The SA Property Investors Network's (Sapin) 12 category finalists in this year's Investor of the Year Awards have been announced and will present their final pitch to the panel of judges on 18 November at the Marriott Hotel, Melrose Arch.
“We are so pleased to have finally arrived at the main event. The Investor of the Year Awards is an uplifting and forward-thinking property investment awards evening to bring like-minded people together. Ideas are shared, relationships are formed, and enthusiastic entrepreneurs are inspired and rewarded for their efforts,” says Andrew Walker, CEO of Sapin.
The finalists for each category are as follows:
Emma Gibbs - Gibbs works as an estimator in the automotive industry and has invested in property in Johannesburg while living in Durban. She had only viewed the property twice but trusted in her network to get the multi-let done.
Nomakhosi Makolota - Makolota, who grew up in Soweto Pimville, developed a vacant stand with shacks into units with the help of Tuhf’s Umastandi finance. These units are rented out and making a positive cashflow.
Taneal Petersen - The Grade 4 teacher from Bezuidenhout Valley bought a below-market-value property in Kempton Park, Johannesburg, during Covid lockdown while living in Cape Town.
Most Growth Investor
Ben Malapile - Malapile registered his first estate investment firm in 2017 at the age of 21. He has six deals in his portfolio, including student accommodation and rent-to-rent Airbnb deals.
Lerato Peu - Hailing from Polokwane, Peu is focusing on four deals acquired in 12 months. These deals range from small-scale residential developments to multi-lets.
Teren Ramnundlall - Having invested in his first property in 2018, Ramnundlall is a full-time property investor who pitched multi-let deals in various Johannesburg locations.
Investor for Change
Darren Francis - Within 18 months, Francis has flipped six properties with the intention to expand into buy-to-let. His strategy has also focused on creating jobs and sustainable living for his team.
Zamokuhle Ngozo - Ngozo is a practicing doctor and currently stays in Middelburg. He bought and converted a dilapidated building into a centre for healthcare professionals. He is now earning a healthy cashflow while supporting the community.
Ridhwaan Basa - Basa has pitched a rent-to-rent Airbnb deal in Camps Bay, Cape Town, which is generating a healthy positive cashflow.
Big Leagues Investor
Lazola Kubukeli - Kubukeli grew up in the rural former Transkei in the Eastern Cape. Kubukeli has focused on his company CZ Kubs, named after his grandfather. He has a mixed property investment portfolio having purchased a property that had three shops and 15 apartments and converting the property into 46 dwelling units and seven shops.
Mulalo Tshitema - Tshitema is both working as a consultant in geology and building his property investment business. He has a multi-let in Auckland Park that has been in operation since 2018 with 20 fully let rooms. His second deal comprises 94 two-bedroom apartments, with 52 units complete and the remainder to be completed by the end of the year.
Investor of the Year 2021
The judges will select the Investor of the Year from 12 finalists. The main prize for the Investor of the Year is an all-expense-paid trip to Victoria Falls worth R28,000.