Black blossom capital profile updated

Black Blossom CapitalCompany Profile

Supporting a strong private & public sector in developing & sustaining Investee companies.

www.blackblossomcapital.co.za

We take pride in our competent & experienced professional team, which is highly experienced in industrial development, engineering &

financial services.

2 Black Blossom Capital | Company Profile

Black Blossom was formed in 2013, to take advantage in the investment opportunities available in high quality companies that have

strong business networks and have attractive growth prospects,we also look at high returns for sharehold-er wealth maximisation. Black Blossom is committed to transformation and empowerment thus executive management team comprises of 100% Black South Africans. We take pride in our competent and experienced professional team, which is highly experienced in industrial devel-opment, engineering and financial services.

Profile Index

Black Blossom Capital is a SA investment holding company with a broad range of interests in the in-dustrial, engineering and financial services sectors.

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Learn the key objectives of Black Blossom Capital (Pty) Ltd 06

Black Blossom Capital Owns 100% stake in Hermes Apollo Engineering with over 20 years combined expertise

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Management Team | Team skills/team player (including leadership skills) 14

Your Business, Our Business

3Black Blossom Capital | Company Profile

About Us

The entity was formed in 2013 by Mr Bafana Kubedi, a distinguished entrepreneur within the engineering field, who has been operating and trading for the

past 12 years. In 2014, Michael Mashinini CA(SA) joined the entity, Mr Mashinini’s experience covers financial ser-vices and investment analysis. Mr Kubedi’s role is that of Chairperson while Mr Mashinini is the Managing Director of the entity. Black Blossom intends on playing a successful and distinguished role in the South African economy. Due to the entity’s scope in terms of good corporate governance and sound management structures. We are in a good position of understanding the country’s investment and trading environment. Black Blossom’s business strategy and philosophy is to take an active role in the companies

in which we invest in. Our approach is therefore not just to invest in entities and projects where we have identified a need to participate, but we contribute directly towards the growth and development of such entities on a hands on basis. Black Blossom Capital (Pty) Ltd has been incor-porated in terms of the Companies Act No 71 of 2008 in the Republic of South Africa. The fundamental investment objective is to ensure that we maximize shareholder value through investing in a portfolio of company’s with strong cash flows and high growth prospects. The entity has a long term view in terms of investment rather than quick cash generation, this view is in line with a sustained employment creation and value adding approach. Black Blossom is a wholly-owned black economic empowerment company.

Black Blossom Capital is a SA investment holding company with a broad range of interests in the industrial, engineering and financial services sectors.


Black Blossom was formed in 2013, to take advantage in the investment opportunities available in high quality companies that have

strong business networks and have attractive growth prospects,we also look at high returns for sharehold-er wealth maximisation. Black Blossom is committed to transformation and empowerment thus executive management team comprises of 100% Black South Africans. We take pride in our competent and experienced professional team, which is highly experienced in industrial devel-opment, engineering and financial services.

Our vision is to build a reputable and strong investment portfolio, that is diversified in its risk profile and maintains a constant level of

positive returns. Our investments are targeted at, but not limited to: infrastructure, diversified industrials, transport, energy, services, manufacturing, property development, telecommunications and financial services-related sectors.

The mission of the Black Blossom Capital is to support a strong private and public sector in developing and sustaining Investee companies,

to enable them to gain access to growth and sustain-able development with the aim of achieving high re-turns on all investments made. The entity will do this through aggressive marketing strategies for Investee companies to ensure that products and services are of good quality where a long term markets can be established and maintained. The following will be done

Invest in companies with good corporate governance

Provide value for money solutions through playing an active role in investments.

Ensuring that sustainable partnerships are built. Our values are focused on Diversity, Teamwork, Integrity, Accountability and Good Corporate Citizen-ship. This will ensure high level of professionalism, quality, a positive reputation.

Background

Vision

Mission

Company Review


Ensuring that sustainable partnerships

are built!


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Key Objectives

Key objectives of Black Blossom Capital (Pty) Ltd relate to the following areas:

Corporate Governance:

Review current operations in line with elements of the King Report on Corporate Governance to ensure compliance.

Practice integrity and good ethical behaviour in all our transactions.

Recognize the impact of non-shareholder stakeholders with regards to all elements of investments.

Conduct regular customer perception surveys to test customer satisfaction levels and improve on quality of products and ranges offered by the Group.


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Key Objectives


Expansion & Growth:

Conduct ongoing business development initiatives to improve the investment portfolio and increase the entity’s pipeline.

Expand the investment portfolio within the group.

Increase production capacity utilisation of all entities we invest in.

Expand the markets and grow the customer base i.e. export markets, this has a much broader perspective from a macro-economic level.


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Key Objectives


Financial:

Ensure that we have a modern system of financial accounting to manage the complex nature of investments and keep up to date data for effective management.

Structure a financially sound, viable and sustainable operation.

Apply strict cash flow management controls.

Comply with all legislative requirements in terms of IFRS and Auditing standards.


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Key Objectives


Marketing:

Position Black Blossom as a leading Investment company in SA

Develop strategic alliances with the SA Economic Department for advancement of initiatives from a Public, Private, Partnership perspective.

Develop export markets in Africa, through alliances in Investments made.

Implement a marketing plan and strategy to grow market share within each sector of investment.


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Key Objectives


Technical:

Utilise the capacity and technology available at entities we invest in while finding means of improving the technology for better effeciences.

Increase productivity through increased output and reduced input cost.


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HR, Training and Skills Development:

Ensure that we select and appoint a team of well trained and skilled individuals in all investment portfolios.

Ensure that we create enough job opportunities in areas of need and retain the staff for a sustained economic development initiative.

Provide ongoing training to ensure continuity of quality staff members.


Quality

Safety

Special Offer

Integrity

Black Blossom Capital Owns 100% stake

Professionalism Statement

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The company has been providing fabrication, laser cutting, plasma cutting, precision engineering and water je cutting to the Rail, mining

and construction sectors in South Africa


HERMES APOLLO ENGINEERING (HAE)

In 2007 (HAE) started as an off the shelf supplier of engineering consumables & support components, moving to the outsourced manufacturing of machined components. Its contin-ued growth in customer base & expertise saw it expand to fabrication & welding which then became the main business focus.

Further Expansion and Component specializa-tion Around 2011 Transnet Engineer-ing RSE business provided HAE with an opportunity to manufacture MKV Sub-Frames for the heavy haulage wagons. After an arduous process of testing and audits, HAE was approved as one of only two external manufacturers of MKV Sub-Frames outside TE, this was concomitantly followed by the upgrading of our workshop to improve the operational efficiencies and the quality of manufactured products.

Building Partnerships

From the understanding that great success is attributable to unity of purpose and the mutual support of all involved, HAE considered itself an exten-sion of TE’s operations, leading to a partnership of a shared vision, objectives and ultimately success in operational require-ments. It is worth mentioning the massive support received from TE in improving the quality of products and setting up our workshop to standards accept-able to TE’s critical suppliers

Innovation

For a growing business, the constraints to growth are plentiful, not least financial constraints to acquire the latest equipment and tooling. The upside is that it allowed HAE to be agile and innovative enough to more with less. A case in point is the manu-facturing in-house of hydraulic bending presses in lieu of Press brakes

p w fWelding Partnership Innovation

Michael Mashinini

CEO


Management Team

Communication skills Investment analysis requires extensive client con¬tact and Michael has been involved in hav-ing a number of engagements with clients from different sectors in the industrialised space. He has been instrumental in ensuring that the Black Blossom has an improved pipeline in the sphere of Investee companies that have been identified for Investment purposes. Being a young person himself, he has been responsible for handling all youth activities of the IDC in the North West prov¬ince, while he was an Investment Analyst at the DFI (Development Funding Institution). Engagements from a Black Blossom perspective include having meetings and discussions with all levels of staff (from line managers to director level) this greatly assists in gathering information to make judgments on vi-

able business opportunities for Black Blossom.

Team skills/team player (including leadership skills) Michael Mashinini is serving as the treasury of the Peer¬mont Education Trust Alumni Association, where they have raised funds to assist school kids in Ekurhuleni with applications for their University courses. As an Investment Analyst at the IDC, working with diverse multi-cultural teams has been the rule rather than the exception. A result of the robust growth in the Industrial capacitation in South Africa, he has been fortunate enough to have been a part of a number of multi-million rand transactions for the institution in the North West province.

“Michael Mashinini completed his CA qualification in the Financial Services – Banking (“FS –Banking”) division at PwC. The FS – Banking division at PwC counts three of the four larg-est banking groups in South Africa as its clients (ABSA, Standard Bank and FirstRand which have an aggre¬gate market capitalization in excess of ZAR 300 billion) and the South African Reserve Bank (SARB).”

Skills, knowledge, attributes and abili-ties

Drive Mr Mashinini previously served as a CFO at the National Development Agency as well as a Finan-cial Manager for Tasima (Pty) Ltd. He has played a key role in the strategic direction of both enti-ties while he was serving in senior management structures at such an early stage in his career. Michael is a young Chartered Accountant who is in a process of acquiring his Master’s In Business Leadership qualification. His drive and vision has led him to executive positions and this will be of benefit for Black Blossom in the future.

Skills, knowledge, attributes & abilities Mr Bafana Kubedi completed his B-Tech in Human Resources from Cape Tech; he also holds a Bachelor’s in Arts from the University of Witwatersrand; Bafana has completed the Advanced Leader-ship and Management Program from SAïD Business School Univer¬sity of Oxford. He is a distinguished Business Executive who has been operating in the Engineering space for the past 13 years. Mr Kubedi started BAF Industrial Safety in the year 2003; their focus was a supplier of PPE items to entities such as Sasol, Xstrata, Im¬plats, Transnet SOE, Eskom SOE and SANDF. In the year 2005, through his expertise and experience BAF then started manufacturing their own BAF branded SABS approved PPE items. In 2008 he started Hermes Apollo Engineering (“HAE”) to manufacture MKV Sub-Frames for the heavy haulage wagons, in 2011 HAE was approved as one of only two external manufacturers of MKV by Transnet Engi-neering. He founded Black Blossom Capital (Pty) Ltd in 2013. His business development skills will be beneficial for the growth aspects of Black Blossom and all Investee companies that the entity will invest in.


Management Team

Bafana KubediChairperson

Ownership

The owners and shareholders of Black Blossom Capital (Pty) Ltd are Bafana Kubedi and Michael Mashinini

The owners and shareholders of Black Blossom Capital (Pty) Ltd are Bafana Kubedi and Michael Mashinini


Management training and development is intended to play a key role in the future growth plans of the enterprise. Ongoing courses and workshops will be attended where required to address shortcomings in key performance areas such as strategic planning, general management, implementation of strategies, effective co-ordination and

control of activities and meeting deadlines. Where particular skills are required the necessary recruitment policy would be applied to attract the right calibre of people.

Management Expertise

Skills Development

Management is always a critical element for the success of any business and in this regard the management of Black Blossom Capital (Pty) Ltd meets prerequisites i.e.

The management team has extensive business experience with a good corporate governance track record.

Well balanced management team with required skills to manage an Investment entity.

Proven ability to manage a multi-million operation profitably.


Thank You for reading!!Black Blossom’s business strategy and philosophy is to take an active role in the compa-nies in which we invest in. Our approach is therefore not just to invest in entities and pro-jects where we have identified a need to participate, but we contribute directly towards the growth and development of such entities on a hands on basis.


Black Blossom CapitalContact info:

The Investment operations is based at:Eagle Creek Estate34 Houghton Drive

HoughtonGauteng

2198

Telephone # 0123456789Web: www.blackblossomcapital.co.za

Email: [email protected]

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Black blossom capital profile updated