Nomvuyo Molosi's Contact Details

Nomvuyo Molosi's Company Details

Mokoro Holding Company

Randburg, Gauteng, South Africa • 8 Employees
Financial Services

Mokoro Holding Company is an investment holding and management company established in 2013 as the holding company for Bridge Taxi Finance GJ and Bridge Taxi Finance CMC - both companies provide developmental credit to the minibus taxi industry.Based in Rosebank in Johannesburg, the Mokoro group consists of key strategic investments and associations in supplementary industries supporting the developmental finance value chain. These include an equity stake in each of the importers of vehicles that we finance; the investment in a supplier of parts and accessories to the vehicles we finance; and a strong association with CSS Collection services - a leading collections organisation that provides collection services to the big four banks as well as leading retailers. Mokoro provides back office services to the Mokoro group of companies including management, finance and accounting, human resources and information and technology services.Mokoro Holdings has secured funding to the value of over R700 million from various financial institutions such as Standard Bank and Grindrod Bank - which owns a 44.51% share in the company, as well as the founding shareholders, who holds a 55.49% share. Mokoro Holdings has an effective BEE shareholding of 38.5% and has a level 3 B-BEE rating.