartments. This diverse accommodation model caters
to a wide range of travelers, from digital nomads to groups seeking authentic African experiences.
Beyond lodging, Curiocity has diversified into experiential tourism Their offerings include guided tours, road trips, and safaris, all curated to showcase the rich cultural and natural heritage of South Africa Notably, their "Curious Road Trips" and "Curious Safaris" provide travelers with immersive journeys through iconic destinations, such as the Wild Coast and Kruger National Park
COMMITMENT TO COMMUNITY AND SUSTAINABILITY
Central to Curiocity's ethos is a commitment to community engagement and sustainability The brand collaborates with local artisans, entrepreneurs, and communities, fostering economic empowerment and cultural exchange
Their sustainability initiatives focus
on responsible tourism practices, ensuring that growth benefits both the environment and the communities they operate in
RECENT DEVELOPMENTS AND IDUSTRY IMPACT
In 2024, Curiocity expanded its portfolio with the opening of "SALT Boutique" in Table View, Cape Town This addition offers a blend of luxury and local charm, further solidifying Curiocity's presence in the South African hospitality sector
Curiocity's innovative approach has set new standards in the African hospitality industry. By seamlessly integrating accommodation with authentic cultural experiences, they have attracted a diverse clientele, including international travelers and digital nomads Their success underscores a shift towards experience-driven tourism in Africa, highlighting the continent's potential as a premier destination for immersive travel
FUTURE OUTLOOK
Looking ahead, Bheki Dube envisions expanding Curiocity's footprint across the African continent, sharing authentic experiences city by city. He is also dedicated to unlocking entrepreneurial collaborations with emerging black youth, aiming to make a significant impact in the hospitality and tourism industry across Africa
Curiocity's journey from a young entrepreneur's dream to a leading hospitality brand exemplifies the transformative power of vision, innovation, and community engagement As they continue to redefine African hospitality, Curiocity remains a testament to the continent's dynamic spirit and boundless potential
Bheki Dube, founder and CEO of Curiocity, reflectes his vision, experiences, and philosophy in the hospitality industry:
We ve got the spirit of Ubuntu (the essence of being human) in South Africa and there’s no better hospitality than that and when someone gets that, there’s just this connection and that shift of perspective, which for me is very special and something that always remains with me
Bheki Dube - Founder and CEO of Curiocity
Metrofile
How Metrofile's Digital Revolution is Changing the Way Africa Does Business
In an ever-changing business landscape, few companies have showcased the resilience, innovation, and consistent growth that Metrofile has achieved over the past decade
Founded in 1983, Metrofile has evolved from a traditional records management company into a leading provider of digital information
solutions, extending its influence across Africa and into international markets.
A LEGACY OF INNOVATION
Metrofile's journey began with a singular focus on records management, offering services such as storage, scanning, filing, and confidential destruction
Recognising the shifting demands of the digital age, the company expanded its offerings to include cloud solutions, content services, and information advisory services This strategic diversification has positioned Metrofile as a comprehensive provider of end-toend information management solutions
MILESTONES AND ACHIEVEMENTS
Over the past decade, Metrofile has achieved several significant milestones:
Financial Growth: In the 2023 financial year, Metrofile reported a 16% increase in revenue, surpassing R1 billion for the first time This growth was driven by the expansion of digital and cloud services, which saw a 44% revenue increase
Geographical Expansion: The company extended its digital footprint to Australia, New Zealand, and Ireland, broadening its global presence and service capabilities
Strategic Partnerships: Metrofile ntered into a strategic partnership with The Reuse System to integrate sustainable electronics reuse (WEEE) and IT Asset
Metrofile
RECENT DEVELOPMENT AND INDUSTRY IMPACT
In April 2024, Metrofile Kenya launched new cloud services, redefining data management in the region These services offer enhanced data security, accessibility, and compliance with regulatory standards, addressing the challenges of data volume growth and security threats
Metrofile's commitment to innovation and excellence has profoundly influenced the information management industry. By embracing digital transformation, the company services, disaster recovery and cybersecurity to its growing customer base
Metrofile has focused on expanding digital content and cloud services, enhancing end-to-end integrated solutions, and promoting environmental sustainability through paperless environments and recycling initiatives
Phumzile Langeni, Metrofile’s chairman, said increasingly many organisations had devoted more resources to expand their digital and technological capabilities and had invested in the digitising of their data to ensure economic viability and to remain sustainably competitive LOOKING AHEAD
As Metrofile continues to evolve, its strategic focus remains on achieving double-digit organic growth, introducing more digital services, and enhancing customer propositions
Phumzile Langeni - Chairman of Metrofile
Metrofile's journey over the past decade exemplifies the power of innovation, strategic expansion, and a commitment to excellence. As a trusted leader in information and data management, Metrofile continues to set benchmarks in the industry, empowering businesses to navigate the complexities of the digital age with confidence and efficiency
CFO Shivan Mansingh highlighted the company's forward-looking approach, stating,
we change our revenue mix and introduce more digital services.
The Bob Martin Legacy. How a 130-Year-Old Brand Stays Ahead in a Changing World
A LEGACY OF PET CARE EXCELLENCE IN AFRICA
In the dynamic landscape of African business, few companies have demonstrated the resilience, innovation, and commitment to quality as Bob Martin & Co
Established in 1892 by the visionary Robert Martin, this family-owned enterprise has evolved from a modest
venture into a cornerstone of the pet care industry across Southern Africa Their journey, marked by significant milestones, strategic growth, and unwavering dedication to animal health, offers a compelling narrative of business success and industry influence.
A HISTORICAL FOUNDATIONS AND EVOLUTION
The inception of Bob Martin & Co traces back to Robert Martin's acute observation of the inadequate diets prevalent among pet dogs in the late 19th century Working in a local veterinary practice, Martin identified the need for nutritional supplements to enhance canine health This insight led to the creation of a conditioning powder, a pioneering product that not only addressed the nutritional
deficiencies of the time but also laid the foundation for the pet healthcare sector. The Martin family's enduring passion for animal well-being has ensured that the company remains under their stewardship, maintaining its original ethos while adapting to contemporary market demands
EXPANSION AND BRAND DIVERSIFICATION
Over the years, Bob Martin & Co has transitioned from solely producing their flagship healthcare products to becoming a 'house of brands ' This strategic diversification includes the incorporation of various pet products and brands, each catering to distinct needs within the pet-owning community
Notable brands under their umbrella include:
Beeno: Since 1978, Beeno has been synonymous with top-quality, healthy, and delicious dog treats The brand offers a wide range of products, including crunchy biscuits, tender biscuits, and semi-moist treats in an array of flavors, delighting dogs and their owners alike
Pamper: With over four decades of experience, Pamper provides cat food that meets 100% of a cat's daily nutritional needs The brand is renowned for its dry food range, which offers functional benefits such as cognitive health support and hairball control, ensuring feline companions receive optimal care
Husky: Husky's wet dog food range comprises various flavors and textures, ensuring mealtime is always a delightful experience for dogs. The brand's offerings include the Homestyle range, Chunky range, Jelly range, and more, catering to diverse canine preferences
Olympic Professional: This brand offers smart nutrition for all breeds, sizes, and special needs Its dry dog food range meets and exceeds the nutritional requirements of puppies and adult dogs, with specially formulated solutions for active or working dogs, seniors, and overweight dogs
COMMITMENT TO CORPORATE SOCIAL RESPONSIBILITY
Bob Martin & Co 's dedication extends beyond commercial success to encompass a profound sense of corporate social responsibility (CSR) Their comprehensive sustainability program focuses on four key pillars:
1 Employee Livelihoods
2 Community Engagement:
3.Economic Contribution:
4 Environmental Sustainability:
Bob Martin & Co 's journey from a single conditioning powder to a diversified portfolio of trusted pet care brands exemplifies a legacy of innovation, quality, and social responsibility Their unwavering commitment to animal health and well-being, coupled with
strategic growth and community engagement, has solidified their position as a leader in the pet care industry across Southern Africa
As they continue to adapt to market trends and consumer needs, Bob Martin & Co remains a testament to enduring
business success and profound industry influence
THEUNTOLDSTORYOFC DOMINATETHEAFRICAN
In an industry where precision, reliability, and innovation det a commanding presence As Africa’s foremost metal crown only a legacy of quality but a forward-thinking mindset that c continent
Coleus
Packaging
OLEUS’SBOLDMOVETO MARKET
termine long-term success, Coleus Packaging has carved out n closure manufacturer, the company’s evolution reflects not continues to shape the future of packaging across the
for bottle crown manufacturing
A DECADE OF EXCELLENCE IN METAL CLOSURE MANUFACTURING
In the dynamic world of packaging, few companies have demonstrated the resilience, innovation, and growth trajectory of Coleus Packaging
Established in South Africa, Coleus has evolved into the continent's leading supplier of metal crown closures, significantly influencing the brewing and beverage industries over the past decade
Coleus Packaging was initially founded as part of South African Breweries (SAB) to produce crown closures internally and later evolved into a standalone company serving the broader beverage industry
From its inception, the company focused on delivering products that met international standards, ensuring the integrity and freshness of beverages.
This commitment to quality quickly positioned Coleus as a trusted partner for numerous beverage producers across Southern Africa
STRATEGIC PARTNERSHIPS AND INVESTMENTS
In mid-2022, Coleus underwent a significant transformation when Greek company Astir Vitogiannis acquired a 75% shareholding in the company, with the remaining 25% retained by Nokusa Packaging, a Black Economic Empowerment (BEE) partner
This strategic partnership marked a pivotal moment in Coleus's history, providing access to advanced technologies and expertise Managing Director Ian Victor remarked,
Coleus Packaging showcases new machinery
The heavy investment in our company means we are on track to become more globally competitive and it also provides the opportunity to diversify and move into other metal closures.
Managing Director Ian Victor
As part of this collaboration, Coleus invested in a state-of-the-art PMC 500 crown manufacturing machine from Italian manufacturer SACMI This
advanced equipment enhances production efficiency and quality, enabling Coleus to meet the evolving needs of its clients
LOGISTICS, DEVELOPMENTS AND FUTURE OUTLOOK
Understanding the critical role of logistics in the supply chain, Coleus has optimized its operations to offer short lead times and flexible delivery options The company ensures that orders are processed efficiently, with manufacturing processes starting promptly upon order confirmation. This commitment to timely delivery has earned Coleus a reputation for reliability among its clients
Looking ahead, Coleus plans to extend its footprint beyond the Southern African Development Community (SADC) region
into the broader African market This strategic expansion aims to tap into emerging markets and diversify the company's customer base The partnership with Astir Vitogiannis is expected to play a pivotal role in this expansion, providing the necessary resources and expertise to navigate new markets
Through strategic partnerships, technological advancements, and a focus on operational excellence, Coleus has not only solidified its position as a leader in the metal closure manufacturing industry but has also set a benchmark for others to aspire to
In the dynamic landscape of Africa's mining industry, few companies have demonstrated the resilience and adaptability of Impala Platinum Holdings Limited (Implats).
Over the past decade, Implats has navigated market fluctuations, technological advancements, and socio-economic challenges to solidify its position as a leading producer of platinum group metals (PGMs).
Impala Canada: The acquisition of North American Palladium in 2019 marked Implats' entry into the Canadian market, providing access to the Lac des Iles Mine in Ontario This move diversified the group's geographical footprint and commodity mix
Royal Bafokeng Platinum (RBPlat): Implats' strategic stake in RBPlat has strengthened its position in the Bushveld Complex, one of the world's richest PGM-bearing regions
INNOVATION AND SUSTAINABILITY INITIATIVES
Implats has demonstrated a commitment to innovation and sustainability, aligning its operations with global environmental and social governance (ESG) standards
Notable initiatives include: Zimplats: The company has invested in mine development and infrastructure upgrades to optimise output
Renewable Energy Integration: Implats signed a five-year power purchase agreement with Discovery Green to supply renewable energy to its Impala Refineries operation in Springs, South Africa. This aligns with the company's goal to reduce carbon emissions
Solar Power Projects: Zimplats is constructing a 35MW solar power project, expected to be completed by the end of FY2024 Similarly, Marula Platinum has finalized the bankable feasibility study for a 30MW solar project, reflecting Implats' commitment to energy security and decarbonisation.
Community Development: Implats has invested in socio-economic development projects, such as the R1 1 million fencing project in Mcambalala Village, Eastern Cape, aimed at reviving maize farming and enhancing food security
LEADERSHIP PERSPECTIVE AND FUTURE OUTLOOK
Implats' leadership has been instrumental in steering the company through turbulent times In a recent statement, CEO Nico Muller reiterated the company's cautious outlook:
We are anxiously waiting on a US interest rate cut as it would be a boost to languishing platinum group metal prices.
Mark van Heerden
Technical Director of Total Blasting
Despite current market challenges, Implats remains focused on longterm value creation The company's strategic priorities include:
Sustainable Growth: Continuing to invest in projects that offer longterm value while maintaining financial discipline
Technological Innovation: Leveraging technology to enhance operational efficiency and environmental performance
Stakeholder Engagement: Fostering strong relationships with employees, communities, and investors to ensure mutual benefit and support
Impala Platinum's journey over the past decade reflects a narrative of resilience, innovation, and strategic foresight By embracing sustainability, investing in its people, and adapting to market dynamics, Implats has not only weathered industry challenges but also positioned itself for future success
As the global demand for PGMs evolves, Implats' commitment to excellence and responsible mining will continue to shape its legacy in Africa's mining sector
In the dynamic landscape of Africa's food industry, few companies have demonstrated the resilience, adaptability, and growth that RCL Foods has achieved over the past decade From its humble beginnings to its current status as a leading South African food manufacturer, RCL Foods' journey is a testament to strategic vision and commitment to innovation.
RCL Foods
HISTORICAL EVOLUTION AND MILESTONES
FRCL Foods traces its origins to 1960 when Rainbow Chicken commenced operations on a modest farm in Hammarsdale. The subsequent decades witnessed significant expansions, including the establishment of a sugar mill operation in Malelane in 1965, positioning the company as a major player in South Africa's sugar production.
The 2004 acquisition of Vector Logistics marked a strategic move to optimise the outbound supply chain, enhancing distribution efficiency. A pivotal transformation occurred in 2013 with the acquisition of Foodcorp, one of South Africa's largest food producers, leading to the rebranding of the company as RCL Foods Limited This period of growth was further bolstered by the 2014 acquisition of TSB Sugar,
solidifying RCL Foods' presence in the sugar industry The company's expansion strategy also included ventures into the African continent, exemplified by the acquisition of a 33 5% stake in Ugandan poultry producer HMH Rainbow Limited
In 2020, RCL Foods diversified its portfolio by acquiring a minority shareholding in LIVEKINDLY Collective, reflecting a commitment to innovation in the food sector The sale of Vector Logistics in August 2023 marked a strategic realignment, allowing RCL Foods to concentrate on its core business areas
STRATEGIC INVESTMENTS AND RECENT DEVELOPMENTS
Demonstrating a commitment to growth and job creation, RCL Foods announced a substantial investment of R620 million in its Hammarsdale plant in April 2023.
This investment aims to restore the plant to full capacity, increasing output by 60% over a one-year timeframe The expansion is expected to create jobs by reinstating the second shift at the processing facility, thereby enhancing local chicken supply and driving economies of scale
In September 2024, RCL Foods reported a 31% increase in full-year profit, with headline earnings per share rising to 1 216 rand from 92 8 cents the previous year This growth was attributed to price increases averaging 6.8% across its groceries and baking segments, slightly below the national average food inflation rate The company recorded a 6 8% revenue rise to 26 billion rand, driven by higher sales pricing and robust performance in its sugar and pet food sectors Despite challenges such as weakened consumer demand, RCL Foods focused on making food more affordable amidst inflationary pressures that have eroded consumer purchasing
power. CEO Paul Cruickshank emphasised the company's role in keeping South Africans fed and employed, stating,
We are cognisant of the role we play in keeping South Africans fed and employed, and we will continue to prioritise affordability while safeguarding the sustainability of our business
Paul Cruickshank CEO of RCL Foods
IMPACT ON THE AFRICAN FOOD INDUSTRY
RCL Foods' influence extends beyond financial metrics; the company has played a pivotal role in shaping South Africa's food industry By producing a broad basket of branded and private label food products, RCL Foods has become integral to the daily lives of millions
The company's commitment to sustainability is evident in its strategic initiatives aimed at delivering consumer goods that support the well-being of employees, consumers, communities, and the planet. This is supported by three pillars: People, Product, and Practices, reflecting a holistic approach to corporate responsibility
Under the leadership of CEO Paul Cruickshank, RCL Foods has navigated complex market dynamics with a focus on sustainability and affordability Cruickshank's vision emphasises the company's role in the broader societal context, highlighting a commitment to keeping South Africans fed and employed This perspective underscores the company's strategic decisions and investments aimed at balancing business growth with social responsibility.
RCL Foods' journey over the past decade
reflects a blend of strategic RCL Foods' journey over the past decade reflects a blend of strategic acquisitions, investments in capacity expansion, and a steadfast commitment to sustainability and affordability The company's ability to adapt to market challenges and its focus on delivering value to consumers have solidified its position as a leader in South Africa's food industry
As RCL Foods continues to grow and evolve, its influence on the industry and its contribution to the South African economy remain profound, embodying a legacy of resilience and innovation
