ACHIEVERS
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January 16, 2014 >> Page 48
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Rendani Makhomu achieves often with an expanding business >> ‘It is not about how you fall, but about what you do while you are down’ >> ‘It is wise always to be ahead through research in case an opportunity comes your way’ RC Myburgh >>rc.observer@gmail.com
A
chievements don’t always have to come in the form of a certificate or an award. Of this Mr Rendani Makhomu, Chief Executive Officer of Tshete Holdings is a perfect example. This young entrepreneur, with the support of his determined team, achieves on a regular basis within his company. The recognition of being named Young Entrepreneur of the Year last year during the annual gala dinner of the Polokwane Chamber of Business therefore came as no surprise to anyone but himself. “It is an absolute honour. When a business is doing well you sometimes forget that someone is watching and taking note of your success and the important role the business plays in the city or province. So the award also quite came as a surprise,” he said. Makhomu, who completed his studies at the Tshwane University of Technology and was employed by several mining and engineering companies, saw the gap in Limpopo’s market and opened the doors of Tshete Holdings with his wife, Neo as partner. Setting goals and achieving them within Tshete Holding are the dynamics that ensure the company’s continued growth. Within the first five
Photo: RC Myburgh
Chief Executive Officer of Tshete Holdings, Mr Rendani Makhomu with his Young Entrepreneur of the Year Award received during last year’s Polokwane Chamber of Business Gala Dinner.
years of its existence Tshete Holdings expanded and five divisions were established under the umbrella of Tshete Holdings. Tshete Holdings is a dynamic, black owned engineering and investment holding company and is invested in a diverse portfolio of listed and unlisted assets in Africa. Most investments are in the industrial sector (asphalt, concrete and brick production) engineering sector (roads, sewer and water) and building (schools, residential and property). His most recent achievement entails a partnership with a world known company who manufactures bitumen used in other first world countries. “We are able to produce the best product for road maintenance while also creating jobs and keeping Limpopo’s money within its borders. For the age of the business we have achieved quite a lot, but we are not there yet,” Makhomu said. His vision is still to expand the business to the rest of the country while he already partnered with the Department of Trade and Industry to establish links with other African countries. Another achievement Tshete Holdings is that since December the expansion of the factory to cater for exporting products and the creation of more environmental friendly products were concluded. His advice to young entrepreneurs is: “It is difficult. Nothing comes easy. All industries have its ups and downs and therefore you have to stay focussed and stick to a proper business plan. It is not about how you fall, but about what you do while you are down.” His motto is life is that when an opportunity comes, it is too late to prepare. “We have missed out on several opportunities in the past and for that reason it is wise to always be ahead by doing research in case an opportunity which is in line with your business and vision comes your way.”
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