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Business Management analysis

Meet the man from Limpopo who owns more than ten malls in South Africa

Mike Nkuna is a Limpopo-based billionaire and businessman. While working at his father's butcher shop, he went on to open other locations of his own in various states.

Masingita Property Investment Holdings was the company he later established (grounded on real estate, real estate management, property investment and investment holdings). He is well known as a pioneer in the establishment of rural and townships.

The Masingita Group, headed by Nkuna, owns the following businesses:

The Nkuna Kraal Mall is located in Nkuzana

Giyani's Masingita Mall

In Nasrec, the Aeroton Convenience Center

In the Masingita Plaza in Giyani

A Soweto convenience store called Mangalani Convenience Center.

Mangalani Convenience Store - Giyani, South Africa

Shops and restaurants at Malamulele, Mangalani Shopping Centre.

In Giyani's Motor Town.

Soweto, South Africa

Soweto's Jabulani Shopping Center

Giyani's Masingita Shopping Center

Diepsloot Mall

the Masingita Towers

Soweto's Protea Glen Mall

Venda at the Makhado Crossing

Mike Nkuna also owns and operates a number of retail and gas station franchises.

"Malamulele" by Exel Garage.

Service Station Shell in Giyani

In Alberton, Sasol Garage - Bosworth

Soweto BP Garage

Soweto Shell Garage

Along with them, he's a shareholder and board member of the following businesses:

Xisaka Investment and Trading (Pty) Limited.

Granulators and Processors of Sindawonye, a South African company

South Africa's Leopont 299 Properties (Pty) Ltd.

Investment holdings company Masingita Property Investment Holdings

Vlaming (South Africa) Pty. Ltd.

Consultancy services offered by Illungile

We are AuctionInc (Pty) Ltd., a South African company.

Limited liability company Masingita (Pty) Ltd.

The Volkswagen and Audi Centre Polokwane is owned by the Marble Group.

His Protea Glen Mall was valued at R700-million and his Jabulani Mall was estimated to be worth R1.4 billion in July 2021, after they were damaged by rioters and looters.

Aside from being a shareholder, Mike Nkuna is also a director of the soccer team Kaizer Chiefs.


Content created and supplied by: Xielani_In_Limpopo (via Opera News )

Masingita Group Masingita Ma Masingita Property Investment Holdings Mike Nkuna Nkuna


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