Tsiko Africa directors have extensive multi-faceted strategic, operational, commercial, financial and investment experience. The directors also have experience across a number of industry sectors including Mining, Oil and Gas, Healthcare, FMCG, Logistics, Manufacturing and Services.
Dr. Kinesh Pather
Group Executive Chairman
Kinesh has extensive experience in the trade union investment arena – he was previously the CEO of the Chemical and Petroleum Union Investment Company. In this role in 2001, he concluded the first significant BEE transaction in the PharmaCo sector through a substantial equity acquisition into Aspen Pharmacare (SA’s largest generic pharmaceutical manufacturer). This has led to enormous benefits for the Union and its members over the last 8 years. He gained immense insight into the sector and the value proposition to the partners.
Kinesh played a key role in the transformation of the Petroleum sector in SA over the last three years and has access, through direct relationships, with Major Oil Companies and Financiers in this sector. He assisted Total South Africa in formulating its empowerment strategy and approach and is also currently a shareholder in Total SA.
Kinesh was instrumental in the deal structuring of Impala Platinum’s Marula Platinum Mine and lead the consortium to acquire 27% of Marula Platinum in 2005. Kinesh acts as Advisor to Tubatse Platinum and the Marula Community Trust, two of the empowerment partners in the 27% stake of Marula. Kinesh is still retained as advisor on all matters relating to the empowerment stake. The total value of the acquisition was R800million.
Kinesh holds the position of Managing Director of the Bataung Group of companies and through Bataung Oil and Gas played a significant role in the formulation and implementation of acquiring a 26% equity stake in each of 9 companies formed to house the individual concessions granted by the Department of Minerals and Energy for the exploration and extraction of Coal Bed Methane in South Africa. Bataung’s partners in this transaction are NT Energy Africa and the Central Energy Fund
Kinesh also has extensive relationships in both the business and political arena of SA and in various parts of the Globe.
- Occupied many key positions within the national railway of South Africa for over 10 years, with his last position in 2005 being the General Manager of Transnet Freight Rail (formally Spoornet) National Operating Centre.
- Proven expertise in interface management with Ports, Train Schedule Design, Wagon Distribution, Customer Care and Channel Management.
- Passionate about optimising supply-chains that are biased towards rail performance through collaborative initiatives focused on trust, transparency, technology, team work and capacitated through focused investments.