Group Profile

Started by Mr Siviwe "Chippa" Mpengesi in 2002, Chippa Holdings has grown into a multi-faceted organisation employing over 1000 people. Chippa Holdings initially specialised in the provision of security services, and have since diversified into the industrial, education, mining, manufacturing and property sectors, amongst others.

Chippa holdings is invested in a wide portfolio of listed and unlisted companies with key holdings in the construction, transport, education and training.

Our investments are targeted at, but not limited to: infrastructure, property-related, diversified industrials, transport, energy, services, manufacturing, telecommunications and financial services-related industries.

We seek to invest in high quality companies that have strong business franchises, attractive growth prospects, leading market position and the ability to generate superior returns.

Chippa Holdings Investment Holdings has enjoyed steady and continuous growth over the years yet it remains true to its vision and mantra

Excellence Is Not An Act But A Habit, A Habit We Have Adopted To Become Part Of Our Culture.

Group Structure

Chippa Holdings Group aims to provide a complete corporate services team to all its operating and investment businesses. This corporate services team is a new addition to the Chippa Holdings family and will focus on providing best practice, standardisation, continual improvement and support to every Chippa Holdings employee and client. The areas of focus cover finance, human resources, legal, quality management, information technology, strategic sourcing, and business development.

Directors

The board of Chippa Holdings brings a wealth of experience. Their duties are final oversight and responsibility in respect of the business, making decisions in relation to settling all expenses due by Chippa Holdings Group and declaring dividends.

Siviwe Mpengesi
Executive Director

Empowerment

Chippa Holdings’s mandate is to build a Black-owned and controlled investment holding company by investing in attractive empowerment stakes across industries.

We make a meaningful difference in the lives of ordinary South Africans through our broadbased BEE shareholders. B-BBEE is a framework for redistributing wealth to uplift poor, marginalised and disadvantaged communities with the aim of eradicating the systematic injustices of the past. The result is transformation that affects the political, economic and social aspects of the lives of South Africans.

Our public benefit activities include supporting organisations that focus on health care for vulnerable communities, education and development, women and youth groups, sport, culture, and social upliftment.

At Chippa Holdings, we are creating powerful social change in Africa with our world-class operations and investment strategy.

Click Here to view of BEE Certificate

Governance

Governance: The board establishes structures and processes to fulfill board responsibilities that consider the perspectives of investors, regulators and management, among others. The board selects its members and leader(s) via an inclusive and thoughtful process, aligned with company strategy.

Strategy: The board advises management in the development of strategic priorities and plans that align with the mission of the organization and the best interests of stakeholders, and that have an appropriate short-, mid- and long-range focus. The board also actively monitors management’s execution of approved strategic plans as well as the transparency and adequacy of internal and external communication of strategic plans.

Performance: The board reviews and approves company strategy, annual operating plans and financial plans. It also monitors management execution against established budgets as well as alignment with strategic objectives of the organization.

Integrity: The board sets the ethical tenor for the company, while management adopts and implements policies and procedures designed to promote both legal compliance and appropriate standards of honesty, integrity and ethics throughout the organization.

Talent: The board selects, evaluates and compensates the CEO and oversees the talent programs of the company, particularly those related to executive leadership and potential successors to the CEO. The board communicates executive compensation and succession decisions in a clear manner.

Risk governance: The board understands and appropriately monitors the company’s strategic, operational, financial and compliance risk exposures, and it collaborates with management in setting risk appetite, tolerances and alignment with strategic priorities.

Our Companies