Through the fire, Kgori Capital emerges stronger

Friday, December 20, 2019

For more than two years, Kgori Capital’s name was high in the cast of characters suspected of involvement in the country’s biggest financial scandal. In a sensitive industry where reputation is everything, directors fought to clear the asset management firm and in July, the Court of Appeal handed them a decisive victory. Managing director, Alphonse Ndzinge tells Staff Writer, MBONGENI MGUNI a corner has been turned and the focus is on growth

At the height of its success, Kgori Capital held assets under management of P6 billion and was living proof that a young, citizen-owned entity could succeed in the local capital market.

The now 12-year-old firm boasted some of the finest citizen brains in financial services and was able to hold its own in a dog-eat-dog industry where mandates are frequently lost and found.

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