What we do: Zande Africa is a provider of logistics and merchant services to informal traders and their supply chain operations. In order to assist informal traders Zande Africa provides access to stock, credit options and logistical solutions where they can order from manufacturers at a lower cost and have their goods delivered within 24 hours. The company was established in 2012 and has maintained a rapid growth trajectory.
Ownership & Management: Zande Africa was founded by Siya Ntutela and Mdu Thabethe to provide trade and merchant finance to spaza shops to enable stock purchases. The company has great focus on capital efficiency and operational discipline. The founders are well involved in the management of the company.
Key financial indicators: Zande Africa has an estimated turnover of R17 million with 71 staff which manage the logistics and warehouse operations. The company is set to open a 3rd depot in Orange Farm, south of Johannesburg after growing its operations in Nelspruit and Ermelo. Zande Africa recently raised R10 million from Alphacode to support its expansion throughout South Africa. Audited financials are not available to the public.
Track record: Zande Africa has been delivering a great logistics service to establish a strong track record in South Africa which is reflective of its impressive growth trajectory in logistics and warehousing.
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