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MCLI Members
Motlekar InvestmentsThe CompanyMF Enterprises (Pty) Ltd (MFE) is a 100% Black Economic Empowerment Company (BEE) investment holding company, incorporated under the laws of South Africa, founded by Mr Faizal Motlekar to seek economic opportunities in the Southern Africa region, as espoused by the South African Government's BEE strategy. This strategy seeks to open up the economy to ensure that Previously Disenfranchised Persons are afforded the opportunity to participate in the mainstream of the economy. MFE makes its investments on a consortium basis in line with the Brood-based Black Economic Empowerment Act of 2003 (Act). These groupings include rural women, disabled people, non-governmental organisations, etc. MFE also makes use of black professionals such as investment bankers, entrepreneurs, corporate financiers who can add value and capacity to target companies. This ensures transformation of target companies at all levels. The company is headquartered in the financial hub of Africa in Florida, Johannesburg. Since our inception MFE has established and invested in associated and subsidiary organisation in several and diversified sectors and disciplines. These include food and beverages, telecommunications, mining, property development and management, fishing, and information technology. These investments are done off balance sheet and through financial institutions both in the private and the public sector. MFE embraces the five pillars of BEE and encourages target companies to adhere to these. They form the cornerstone of the Act and they are essential for the economic transformation of the South African society. These pillars are ownership and control, employment equity, affirmative transformation, enterprise development, and social responsibility. What sets MFE apart from many BEE companies is its insistence on aspects such as operational involvement, ethics, and good corporate governance as espoused on the King 2 Report on Corporate Governance. MFE has built extensive contacts in the public sector through our associated companies, which will prove vital for future transactions. Our VisionTo maintain our commitment to excellence by creating a profitable respected BEE Investment Company in line with the rapidly changing commercial environment in Southern Africa. We will achieve these aims by establishing a solid foundation of trust and integrity for our associated companies, an enjoyable working and challenging work environment for employees; and through total commitment to service, excellence towards our clients and to develop and maintain lasting and mutually beneficial relationships. Mission Statement / Company PhilosophyOur corporate philosophy reflects the spirit of MFE. It describes our culture, i.e. the attitudes and beliefs we maintain in our target companies and the communities where we conduct our affairs. It is the foundation for our policies and our actions. We care about our associates by rewarding them for their accomplishments and encouraging them in the fulfilment of their ambitions. We do so without regard to race, religion, age, creed, national origin or disability. We recognise that individual enterprise is essential to our future success and encourage the development of each of our associates. We are dedicated to making investments for the long-term benefit of our associates and shareholders. It is our policy and the responsibility of every associate to conduct the company’s affairs in accordance with the law and in accordance with correct ethical standards. Our aim is to create an environment that fosters continuous improvement, creativity, productivity and personal satisfaction. We will use common sense, flexibility and initiative to meet these objectives. Our associates will practise teamwork and communicate openly throughout our organisation. Contact Motlekar Investments
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