Enterprising Zamani looks back at 20 years of business success with pride 25 May 2021 - 18:41 Image: Akani Retirement Fund Administrators
As his flagship business this year celebrates 20 years, entrepreneur Zamani Letjane has expressed happiness about the milestones his enterprise has managed to achieve as the country s first black-owned retirement fund.
However, the founder and MD of Akani Retirement Fund Administrators laments the fact black people have failed to start a commercial bank.
Akani Retirement Fund Administrator s total assets under administration are worth R28bn. Clients include the Municipal Workers Pension Fund and the Chmenical Industries National Pension Fund. One of the subsidiaries, Akani Properties manages and develops a number of shopping centres in Mpumalanga, North West, Northern Cape and Gauteng on behalf of the pension fund clients.