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

Mike Nkuna is a wealthy businessman and a billionaire from the province of Limpopo. In 1979, he began working in the butcher shop owned by his father. Later, he grew the business by establishing franchises in numerous regions.

In the end, he formed Masingita Property Investment Holdings (grounded on real estate, real estate management, property investment and investment holdings). It is primarily his efforts to rural and township development that have contributed to his notoriety.


Nkuna's Masingita Group owns the following companies:


The Nkuzana Nkuna Kraal Mall


Shops at Masingita in Giyani


Aeroton Convenience Store in Nasrec


Giyani at the Masingita Plaza


The Mangalani Convenience Store is located in Soweto.


Mangalani Convenience Center - Giyani


Mangalani Mall is located nearby Malamulele.


Giyani - Vehicle City


The Soweto Bara Mall


Jabulani Mall, Soweto


The Masingita Mall in Giyani


Shops at Diepsloot Mall


Masingita Towers in Sandton.

Soweto's Protea Glen Mall.

Machado Crossing-Venda


Mike Nkuna, who also owns a variety of retail and gas station franchises, operates the following businesses:


The Malemulele Exel Garage


Infiniti Giyani Shell Garage


Sasol Garage in Bosworth, Alberta.


Soweto's BP Service Station


A Shell Garage in Soweto.


Additionally, he is a director and stakeholder of the following businesses:


Investment and Commerce Limited by Xisaka (Pty).


Sindawonye Granulators and Processors (Pty) Ltd.

By Leopont 299 Properties (Pty)

The Masingita Property Investment Holdings, Pty. Ltd.

"Vlaming (Pty) Ltd."


The Consultancy Services of Illungile

AuctionInc (Pty) Ltd.

The Periscopic Masingita (Pty) Limited

The Marble Group is the owner of Audi and VW Center Polokwane.

His precise wealth is unknown, although after his Protea Glen and Jabulani malls were damaged by looters and rioters in July 2021, their estimated values were found to be R700 million and R1.4 billion, respectively.

Mike Nkuna is a director on the board and a minority shareholder in the football team Kaizer Chiefs, hence he is associated with both organizations.

https://18livenews.com/mike-nkuna-wiki/


https://www.apollo.io/companies/Masingita-Group-Of-Companies/56d5d08df3e5bb06e800a576


https://masingitagroup.co.za/


https://www.sowetanlive.co.za/amp/news/south-africa/2021-07-18-entrepreneur-mike-nkuna-counts-the-cost-of-looting-at-his-malls-in-soweto/


https://styleyou7.com/meet-mike-nkuna-a-shareholder-at-kaizer-chiefs/


https://www.news24.com/amp/citypress/news/property-tycoon-mike-nkuna-determined-to-have-soweto-malls-operating-within-two-months-20210726

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

Giya Masingita Property Investment Holdings Mike Nkuna Nkuna South Africa

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