Flow Communications is proud to announce its new partnership with Matsamo Global Investment Holdings, which has bought a 30% stake in the business.
Flow’s founding directors, Tara Turkington and TiffanyTurkington-Palmer, say the main reason Bheki Shongwe, chairman of Matsamo, clinched the partnership deal was because his personal and business philosophies were aligned with theirs.
Celebrating the partnership, Turkington-Palmer said: “Despite Bheki’s long and glorious list of accolades and positions, he’s a really nice person. About a year ago, Bheki said to us that he only does business with people that he likes - we are proud that he likes us, and we like him back - we have since adopted his philosophy as one of Flow’s important business philosophies.”
Shongwe has a mile-long list of qualifications and has held positions in blue chip companies such as South African Breweries, Sun International, Shell Oil South Africa, Sanlam and Transnet-Autonet.
Shongwe was also strategic executive director, divisional CEO of Sportand Ster Kinekor in the Primedia Group, and has considerable knowledge of the South African media and communications environment.
Says Turkington-Palmer: “Bheki has had a long career in the services sector, particularly media and logistics. He has been involved in the media industry since 1998, both in executive and non-executive roles.This gave him an edge over the other business suitors.”
Says Shongwe: “I was introduced to Flow when the business did branding work for Matsamo. The quality of the work Flow produced within a short period of time with an amazing sense of client care, planted a ‘love seed’ for the company and its team. Matsamo’s investment approachand philosophy is based on building long-term warm and constructive partnerships with the companies it invests in. I figured that if Matsamo invested in Flow, it would be a partnership made in heaven, as they say.”
“Matsamo” means ‘capacity’ in siSwati, and therefore growing people’s skills capacity and ultimately shareholder value, whilst having fun doing it, is the future strength of the Flow-Matsamo partnership.
Continues Shongwe, “The saying goes, ‘The future belongs to those who work hard, play hard and stay focused on the beauty of their dreams.’ The future is Flow Communications!”