Introduction
Phakwe Group’s Chairman and CEO, Mr Thabiso Tenyane has managed to leverage his experience and expertise in both the public and private sector to make his group of companies formidable participants in several sectors of business. Since its creation in 2008, Phakwe flourished into a company now worth approximately half a billion rand and has offices around the world starting in South Africa, Mauritius, DRC, Italy and Dubai. Phakwe Group consists of Phakwe Consulting, Phakwe Aviation, Phakwe Telecommunications, Phakwe Investments, Phakwe Power, Phakwe Engineering and Phakwe Petroleum. Currently Phakwe provides a broad spectrum of services to the governments and private clients worldwide. Phakwe Power has a stake in the Metrowind…show more content… His mandate was to integrate the national payroll of government from Bantu stands into a single national system. He carried out this mammoth task so well that he impressed the new German owners, Comparex who had acquired Q-Data in 1999. Tenyane would then be promoted to Equity and Transformation Manager, charged with setting up and developing the Equity and Transformation Strategy for the entire Comparex group. Upon completion the strategy and after completing the Management Advancement Program at Wits Business School in 2000, Thabiso approached and convinced the CEO of Comparex Group there was no better candidate to implement this new strategy that the man who created it, therefore he should become the General Manager. The CEO agreed to the proposition in 2001 and this was when Tenyane decided to return to Wits Business School to complete the Executive Development Program. Two years subsequent to being appointed as the GM he was Comparex’s the best performer when compared to colleagues who were on his level, which resulted in him being promoted to Regional Chief Executive in 2003. As Regional Chief Executive at Comparex (now Business Connexions), Tenyane felt he had crystalized essential skills required to operate large organizations and created a new paradigm for organizational dynamics in his mind that allowed him to view business and the market in a different way. This was when he decided he was ready to resume his journey as an entrepreneur, as he said it and I quote “as Regional Chief Executive I could either wait for the CEO to resign or take charge of my own