More Related Content
What's hot (17)
Similar to COMPANY PROFILE RICH REWARDS TRADING 2015 (20)
COMPANY PROFILE RICH REWARDS TRADING 2015
- 2. COMPANY INFORMATION EXECUTIVE SUMMARY VISION AND MISSION STATEMENT COMPANY OVERVIEW CORE BUSINESS OWNERSHIP STRUCTURE OPERATIONAL STRUCTURE MANAGEMENT PLAN MARKETING PHILOSOPHY FINANACIAL PLAN CURRENT AND COMPLETED PROJECTS RECENTLY ACCQUIRED SKILLS QUALITY STRENGTHS, WEAKNESSES AND PROSPECTS COMPETITION AND PARTNERSHIPS SAFETY, HEALTH AND SOCIAL RESPONSIBILITIES CIDB INFORMATION DOCUMENT
- 3. REGISTERED NAME RICH REWARDS TRADING 276 (PTY) LTD REGISTRATION NUMBER 2007 / 000517 / 07 PHYSICAL ADDRESS - 6930 ETHANDUKUKHANYA PIET RETIEF 2380 MPUMALANGA - 26 OPSTAL RD TERENURE KEMPTON PARK 1619 GAUTENG - A 440 ENGWELEZANE EMPANGENI KWAZULU NATAL POSTAL ADDRESS P.O. BOX 1569 PIET RETIEF 2380 TELEPHONE 011 393 1123 FACSIMILE 086 275 4496 CONTACT PERSON BONGANI HENRY NXUMALO CELLPHONE 083 973 6583 EMAIL admin@richrewardstrading.co.za bongzaelec@yahoo.com CIDB GRADING 1 EB PE, 1 CE PE, 1 GB PE, 1 EP PE, 1 ME PE ECA REG NO NTL4021/E UIF REG NO 2249244/3 BBBEE STATUS LEVEL 1
- 4. VAT NO 4960267443 INCOME TAX NO 9019532176 ACCOUNTING OFFICER MWELASE ACCOUNTANTS MUNICIPALITY NO 1707152023 EKURHULENI MKHONO 0000789691 RICH REWARDS TRADING 276 (PTY) LTD vision for the future is primarily a contracting and supplying enterprise in Civil, Electrical, Mechanical, Engineering, Building, Construction, Security, Cleaning Services, Stationery and Pest Control. Our vision is to be a leading and dynamic Company that will empower mainly black youth in South Africa to attain sustainable socio-economic status and improved quality of life. To grow, expand and create more sustainable jobs for the communities. To contribute by developing and capacitating our local government funded community development projects. To be a leading and dynamic enterprise that support and develops a vibrant and thrilling community projects. To see the projects in the rural areas rise and enter the market with confidence. RICH REWARDS TRADING 276 (PTY) LTD has put together a team of experienced professionals to take the company to a higher level. The company has geared itself for new ventures in construction, building and civil services.
- 5. OUR VISION To be counted among the best contracting service provider in order to utilize local authorities, municipalities, building services; thereby maintaining and enhancing our leadership role in increasing our penetration and market share. TO ACHIEVE THIS STATUS IMPLIES THAT: We must not only satisfy our stakeholders. We must also delight them through uncompromised quality, service delivery on time, within budget and to high engineering standards; conduct our business in an ethical and professional manner at all time; Attract and retain the technical management skills we need by creating a working environment where the best can bloom; Adopt a safe and environmentally friendly working culture; build sustainable relationship with our stakeholder; Ensure sustainable growth and profitability; and play an active business and social role in assisting the government in meeting its millennium development goals or targets aimed at addressing socio-economic imbalances. Despite the turbulent labour markets in the engineering field, the commitment by key personnel with a network of qualified technicians puts the company in good stead. The measured growth strategy adopted by the company means that undue risks will not be taken whilst the company builds its capital and capacity. The risks and reward methodologies being put in place will ensure sustainability of profit, cash flow and a strong balance sheet in the years to come. The ambition is to build a successful business that positively contributes to the development of the economy in particular; thus also fits the vision of local municipalities government parastals and private companies in general by providing an excellent construction services at world class standards and competitive prices. RICH REWARDS TRADING 276 (PTY) LTD have adopted a mission statement not only to capture the direction define by our stakeholders, but also to energize and focus our management and employees on how to fulfil our role efficiently and effectively in order to capture that unique role. We believe the following mission statement to be one which best captures our guiding principle: A world-class construction services that meets the needs of our valued customers.
- 6. The fundamental cultural and ethical standards which are implicit in the mission statement include; Teamwork (We), Commitment (Committed), Efficiency and Excellence (World-class). RICH REWARDS TRADING 276 (PTY) LTD, which is a 100% BBBEE Owned and Managed, was founded by Mr. Bongani Henry Nxumalo in 2007 as a private company with interest in Civil, Electrical, Mechanical, Engineering, Building, Construction, Security, Cleaning Services, Stationery and Pest Control and similar business. The founders vision was the establishment of a majority owned black business in order to fulfil BBBEE empowerment objectives nationally and specifically in the regions that the company operates from. Operations have been primarily based in Mpumalanga, Kwa Zulu Natal and Gauteng since the company become fully operational in 2007. From it humble beginning; RICH REWARDS TRADING 276 (PTY) LTD has established a business model that will take it into the future. The founder, Bongani Nxumalo, has established considerable business network to negotiate and tender for contracts nationally. CIVIL WORKS:
- 7. All Civil works (Water supply, Storm water Channelling, Sewerage and Drainage, Roads and Bridge construction etc). Road markings ELECTRICAL WORKS Electrical construction and commissioning; Service test repairs HT Breakers On site Transformer Purification; Underground cable fault location, Repairs, Jointing and Termination; Service connection and cuts offs; Maintenance and installation of high mast lighting; Streets lighting; Rural electrification; Building Services electrical reticulation and wiring; Substation and distribution Line construction; Switchgear and Cabling Installation; Installation & Termination of high Voltage Underground Cables; Electrical Repair and maintenance service; Bush clearing; Design and draughting of electrical networks; Traffic Light Installation and Maintenance; All general electric work. GENERAL BUILDING
- 8. All general building works, School, Hotel, Houses and roof thatching. Maintenance and renovation All Plumbing works Cleaning services Steel work structures and welding All Fencing The enterprise is currently 100% black owned with all the shares in the hands of the sole member. The shareholding is as follows. ID NUMBER NAME SURNAME HDI GENDER % OWNED BY BLACK INDIVIDUAL 721102 6209 086 BONGANI HENRY NXUMALO YES MALE 100%
- 9. BONGANI HENRY NXUMALO: MANAGING DIRECTOR Mr Bongani H. Nxumalo holds a Diploma in Project Management Programme with the Nelson Mandela Metropolitan University, is a Qualified Technician in Electrical, Electronics work, Cable jointing courses, installation electrician also done ORHVS and various leadership trainings and program courses. MANAGING DIRECTOR BONGANI H. NXUMALO PROJECT MANAGER ACCOUNTANT, FINANCE, HR DEPARTMENT BUILDING SERVICES ELECTRIFIATION SUBSTATION CONSTRUCTION LIVE LINE MAINTENANCE
- 10. ELECTRIFICATION PROJECTS MINOR WORKS MINOR WORKS SI IN FILLS WORKS MANAGING DIRECTOR BONGANI H. NXUMALO CHIEF EXECUTIVE OFFICER FINANCE AND HR DIRECTOR ELECTRICAL AND CIVIL
- 11. ACCOUNTS MANAGER PAYROLLL HR SHRQ OPERATIONS MANAGER PROJECT MANAGER, ELECTRICAL CIVIL Our work is acquired through open tenders and negotiated work. We are in the process of upgrading our CIDB Registrations based on recently completed and awarded projects. Our target client market is the public sector, quasi Government and private sector. We believe a measured approach will enhance our image and reputation in the short term. Our targets contracts are medium to bigger size. With the current boom in infrastructure spending by the public, energy and resources sectors, we believe that competition in on chosen business is manageable. We believe competition to be healthy and that the same competitors offer us opportunities for subcontractors and joint ventures. We have established relationship with other companies in both Electrical Construction and Civil works.
- 12. We are conscientious of the fact that, as an emerging enterprise, RICH REWARDS TRADING 276 (PTY) LTD has a low-medium capital base. We have adopted a conservative growth strategy in our strategy in our risk and reward management philosophy. Our strategy is to build up capital and in turn take incremental risk. Financial modelling will be used in each area of activity in budgets, cash flows, long term plans, and managing actual performance. On the whole financial prudence is of paramount importance to the success of our enterprise. CONTRACT JOB COMPANY CONTACT PERSON CONTACT NUMBER CONTRACT WORTH YEAR START YEAR END Emergency water and sanitation services Zululand Umkhandlu Wesifunda District Municipality Mr Zweli Dladla 035 874 5629 R10 000 000,00 Dec 2012 Dec 2015 Signal Cables Maintanance Transnet Freight Rail Nqobile Madlala 034 989 9389 R 923 000,00 Electrical Maintenance Services CEF Kwanele Mtembu 010 201 4700 R4 108 850.00 Apr 2015 Mar 2018
- 13. Our principal objective in quality management is to comply with the regulatory environment. We will be guided by: Professional Engineering standards and ethics; National Bargaining Council for Electrical Industry of South Africa; CIDB Grading; Electrical Contracting Boarding; Engineering and Construction (NEC) requirements; BBBEE codes of good standing; Technical Audits.
- 14. Under the prevailing Industry conditions, we have identified the competition as an opportunity rather than a business risk. Strategies have been adapted to partner with companies of similar size and more that will offer increased capabilities in joint ventures and supply of plant where mutual value can be achieved. RICH REWARDS TRADING 276 (PTY) LTD has adopted a zero tolerance to non- adherence to safety. The companys approach to safety requires an absolute adherence to standards at all times and an intolerance of unsafe acts or conditions. Training, enforcement and audits will provide assurance that risks are kept to a minimum at the work place. Our business will be conducted with due regard to maintaining or restoring where necessary any negative impact our operations will have on the environment. Adherence to legislation will be enforced.