Through the fire, Kgori Capital emerges stronger


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.

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

Have a Story? Send Us a tip
arrow up