| APL is a founder member of
the African Legend Investments Ltd. (previously known as the
National Empowerment Corporation). African Legend Investment
Limited (ALI) was founded in 1996. ALI started as a broad empowerment
organisation that consisted of, and embraced, individuals and
groups of historically disadvantaged communities within the new
South Africa. The Group was initially formed to participate in
the Johnnic’s empowerment transaction. This is an empowerment
consortium holding shares in Johnnic and other large companies
such as Caltex SA. African Legend comprises of some thirty-three
groupings spread throughout South Africa, providing an enormous
opportunity for nation-wide networking.
ALI offers strong empowerment credentials and strong management
expertise that have been tried and tested through it's involvement
in Johnnic Communications, African Harvest, African Legend
Technologies (ALT) and AXS-One Solutions, a joint venture
with USA based AXS-One, an Information Technology company.
In addition, ALI and its management have been involved in
managing successful business operations over the past decade.
African Legend Energy (ALE) led a BEE consortium in purchasing
25.1% of Caltex South Africa. This transaction opened the
way for ALE management to play a strategic role in the business
of Caltex SA. For more information, please visit www.africanlegend.co.za.
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