Strategic Investors

Nozala was established in 1996 as a broad-based women’s investment company. In order to immediately address its economic needs, Nozala Trust was also formed during that same year. The Trust supports business start-ups from the empowerment shareholders and other women groups located within poverty nodes. Nozala Investment’s philosophy is to support equity investments through operational involvement and value-adding activities. Nozala seeks to promote economic advancement for women through constructive business partnerships with leading business entities, labour unions and leaders in commerce and industry, to foster women entrepreneurship and to benefit women from disadvantaged communities through the wealth and prosperity of South Africa’s private and public sector. Nozala is in excess of 85% black women owned and has an extensive broad-based beneficiary base including rural women, the aged, workers and entrepreneurial initiatives.

Nozala holds a 25.1% investment in Transcend and Transcend’s chairperson, Lorato Phalatse, was appointed by Nozala.

Visit the Nozala Investments website

 

Anglo Zimele is the Anglo American Group's enterprise development fund. It is a catalyst for emerging black business in South Africa, and was established to empower black entrepreneurs through the creation and transformation of small and medium enterprises (SMEs). Since its inception 18 years ago, it has invested in numerous SMEs across a variety of industries, and provides loan and equity finance to support start-up or expanding businesses. Anglo Zimele’s incubator approach to enterprise development has been adopted by the World Bank and the United Nations Development Programme, and has been implemented by organisations including the IFC in Kazakhstan, Sasol, Mondi South Africa and Barloworld.

Anglo owns 5% of Transcend having provided startup capital on loan to Mohlaleng Transcend in 2006.

Visit the Anglo Zimele website