Fifty per cent black-owned international removal company
AGS-Frasers Air-cargo, says its duty is to transport the New
Partnership for Africa’s Development (Nepad) to the rest of
the world.
The joint-venture company, owned by GIN Holdings, a black-owned diversified investment company, and AGS-Frasers International Removals, in February last year, received a four-year tender from the Department of Foreign Affairs to transport South African diplomats to their missions abroad.
Since the start of the contract, it has undertaken more than 75 missions to African countries, Europe, South America, the US, Asia and the Middle East.
As South African diplomats are moving around the world to secure economic partners for the country and the continent as a whole, AGS-Frasers Aircargo’s responsibility is to ensure that their movement is trouble-free, director Nikita Cindi tells Engineering News.
“The relationship that is created between our company and the Department of Foreign Affairs is a symbiotic one, where the country’s diplomats are enjoying our service, while we take advantage of business opportunities created from this,” Cindi says.
He says his company is literally carrying Nepad into Africa and abroad by moving people armed with the Nepad vision and responsible for taking the initiative forward.
Of the more than 75 missions that the company has moved for the Department of Foreign Affairs, 32% were to Europe, 28% to Africa, 13% to the Middle East, 12% to Asia, 11% to the US, and 4% to South America.
“If the Nepad initiative did not exist, the company would not have been able to improve its business into the African continent,” Cindi believes.
In addition to the Department of Foreign Affairs tender, AGS-Frasers International is targeting corporate accounts such as SABMiller, MTN, Telkom and Eskom in their expansion into Africa.
“The climate that Nepad seeks to create in Africa and abroad makes us a vehicle for every participant to the initiative,” Cindi continues.
He claims that AGS-Frasers International is the only black-empowered company in the international removals industry.
“We are unique in the sense that we have capital muscle and an empowerment element.
“We have also taken empowerment down to our employees, who own 30% of Advance Logistic Solutions, the company that we have created and outsourced our warehousing and distribution operations to,” Cindi says.
He reports that the company intends to increase the share-holding of its employees from 30% to 50%.
GIN Holdings was founded in May 2000, by the late Guy Mlambo, as well as Ivan Mofokeng and Cindi (GIN is therefore and acronym composed of the initials of the founding stakeholders), with the sole purpose of creating a home for projects and ventures of the three stakeholders.
The investment company acquired 50% of AGS Frasers International’s subsidiary, AGS Frasers Aircargo, in August 2000.
Cindi and Mofokeng, the current directors of GIN, bring with them diverse expertise and experience from working in different fields.
Cindi read Mathematics at Keele University, in Stafford-shire, in the UK.
He holds an MSc degree in Applied Mathematics from the University of Wales, Bangor.
A founder and executive director of Mafulela Holdings, that has interests in entertainment and leisure, Cindi is also a shareholder of G7 Holdings, which is part of Akani Egoli, an empowerment consortium that has a shareholding in Gold Reef City Casino.
Cindi has also worked for the South African Broadcasting Corporation between 1994 and 1996 as a specialist producer for mathematics, science and technology programming.
He represented South Africa as a science educator at the 1993 Nasa Space Camp in Alabama, US, where he received hands-on training as an astronaut.
He was also distribution development manager with South African Breweries from 1997 to 1999, an executive position that gave him corporate exposure.
Cindi’s key areas of expertise are logistics planning and implementation, as well as process facilitation and mediation.
Mofokeng brings with him expertise in management systems and process development, information technology, and process facilitation and mediation.
The joint-venture company, owned by GIN Holdings, a black-owned diversified investment company, and AGS-Frasers International Removals, in February last year, received a four-year tender from the Department of Foreign Affairs to transport South African diplomats to their missions abroad.
Since the start of the contract, it has undertaken more than 75 missions to African countries, Europe, South America, the US, Asia and the Middle East.
As South African diplomats are moving around the world to secure economic partners for the country and the continent as a whole, AGS-Frasers Aircargo’s responsibility is to ensure that their movement is trouble-free, director Nikita Cindi tells Engineering News.
“The relationship that is created between our company and the Department of Foreign Affairs is a symbiotic one, where the country’s diplomats are enjoying our service, while we take advantage of business opportunities created from this,” Cindi says.
He says his company is literally carrying Nepad into Africa and abroad by moving people armed with the Nepad vision and responsible for taking the initiative forward.
Of the more than 75 missions that the company has moved for the Department of Foreign Affairs, 32% were to Europe, 28% to Africa, 13% to the Middle East, 12% to Asia, 11% to the US, and 4% to South America.
“If the Nepad initiative did not exist, the company would not have been able to improve its business into the African continent,” Cindi believes.
In addition to the Department of Foreign Affairs tender, AGS-Frasers International is targeting corporate accounts such as SABMiller, MTN, Telkom and Eskom in their expansion into Africa.
“The climate that Nepad seeks to create in Africa and abroad makes us a vehicle for every participant to the initiative,” Cindi continues.
He claims that AGS-Frasers International is the only black-empowered company in the international removals industry.
“We are unique in the sense that we have capital muscle and an empowerment element.
“We have also taken empowerment down to our employees, who own 30% of Advance Logistic Solutions, the company that we have created and outsourced our warehousing and distribution operations to,” Cindi says.
He reports that the company intends to increase the share-holding of its employees from 30% to 50%.
GIN Holdings was founded in May 2000, by the late Guy Mlambo, as well as Ivan Mofokeng and Cindi (GIN is therefore and acronym composed of the initials of the founding stakeholders), with the sole purpose of creating a home for projects and ventures of the three stakeholders.
The investment company acquired 50% of AGS Frasers International’s subsidiary, AGS Frasers Aircargo, in August 2000.
Cindi and Mofokeng, the current directors of GIN, bring with them diverse expertise and experience from working in different fields.
Cindi read Mathematics at Keele University, in Stafford-shire, in the UK.
He holds an MSc degree in Applied Mathematics from the University of Wales, Bangor.
A founder and executive director of Mafulela Holdings, that has interests in entertainment and leisure, Cindi is also a shareholder of G7 Holdings, which is part of Akani Egoli, an empowerment consortium that has a shareholding in Gold Reef City Casino.
Cindi has also worked for the South African Broadcasting Corporation between 1994 and 1996 as a specialist producer for mathematics, science and technology programming.
He represented South Africa as a science educator at the 1993 Nasa Space Camp in Alabama, US, where he received hands-on training as an astronaut.
He was also distribution development manager with South African Breweries from 1997 to 1999, an executive position that gave him corporate exposure.
Cindi’s key areas of expertise are logistics planning and implementation, as well as process facilitation and mediation.
Mofokeng brings with him expertise in management systems and process development, information technology, and process facilitation and mediation.
To watch Creamer Media's latest video reports, click here
Advertisement
Edited by: Luxolo Tyali
EMAIL THIS ARTICLE SAVE THIS ARTICLE
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
