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Tawana Business Projects (R5 Million)

Tawana Business Projects (R5 million)

Tawana Business Projects (Pty) Ltd is involved in the construction of low-cost residential houses. The company has two shareholders, Ms Malebo Magasa (90% interest) and Ms Martha Toloane holding minority interest of 10%.

In 2007, Ms Martha Toloane joined the company as a shareholder and the company’s Financial Director. Since then the company has tendered and completed the following projects, amongst others:

2007 – Paving project for Benoni Dog Unit for the Department of Public Works. The contract value was for R7 million.

2008/2009 – Implementation of infrastructure development of 110 poultry units and 44 hydroponic units for different farmers in Gauteng. The contract value was R9,1 million.

2008/2009 – Building of 50 RDP houses for the developer Fikile Construction (Pty) Ltd at Ivory Park in Tembisa at a sub-contract value of R1,25 million.

2010 – Construction of the Regional Community Centre, Freedom Park, for the Rustenburg Local Municipality. The contract value was R4,6 million.

2011 – Construction of 50 RDP houses for the Rustenburg Local Municipality in Rasimone Village in Rusternburg. The contract value was R3,6 million.

The company supports 27 fulltime jobs.

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