R/€ = 14.09
R/$ = 10.74
Au 1266.95 $/oz
Pt 1411.00 $/oz
Nov 18, 2005
Tokai|Africa|BHP Billiton|Education|Goldman Sachs|Incwala Resources|JPMorgan Chase|Resources|SABMiller|Africa|Denmark|Japan|South Africa|Energy|Mining|Negative And Unconstructive Energy|Present Group|Career|Children|Graham Mackay|Person|Position|Sergei Vasilyevich Rachmaninoff|Ricoh Caplio R40 Digital Camera|Football
© Reuse this Full name: Arne Hojriis Frandsen
Position: CEO, Incwala Resources, since July 2005
Main activity of the company: Mining
Date and place of birth: December 22, 1966, Denmark
Education: BA, LLB, LLM, University of Copenhagen; three years at Stellenbosch and Tokai, Japan, as postgraduate research student (writing my book, etc), 1986–1993
First job: Delivering Sunday newspapers
Size of first pay packet: R40 a month
First job with present group: CEO
Career history prior to current position: Goldman Sachs, 1993–97; JPMorgan Chase, 1997–2005
Value of assets under your control: R5-billion
Number of people under your leadership: Lean, mean holding company
Management style: Inspirational, leading the team effort from the front
Personal best achievement: Persuading my wife to marry me
Professional best achievement: A 12-year track record of value-creating transactions
Person who has had the biggest influence on your life: My wife
Person who has had the biggest influence on your career: Lord Renwick of Clifton
Person whom you would most like to meet: Any person who follows his or her passion and lives his or her dreams
Businessperson who has impressed you most: Graham Mackay
Philosophy of life: Whatever you do, take pride
Biggest ever opportunity: To have been given the chance to study on three different continents – Denmark, South Africa and Japan
Biggest ever disappointment: I do not dwell on disappointments; it creates negative and unconstructive energy
Hope for the future: To remain healthy
Favourite reading: Biographies, currently reading one on Oliver Tambo, Beyond the Engeni Mountains
Favourite TV programme: I do not watch TV
Favourite food/drink: Waterblommetjie bredie with a solid red wine
Favourite music: Sergei Vasilyevich Rachmaninoff
Favourite sport: Cricket
Favourite website: www.cricinfo.com
Hobbies: Creative pursuits, from making food to playing football or cricket
Car: Wrangler Jeep
Pets: West Highland Terrier, Tintin
Miscellaneous dislikes: Lack of integrity, injustice
Favourite other South African company: SABMiller
Favourite foreign company: BHP Billiton
Married: Fransie, South African art psychotherapist and fine artist
Clubs: Don’t believe in clubs – they either keep people out or lock them in
Edited by: Martin Creamer© Reuse this Comment Guidelines (150 word limit)
Other Business Leader News
Main Activity of the Company: Acquiring, managing and developing residential properties in Gauteng Date and Place of Birth: February 10, 1970, Johannesburg Education: Matric, Saint Stithians; BCom (Hons), University of the Witwatersrand; CA(SA) First Job: Wearing a...
Main Activity of the Company: Nordex is a German-owned manufacturer of wind turbines that coordinates the overall technical design of wind turbines. The company also develops rotor blades more than 58 m long and integrates electrical and control technology for wind...
Updated 2 minutes ago Global leaders are gathering in Stockholm, Sweden, this week for the twenty-fourth annual World Water Week, at which South African native Professor John Briscoe will on Thursday be awarded the Stockholm Water Prize from King Carl XVI Gustaf of Sweden at a ceremony in...
Updated 6 minutes ago Despite being Africa’s economic powerhouse, South Africa has fallen behind in terms of the number of people per 100 that have access to fixed and mobile broadband, Saab Grintek Technologies CTO Suraj Ramlall said on Tuesday. Broadband in South Africa was generally...
Updated 15 minutes ago Some of the best innovations worldwide had been conceptualised and delivered during or immediately following a recessionary period, Internet Solutions MD Saki Missaikos said on Tuesday. Speaking at the Southern Africa Telecommunication Networks and Applications...
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...