Group
Board of Directors 3 Organogram 4 Management 6 Company Profile 9 Contents Vision Values Code of Conduct Corporate Social Responsibility Properties 10 Financial Services 11 Agribusiness 12 Construction 13 Transport 14 Resources 15 Opportunities in Partnerships 2
Board of Directors Average leaders raise the bar on themselves; good leaders raise the bar for others; great leaders inspire others to raise their own bar. Orrin Woodward Ismael Issy Namaseb Non-Executive Director Dr Leake S. Hangala Executive Chairman Tiaan van der Westhuizen Executive Director Gida Nakazibwe-Sekandi Non-Executive Director Hans-Bruno Gerdes Non-Executive Director 3
Group Properties Capital Agribusiness Property Development Property Management Private Equity Asset Management Hangala Mills Hangala Fertilizer Capital Private Equity 4
Organogram Construction Resources Motors Electrical Infrastructure Buildings Infrastructure Mining Solar Power Car Rental Fuel Transport 5
Dr. Leake S. Hangala, EXECUTIVE CHAIRMAN Tiaan van der Westhuizen, MANAGING DIRECTOR, Hangala Properties As one of Namibia s most influential businessmen, with vast experiences in government and finance, as well as a pivotal role during the liberation struggle, Dr. Hangala s ambition has remained unchanged from his childhood and shines through in his company s business strategy. The exciting period of growth recently enjoyed by Hangala Properties can largely be attributed to Mr Van der Westhuizen, who combines a solid reputation with ample experience in the real estate industry, giving Hangala Properties a competitive edge. 6
Management Melanie Allen, CEO, EMH Prescient Brighton F. Zinyakatira, INVESTMENT MANAGER, Private Equity A key partner in Hangala Group, Ms Allen has brought with her a proven track record in finance, investment as well as asset and wealth management. Mr. Zinyakatira joined Hangala Group in June 2015 as the Investment Manager Private Equity with over four years corporate banking experience in trade finance in the United Arab Emirates, and three years project management and management consultancy in Namibia and across Africa. 7
Management Tapiwa Daniel Mashinge, CEO, Ombanje Farming Ipinge Agapitus, PROJECT DEVELOPMENT MANAGER, Scatec Solar Namibia Sylvanus Kadhila, GROUP ACCOUNTANT, Hangala Group A true son of the soil, Mr Mashinge has over a decade s worth of hands-on experience that he combines with a wealth of knowledge in animal, crop and game production to map the strategic framework of Hangala Group s agribusiness unit. Mr Agapitus, with over nine years experience in electrical engineering projects in Namibia, focuses his knowledge and technical skills on developing Solar Photovoltaic Projects to provide sustainable renewable power for Hangala Group and Namibia. A strong blend of an incredible work ethic and an up-front honesty, Mr Kadhila has helped raise Hangala Group to one of the leading business institutions in Namibia. 8
Company Profile Hangala Investment Holdings (Pty) Ltd (Hangala Group) is a diversified company with interests in financial services, construction, properties, agribusiness, transport and resources. Our passion is excellence in performance, innovation and value creation for our stakeholders. We believe in the power of engaging in partnerships, therefore most of our businesses are built on joint ventures with partners that are credible, experienced and add value to our business relationships. Vision: To build a sustainable, diversified and a great enterprise that adds value to its stakeholders and its country. Values: - Leadership - the insight to shape a better future - Teamwork - working together works - Integrity - to be real and not try to be clever - Service Excellence - customer-centric business - Creativity to inspire - making a difference - Innovation - challenge the norm in everything we do - Results-orientated - achieving efficiency, working effectively Code of Conduct We believe in the honest and ethical conduct of business, we do not accept bribes nor will we bribe anybody as a means to get business. We expect all those who are doing business with us to adhere to this ethical code of conduct. Corporate Social Respnsibility Hangala Group believes that it makes business sense to invest in the community in which it operates. The Group intends to invest in the following as part of our corporate social responsibility: - Education - Sport - Community Development Hangala Group conducts its business operations either on its own or through its business partners. Below are the fields in which we operate: 9
Property Development and Project Management Hangala Properties (Pty) Ltd supervises our property development activities, while project management is conducted through PPH Investments. Property development is one of the core businesses of Hangala Group. Our focus includes: land delivery, residential, commercial, industrial and retail development. Properties 10
Financial Services Asset Management: Through Hangala Capital, in a joint venture with Prescient Holdings, we established EMH Prescient Holdings - in which Hangala Capital effectively has a 28% shareholding. Prescient is a multinational business whose operations span sub- Saharan Africa, Europe, Australia and Asia. Over the years, Prescient has evolved into a partnership of people and companies servicing a broad range of clients across a number of disciplines around the world. Prescient Limited is listed on the Johannesburg Stock Exchange, with the head office based in Cape Town, currently managing about N$120 billion in South African assets. EMH Prescient Holdings through EMH Prescient Investment Management, a licensed Namibian asset management company, offers unit trusts as well as segregated investment solutions with just over N$500 million of assets under management. Private Equity: In a solid partnership with Prescient Global South Africa as a Technical Partner, we founded Hangala Capital Private Equity (Pty) Ltd as an Unlisted Investment Manager (UIM), in which Hangala Capital (Pty) Ltd has 60% shareholding and Prescient Global has 40% shareholding. In adherence to Regulation 28 and 29 of the Pension Fund Act, the Hangala Capital Fund (Pty) Ltd was then established and licensed as a Special Purpose Vehicle (SPV), by the National Financial Regulator, NAMFISA, and is managed by Hangala Capital Private Equity (Pty) Ltd. Capital 11
Agribusiness The Group, through Ombanje Farming on their 6000-hectare farm, is involved in the production of Bonsmara stud cattle, crops, small stock and game. It is situated on the B1 Road between Otavi and Tsumeb. The Group is also at the advanced stages of venturing into poultry farming and agro-processing that will include maize and wheat milling as well as animal feed manufacturing. Furthermore, it is the Group s intention to be involved in fertilizer importation and distribution in Namibia. In line with the Group s spirit of partnership, we are engaging through Hangala Agribusiness with global leading players in the above-mentioned industries to establish plants in Namibia. Agribusiness 12
Construction Hangala Group has teamed up with the NMC Group, a construction company and engineering firm that is based in Cape Town, to form NMC Construction Namibia, in which Hangala Group has 30% shareholding. NMC Construction specializes in building work: commercial, industrial, retail, civil and residential. Hangala Group has established a wholly owned subsidiary, Hangala Construction, for the construction of projects between N$ 1-25 million in value. Hangala Construction has gone into a relationship with NMC Construction in which NMC Construction provides a management and supervisory service to Hangala Construction, and thereby endeavours to uplift Hangala Construction from a SME status into a formidable national construction company. Construction 13
Transport Hangala Group holds a 30% share in Hertz Car Rental Namibia. Hertz has offices at the Hosea Kutako International Airport, the City of Windhoek, Ondangwa Airport and Walvis Bay Airport. Through our partnership with Pamue Investment Corporation, we own a 7% shareholding in the fuel distribution company: Unitrans Namibia (Pty) Ltd. Motors 14
Resources Hangala Group owns a 20% shareholding in Scatec Solar Namibia, a subsidiary of the Norwegian/Japanese global solar brand. The Group has partnered with Scatec Solar, a leading Global Solar PV Independent Power Producer to focus on harnessing Namibia s abundant solar resources for power generation in Namibia. Scatec Solar is responsible for the development, construction and operation of over 400 MW of solar power plants worldwide, with 200 MW located in Southern Africa and another 258 MW scheduled for construction in 2017. Through Evi Mining Co. Ltd, Hangala Group has a small interest in B2Gold Namibia. Resources 15
Group Tel: +264 61 410700 Fax: +264 61 400155 Email: info@hangala.com 18 Liliencron Street, Unit 16, The Village, Windhoek www.hangala.com 16