steve tsiloane

JHB (ZAF)
Role(s):
C-Level Executive (CEO, CFO, etc.)

Ekasie Group Holdings

Find More Startups Startup
Location: JHB
Industry: Manufacturing
Year Founded: 2005
Number Employees: 1-10 people
Description: Ekasie group is a wholly black owned and managed company which is positioned to participate in a myriad of business activities in the South African economic landscape. Ekasie has six operating companies, each with a dedicated Managing Director accountable to the Board. All operating entities are 100% owned by Group Holdings, a structure which allows for a seamless integration of efficiency, diversity and accountability whilst upholding a single-minded objective on the execution of our group strategy. Our strategic intent is to optimize our resources by investing in high growth sectors of the economy and through strategic partnerships with companies that share in our vision. This we will achieve by growing our asset base and seizing market opportunities through acquisitions and joint ventures. We will attain this objective through organic growth, market leadership and the building of a formidable business with diverse assets and a strong balance sheet. Customer service, exceeding business targets and the acquisition of profitable operations remain at the heart of our strategy. Central to our growth is a passion for delivering consistent results to our shareholders through the supply of critical goods and services, continous environmental scanning and the use of cutting edge technology. Through our special relationship with Planet Fitness Holdings, Ekasie Bodywize is currently in discussions to acquire a 26% stake in Planet Franchise holdings, and we consider this a significant step in the attainment of our long-cherished dream of entering this prestigious sector. Over the last year, and after lengthy deliberations with possible investors, the board took a strategic view to diversify into high growth sectors by adding five more subsidiaries to the group, namely: • Ekasie Foods (retail and manufacturing) • Ekasie management consulting(life coaching and business mentoring) • Ekasie property services(development and rental) • Ekasie tourism and leisure(tours, amusement parks and hotels) • Ekasie corporate services(dealmaking,M&A) This is quiet an aggressive growth strategy which we intend to manage with enthusiasm and prudence. We will achieve this noble goal by appointing competent and experienced leaders to head up these integral business units. It is our firm view that with the right talent, conducive political environment, a growing economy, and our viable business model, Ekasie Group will become a key player in the growth of Africa’s burgeoning economy. The Board has set itself extremely tough targets and milestones and it is our collective focus to build a conglomerate which will manage assets in excess of R8b in 2018. This we aim to achieve through joint ventures, organic growth and strategic acquisitions through collaboration with our customers, people and investors. We will utilize both seed capital and other funding instruments to realize our growth strategy. In case you are wondering what Ekasie means, well it is a colloquial term for township-where it’s all happening.