Bassie in Business

Basetsana Kumalo is a stylish and experienced well established Business woman who owns, in her capacity as Chief Executive Officer, a very successful Business namely: Basetsana Woman Investment Holdings (Pty) Ltd.

Basetsana is one of our country’s leading Business woman and has already made her mark in various communities, business and government arenas.

Bassie’s interests lie in the following sectors:

  • Basetsana Woman Investment Holdings (Pty) Ltd: Mining
  • Basetsana Woman Investment Holdings (Pty) Ltd: Property
  • Basetsana Woman Investment Holdings (Pty) Ltd: Media

Board Memberships

Basetsana sits on a number of Boards, namely:

UNIPALM INVESTMENT HOLDINGS. Capacity: Director

UniPalm is a broad-based national empowerment investment vehicle that empowers people through value creation for its shareholders via a prudent investment approach that is based on equity and effort contribution

PHAB HOLDINGS. Capacity: Director

PHAB Holdings focuses on sourcing and facilitating business opportunities and investments across selected industries in Africa, particularly those related to property investments, medical aid, mineral resources, financial services and design.

LOVELIFE. Capacity: Director and Vice Chairman

LoveLife is South Africa’s largest national HIV prevention initiative for young people. We combine a sustained high-powered campaign with nationwide community-level outreach and support programmes to promote healthy, HIV-free living among South African teens.

NELSON MANDELA INSTITUTE

The role of the Nelson Mandela Institute (NMI) is to help develop a sustainable future for South Africa by investing in the country’s youth and creating viable and sustainable communities. To achieve this, the Institute aims to transform the education system by focusing on foundation-phase learning as well as on further education.

LEUNGO INVESTMENTS (Pty) LTD

Leungo Investments (Pty) Ltd is a joint venture between Hollard and PHAB. Its mission is ‘to provide South Africans with quality homes that draw on the design excellence of Africa, instead of foreign European and Eastern influences that are so prolific at the moment’.

UZALILE INVESTMENTS: DirectorBWIH Mining

In 2005, Basetsana and two partners launched Uzalile Investments, a woman-owned coal mining company that has joint-listed with another company on both the Australian and Johannesburg stock exchanges.

TAWANA RESOURCES: Non-Executive Director

Because of the high risk high reward character of the diamond exploration industry the Company has, from the beginning, adopted a portfolio approach. Where successful, the projects will be brought on sequentially, with the cash flow from one available for the financing of the next and to contribute to exploration of the others. With constrained administrative outlays as well as cash flow management, the objective is to enhance shareholder value by maintaining the tightest possible capital structure.

Over the past three years, Tawana has accumulated an enviable portfolio of diamond projects in Australia, South Africa and more recently in Botswana. These projects range from early stage exploration through to pre-feasibility, in keeping with Tawana’s commitment to becoming a diamond miner in the near future.

BWIH Media

TSWELOPELE PRODUCTIONS: Executive Chairperson

Together with her partner, Patience Stevens, Basetsana started Tswelopele Productions, a television production company which produces Top Billing and Pasella.

In 1999 Tswelopele merged with Union Alliance Media and listed on the JSE Securities Exchanged SA, making Basetsana one of the youngest black women Directors to be part of the mainstream of the South African economy.

Tswelopele Productions has grown to producing commercials and corporate videos as well as other TV-related programmes. The company has recently been nominated as one of the Top 300 Empowerment Companies.

Tswelopele Productions also produces Pasella, Ses’khona and Top Travel.

TSWELOPELE PUBLISHING: Executive Chairperson and Editor at Large

Tswelopele Publishing has been publishing Top Billing magazine for the past five years to a great success. Contract publishing is also a major part of the publishing company.

BWIH Properties

PHAB HOLDINGS: Chairperson

In 2004 PHAB Holdings was established by two dynamic women, Basetsana Kumalo and Potlako Gasennelwe and then joined by a third, Dr Mabatho Ntom’zikhona Mushekwane. A black women’s investment group, PHAB Holdings focuses on sourcing and facilitating business opportunities and investments across selected industries in Africa, particularly those related to property investments, medical aid, mineral resources, financial services and design.

HOLLARD INSURANCE

Basetsana Khumalo, together with black women’s investment group Phab Holdings, has invested in two Hollard office buildings – Nos 6 and 10 Anderson Street – with plans to convert them into 126 residential apartments ranging from R250 000 to R1m.

The buildings are to be renamed DoGon and Ashanti, some of the apartments have been sold as sectional title and will go into a hotel rental pool scheme to be managed by Urban Hip Hotels.