Isipho Capital First 100% Black owned Hino dealer in South Africa

Isipho Capital founders Sipho and Fortunate Mdanda have made history as latest owners The first wholly black-owned Hino showroom in South Africa, According to . This dealership, situated in Pomona, Johannesburg, can be 65% women-owned.

The acquisition of the Hino Pomona dealership marks a major milestone in the South African automotive landscape. Equipped with state-of-the-art facilities, including a comprehensive parts and repair center able to servicing modern trucks and trailers, the dealership sets latest standards in customer support and support.

“At Isipho Capital, we are truly honored and excited to be part of the Hino family and look forward to our dealership being one of the leading representatives of the nationwide network of 67 dealers in Hino, South Africa,” said Fortunate Mdanda.

Anton Falck, vice chairman of Hino SA, echoed this sentiment, emphasizing the importance of the dealer’s location in Gauteng. “Hino Pomona is an important member of our network, located in the fastest growing logistics hub in Gauteng, on the R21, close to OR Tambo International Airport, and in the Ekurhuleni manufacturing hub,” Falck said.

The acquisition is consistent with Isipho Capital’s broader business interests. The company’s diversified portfolio includes 80% of shares in Mr Coach, specializing in ambulances, mobile clinics, hearses, buses and other conversions, in addition to 100% of shares in Kholeka Engineering, known for the production of bodies for trucks, trailers, people transport, water vehicles tankers and more.

This transaction reflects Isipho Capital’s commitment to supporting diversity and inclusion in the business landscape and underscores its strategic vision for growth and expansion across sectors.

Isipho Capital’s entry into uncharted territory with its Hino Pomona dealership paves the best way for future generations of black entrepreneurs in the automotive industry in South Africa. Mdandy are poised to make an enduring impact by setting a brand new standard of success in the country’s business landscape.