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My Story by Herman Mashaba. Birthplace & Upbringing.

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Presentation on theme: "My Story by Herman Mashaba. Birthplace & Upbringing."— Presentation transcript:

1 My Story by Herman Mashaba

2 Birthplace & Upbringing

3 Exposure to Gambling at an Early Stage

4 The Decision I Treasure: Stabilize My Life

5 Beginning of Real Entrepreneurship

6 My Partners: 1985

7 Dark Days of Apartheid  Black business prohibited in so-called “white” South Africa.  One state of emergency after another. (Police brutality)  Pass Laws (restricted movement of black people)  Political violence in Black Townships.

8 Good quality affordable products Partners with great passion for the business Hard-working partners who wanted to make money within the constraints of the law Marketing campaigns with social responsibility element White partner dealt with officialdom  Black Like Me = Powerful name from the beginning  Evocative  Instilled a sense of pride in the consumer  Untapped market  Consumers embraced the company as theirs  Service-driven entrepreneurial company  Partners with sound knowledge Key Success Factors

9 Conferred with an Honorary Doctorate in Business Administration by Central University of Technology, Free State on 12 March 2013 Dr Herman Mashaba

10 Financial Services Real Estate Private Security Technology Facilities Management Private Equity Investor since 2002

11 An independent public benefit organisation founded in 1975 to promote and foster: An open Society The Rule of Law Personal Liberty Economic and press freedom Counter the steady increasing intervention in the economy by Government Free Market Foundation (FMF) Who we are ?

12 Section 32 of the labour relations act Minister of labour MUST extend agreements to non parties FMF wants this “MUST” to change to “MAY” extend the agreements to non parties Labour Law Challenge


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