Hlengiwe Spencer's Contact Details

Hlengiwe Spencer's Company Details

Masana Petroleum Solutions (Pty) Ltd

Johannesburg, Gauteng, South Africa • 51 - 200 Employees
Oil & Energy

Masana – the Xitsonga name for Sunrise – is a global symbol of new beginnings. In our more than 15 years of existence, there have been many new beginnings on the road to becoming a petroleum solutions provider. We are a marketer and reliable supplier of petroleum products and solutions to various business-to-business (B2B) sectors in South Africa. We have met and exceeded our customers' expectations over the past 15 years.Through our association with Energy & Combustion Services (ECS), Masana provides highly innovative solutions to the mining and industrial sectors, ensuring significant fuel savings to customers that are validated via expert measurement and verification methodologies certified to SANS 50010-2011; while following the International Performance and Verification Protocol (IPMVP-2012).SHAREHOLDERSbp Southern AfricaThe bp group's history in South Africa reaches back to the early 1920s. bp Southern Africa is Masana's strategic partner, and one of the largest oil companies in the country; enabling the provision of safer and more efficient distribution through shorter road deliveries to customers.Kwanati Consortium The Kwanati consortium consists of three black owned venture capital firms, namely Ata Capital, Kwande Capital and Identity Capital partners all with extensive experience as fund managers across a wide range of sectors such as mining, energy, infrastructure, telecommunications and financial services.Masana Employee Share TrustThe Employee Share Trust owns 14.5% of Masana and all employees who join Masana on permanent contracts become beneficiaries of the trust and receive share units. This level of employee shareholding makes Masana a B-BBEE company in the true sense of the term, by affording employees an opportunity to participate in the growth of the company through the share scheme.