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38 deals, not one failure! – Bruce Whitfield on black-owned Pape Fund Managers

30 September 2019 11:13 AM
Tags:
Entrepreneurship
Adrian Gore
Discovery
PIC
Ketso Gordhan
Public Investment Corporation
Jabu Mabuza
small business
Judy Dlamini
Michael Jordaan
Jojo
vc
SA SME Fund
venture capital
Pape Fund Managers
pape
Zuko Kubukeli

The Money Show’s Bruce Whitfield interviews Zuko Kubukeli, CEO at Pape Fund Managers.

The SA SME Fund has chosen black-owned private equity manager Pape Fund Managers as one of seven that will manage its R1.4 billion fund to develop small businesses.

Fifty companies and the Public Investment Corporation created the fund earlier this year to invest in venture capital firms experienced in small business development.

The fund is led by CEO Ketso Gordhan.

The board of directors include Discovery CEO Adrian Gore, Eskom’s acting CEO and Chair Jabu Mabuza and Wits Chancellor Judy Dlamini while the investment committee is chaired by tech-entrepreneur Michael Jordaan.

The Money Show’s Bruce Whitfield interviewed Zuko Kubukeli (CEO at Pape Fund Managers) for his "ShapeShifter" feature.

[Pape Fund Managers] aspires to improve the lives of all South Africans through job creation, a broader tax base and sustained economic growth.

SA SME Fund

Pape is based in Johannesburg and Stellenbosch.

Pape Fund Managers famously bought 23% of JoJo rainwater tanks just before the most severe drought on record started in Cape Town.

Listen to the interview in the audio below.

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30 September 2019 11:13 AM
Tags:
Entrepreneurship
Adrian Gore
Discovery
PIC
Ketso Gordhan
Public Investment Corporation
Jabu Mabuza
small business
Judy Dlamini
Michael Jordaan
Jojo
vc
SA SME Fund
venture capital
Pape Fund Managers
pape
Zuko Kubukeli

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