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MAHWAYO
VENTURES
CONSTRUCTION
PTY LTD
CONTACT US ON patrickmawhayo@gmail.com
Mobile 0729215889
We are builders of quality, building in
time .registered with the following
organization
CK, VAT, NHBRC, COIDA, BEE.
MAHWAYO
VENTURES PTY LTD
MAHWAYO VENTURES
construction has built an
excellent reputation in
delivering building
construction solution as well
as providing employment
to the previously
disadvantaged group of
individuals which most of
them are women, more
priorities regarding skill
transfers and nobilities are
focused on youth and
previously disadvantaged
women. We believe in
broadening participation of
previously marginalized
entrepreneurs through
mergers and, strategic
partnerships, mentorship
and training.
Mahwayo ventures
construction track record in
delivering project
successfully to client in both
government and private
sector has made Rapid
construction a company of
choice when considering
large or small projects
within the entities field of
expertise.
We are highly proficient in
the building of
industrial,commercial and
residential buildings as well
as low cost houses .the
entity experts in their
relevant fields where they
execute their duties with
enthusiasm and passion for
their domain specialty to
ensure that he client
receive quality service
which he has come to
expect based on the best
practices, this entails far
more than careful subtle
details throughout the
project, report back and
appraisals so that our
shared goals can be
realized.
Construction projects
involve delivering of
building projects within
various sectors, project
management, building
construction, demolitions,
renovations, and road
maintenance and storm
water drainage. ,steel
fixing, concrete slabs and
shuttering, brick work,
plastering, painting ,ceilings
and roofing, tiling and
plumbing.
MAHWAYO VENTURES
COSTRUCTION
MANAGEMENT has not only
contracted with
government but also
subcontracted by south
African big construction
companies e.g. MECSA,
WBHO, GROUP FIVE,BATLET
CONSTRUCTION,SOLIDAIRE
CONSTRUCTION,DRACO
DEMOLITIONS mentioned a
few.
ABOUT US
Rapid construction was
incorporated by its share
holders, the founding share
holders has been working
together since 2004 to
develop opportunities in
the construction market in
south Africa.
OUR CORE STRENGTH
Extensive experience and a
good truck record in
designing and
implementing and finishing
large scale projects that
have had major impact in
our society through
infrastructure development
and UN employment
reduction.
Maintaining the high
standard of ethics in our
business transaction.
On time, honest, and
honest communications
with our staff and stake
holders as well as fair
treatment, incorporating
mutual respect and trust.
Participative management
where management leads
by example teaches,
inspire and encourage
carrier and skill
development.
OUR VALUES
Due to the nature of our
business we have strict
safety policy.
Commitment; the company
is committed to the
principals of corporate
governance and action
listing of JSE.
TRASPARENCY;
transparency with financial
matter, and
communication and
action.
Accountability; conducting
responsible business
dealings including finances,
accountability of our assets,
control and compliance
with laws and regulations.
Integrity;
The need to conduct
business of the company
with integrity and in
accordance with generally
accepted corporate
[practices.
BEE.
THE COMPANY REMAINS
ABOVE 40% and the entity
has level 1 BEE rating we
underwrite the south
African intuitive to establish
pragmatic growth strategy
that aims to realize the
companies full economic
potentials through targeting
inequality.
WHY USE MAHWAYO
VENTEURES CONSTRUCTION
TIMELY PROJECTS; WE meets
deadline in our projects.
Quality management our
projects carries 100% to
perfection, we continue our
experience,expertise,
methodology and passion
to produce the most
complete perfect
competitive projects. For
this we are able to
eliminate unnecessary
delay and expenses
delivering the most costs
effective projects. We invite
or client to raise their
expectation and
experience a new worth
creation. Staying on top of
activities of the company
by knowing your
employees.
Experience highly skilled
personnel professional
service delivery.
BOARD OF DIRECTORS
Executive chairman after
spending several years in
the industry as a quantity
survey and project
manager
Project and site
management professional,
marketing management’s
kills
Corporate
governance
The entity is committed to
the principal of
transparency, integrity and
accountability as
advocated in the king’s
report in supporting the
king’s report. The directors
of Rapid constriction
recognize the need to
conduct the business of the
company with integrity and
in accordance with
generally accepted
corporate practices.
Therefore the entity
subscribes to the principals
of the timeout honest and
objective communication
with its stake holders and
highest standard of ethics in
its conduct of business.
In terms of king111 instead
companies are require to
issue and integrated report
or explain why such report is
not that given Rapid
construction cannot
comply with this
requirement because of
luck of resources to
implement system to
collate and update the
information and the cost
involved to establish group
to issue an integrated
report.
The company compliance
with 75 principal of the
kings’ report is delt with on
group website.
Board composition
of MAHWAYO
VENTURES
Executives’ chairman
The board has delegated
the powers to h executive
chairman with due regard
to fiduciary responsibility on
the one hand and
operational and strategic
efficiency on the other.
Whilist simultaneously,
retaining control over the
company with clean
distinction between
respective responsibilities
are delegated to the
executives’
A balance of authority is
therefore maintained and
no one director is able to
exercise unfettered
decision making powers.
The board has a
comprehensive system of
control in place to ensure
that the risks are mitigated
And the group objectives
are attended further more,
the board together with
senior management,
defines level of materially
reviews, performance,
institutes control measures
and evaluates impacts of
the well being of the group
and its stake holders.
The board functions within
a formal frame work with
the following terms of
reference.
1 a board character which
sets out the responsibility of
the board as a whole as
well as individual directors
.
2 trading policy to regulate
the dealings in securities by
directors, directors of major
subsidies and company
secretary of Rapid
construction.
3 An a nomination policy
detailing procedure for
appointment to the board.
BOARD COMMITTEE
While the board remains
accountable and
responsible for
performance and affairs of
the company, specific
functions and
responsibilities have been
formally, delegated to
committee which operates
within agreed terms of
reference approved by the
board.
The board committee tasks
are described below.
AUDIT AND RISK COMMITTEE
The committee comprises
the three independent non
executive director of the
company designated
adviser in an invites to a
meeting in terms of JSE
listings requirements.
The primary responsibility of
the committee is to
evaluate matters
concerning accounting
policies, internal controls,
auditing, financial
reporting, risk
management, compliance
and reviewing the annual
statement of the group
prior to board approval.
This committee also assists
the board with company
policies, the structure size
and effectiveness of the
board and its committee
and in reviewing the group
governance processes.
It establishes the formal
industrial process and
ensures that training and
development program is in
place for committee
members.
The external auditor attend
the meeting and have un
limited access to the chair
person of the committee,
the committee is
responsible for
recommending the use of
the external auditors for
auditors are appointed
annually based on the
recommendation of the
committee.
REMUNARATION COMMITTEE
The remuneration
committee consists of the
three non executive
directors. The committee is
primarily responsible for
formulating the
remuneration strategy and
policies of the group and
terms and conditions of
employment of executive
directors and senior
executive’s whilst the board
grants final approval their
recommendations.
COMPANY SECRETARY
The company secretary
provides guidance on arms
– length basis to the
director on their duties and
ensures awareness and
registration.
All directors have access to
the advice and services of
the company secretary,
independent professional
advice will be arranged for
the directors by the
company secretary at the
company’s expertise where
it has been requested by
the directors.
The board is satisfied with
the competence and
qualification of the
company’s secretary.
ACCOUNTABILITY AND
AUDIT
The consolidated and
company annual financial
statement contained in the
annual report has been
prepared on the going
concern basis.
The directors have
reviewed company budget
report and cash flow
forecast for the year to 31
august.
AUDITING AND
ACCOUNTING
The board directors is of the
opinion that the auditors
observe the highest level of
business and professional
ethics and that their
independence is not in
anyway impaired, the
auditor has the right to
access all information or
personnel
Within the company on ant
matter necessary to full fill
their duties.
External auditors attended
audit and risk committee
meetings by invitation..
INTERNAL AUDIT.
The companies internal
control are designed to
produce reasonable
assurance to the integrity
and liability of financial
statements and
adequately, safe guard,
verify and maintain
accountability of the assets,
The internal control is
achieved through financial
control operational control,
compliances with the laws
and regulations and risk
management.
The control systems are
designed to provide
reasonable, but not
absolute, assurance against
mission statement of
financial information or less.
RISK MANAGEMENT
Effective risk management
is integral and extreme
important in RAPID
CONSTRUCTION objectives
continually add value to
the business in all areas of
he group operation.
The board and the
management are
responsible for designing,
implementing and
monitoring the process of
risk management,
incorporating it into the
daily activities of the group,
the board determines the
group tolerance for the risk
and its responsibility to
ensure that the group has
effective on going process
that identifies risk factors
across group, measuring
impact and implementing
what is necessary.
SHARE DEALINGS
MAHWAYO VENTURES
construction has a closed
period policy that requires
that the director be
precluded from dealing in
the companies share prior
to the release of the
company’s interim and
annual results.
To ensure that dealings are
not carried out at any time
when others prices sensitive
information may be known.
Directors must all times
obtain permission from the
executive chairman before
dealings in the share of the
company; approved
dealings in the company
shares by directors are
disclosed in the JSE and
published on the stock
exchange news SENS.
All approved dealings are
reported in arrears to the
regular meeting of the
board.
There has been no change
of director’s shareholding
between 31st
august 2012
up to date.
PEOPLE AND VALUES
MAHWAYO VENTURES
CONSTRUCTION GOAL is to
attract and retain, at every
level of the company
people who represent the
highest standards of
excellence and integrity.
The company is dedicated
to diversify; fair treatment/
mutual respect and trust, its
management practice
leadership that teaches
inspire and promote full
participation and effective
communication.
INTRODUCTION
Has built an excellent
reputation in dealing
delivering construction and
building solutions as well as
providing employment to
the previously
disadvantaged groups of
individuals which most of
them are women.
Our track record in
delivering projects
successfully to clients
whether in government
and private sector has
made us, company of
choice, when considering
large or small projects
within our field of expertise.
MAHWAYO VENTURES
construction and
management experts in
their relevant fields where
they execute their duties
with enthusiasm and
passion for their domain
speciality to ensure that
client received a high
quality projects based on
best practices.
Construction projects
involve delivering of
building projects within the
sectors.
Projects management are
regularly undertaken by the
management to ensure the
clients get the services
which they have come to
expect.
BBBEE broad Based Black
Economic Empowerment.
The entity consistently
strives to improve its BEE
ratings. Emphasis is placed
on procurement from small
BEE companies where
possible. The company also
assist new BEE business
through it enterprise
development program
where assistance is given to
suitable start-up
companies.
We have a level one bee
rating and we underwrite
the Botswana initiative to
establish pragmatic growth
strategy that aims to realise
countries full economic
potential through targeting
inequality.
EMPLOYMENT EQUITY
We are committed to
monitoring balanced work
force that reflects the
demographic realities of
South Africa and in line with
government guidelines
prescribed in the regard.
THE SHARE HOLDERS
The entity was incorporated
by its shareholders who
have been working
together from 2005 to
develop opportunities in
the construction industry
market.
The board composition
The board has delegated
the powers to the
executive chairman with
regards to the judiciary
responsibility on one hand
operational, and strategic
efficiency on the other
hand.whilist
simunteonouslly, retaining
control over the company
with the clear distinction
between respective
responsibilities at the board
level and together with
responsibilities are
delegated to the executive
chairman
Corporate Governance
The entity is committed to
the principals of
transparency, integrity and
accountability.
The entity recognise the
need to conduct the
business of the company
with integrity and in
accordance with generally
accepted corporate
practice
Therefore the entity
subscribes to the principals
of honesty and objective
commitment with its stake
holders and highest
standard of ethics in its
conduct of business.
MISSION
Mahwayo ventures
Construction assists every
client that seeks to create
an economically successful
project.
As professionals Rapid
Construction is providing
the needed responsive
service and individual
attention for the benefit of
keeping deadline, budget
and quality levels.
With more than 10 years of
experience mahwayo
ventures Construction
brings a unique and
inspiring blend of
knowledge & skills from
planning and construction
up until the maintenance
stages for the benefit of the
valued client.
Mahwayo Ventures
Construction has within its
team of professionals a
synergy of qualified and
experienced workforce in
all spheres of engagement
in the construction industry.
Our projects are executed
100% to perfection. We
muster together our
experience, expertise
methodology and passion
to produce complete,
perfect, and competitive
projects. For this we are
able to eliminate
unnecessary delays and
expenses, delivering our
projects on the most cost
effective basis.
Cumulatively, the entity
multi-disciplined team is a
synthesis of reputable
experiences in all spheres
of architectural services,
interior design, project
management, marketing,
development economics
and construction
management
documentation.
.
Our core values
Confidentiality
Due to the nature of our
business we have strict
confidentiality policy.
Commitment
The company is committed
to the principals of
construction and corporate
governance and the listing
of JSE.
Transparency
Transparency with financial
matters and
communication and
action.
Accountability
Conducting responsible
business dealings including
financial accountability of
our assets,
Control and compliance
with laws and regulations.
Integrity
The need to conduct the
business of the company
with integrity and in
accordance with generally
accepted corporate
practices.
WHY USE US?
Quality and timely projects
We deliver a quality and
timely project to avoid
lubrication and material
wastage.
Our core strength
Extensive experience and a
good track record in
designing and
implementing large scale
projects that have had a
major impact in society.
Seam less HR process with
committed staff members.
Maintaining high standard
of ethics in our business
transaction.
Timorously, honest and
object communications
with our staff and stake
holders as well as fair
treatment, incorporating
mutual respect and trust.
Participative management
where management leads
by example teaches,
inspire and encourage
career and skill
development.
VISION
Construction has been
around for centuries. It
evolves with each
generation bringing with it
new technologies making
this type of industry easier
and admirable and so easy
to understand and offering
us more reasons for marvel
and admiration.
Mahwayo ventures
Construction was created
to take advantage of the
current and future growth
in the property
development sector in
Africa, especially in the
residential and commercial
market spheres that have
shown substantial vertical
growth in the last few years.
Mahwayo ventures
Construction prides itself in
offering true buyer-builder
partnership that entails
report back and appraisals
of all realisable goals,
It is through adhering to
these standards that
mahwayo ventures
Construction evolved into a
highly acknowledged
entity in reputable
customer service.
Mahwayo ventures
Construction is constantly
aiming to improve its
performance with
innovative ideas or
technologies to the highest
levels of market
expectancy.
Our experienced
employees are trained to
compete in functions and
quality of services.
Mahwayo ventures
Construction is supporting
the BBEE and SMME policies
in industry through ongoing
active stance in uplifting
the standards of the
previously disadvantaged
groups.
Storm water drains at
LUFERENG done by us
Business Activities
MAHWAYO VENTURES
Construction provides
professional expertise in a
variety of trades in the
construction industry:
Demolition-
Heavy industrial
demolition,
Demolition of brick
buildings and houses
Site rehabilitation
Manual demolition
Soft stripping of
valuables buildings
Screening and
crushing
Tree felling
Structural dismantling
Civil Construction-
Civil Works
Excavation of
foundation
Trenching
Earth moving and
land leveling
Road works
Landscaping and
park paving
Rubble removal
Cleaning and house
keeping
Building Construction
Site preparation
Foundation
Retaining walls
Form works and
profiles
Casting ground slabs
Walls build form floor
to the roof level
Doors and windows
built in position
Incorporation of
electrical conduits
Incorporation of
water pipes
Installation of sewer /
electrical connection
Waterproofing done
using sheeting or coating
Roof Works-
Timber rafters fitting
Fitting of
prefabricated roof trusses
Roofing with tiles or
corrugated iron
Chimney installation
Barge board’s
installation
Ceiling installation
Internal works-
Plastering
Floor screed
Ceiling skimming
Cornices
Painting and tiling
Electrical installation
Plumbing installation
External works-
Boundary walls
Gutter and
downpipes installation
Sewage and water
connection
BUILDING MATERIALS
SUPPLIERS
Supply of bricks both face
bricks Stock bricks
Building sand
River sand
Plaster sand
Concrete stones
Cement
Steel fixing
Steel fixing and
shuttering
Rubble removal and
salvage management
CASTING CONCRETE
Demolitions at cosac
building in new town
Johannesburg (2014)
.
Laying steel and
shuttering at four ways
mall
Laying steel on the foundation
at four ways shopping mall the
bounce
Steel fixing at fourways
mall
Loft conversion, in
Melville Johannesburg
Loft Conversion,)
Demolitions four
ways mall
4 ways shopping mall
bounce construction
WE KNOW
CONSTRUCTION
UPPER LEVEL
CONSTRUCTION
OUR STRENGTH IS IN
SAFETY DRIVEN
EMPLOYEES
VIBRATING
Laying a strong foundation
Laying steel for the footing of
storm water drain
Work done before
MAHWAYO VENTURESl
Construction has been
involved in different
projects as consulting
architects and/or project
manager:
Mahwayo ventures
Construction has been
involved in demolition and
construction:
Demolitions at four ways
shopping mall in 2016 for
Mota Engil contact Adrian
venter on 0843762536
Demolitions at 33 Becker
square Rose bank contact
Lucy Draco demolition
Brickwork and plastering at
Rose bank Regent Place with
BARTLET construction contact
Andre Curlie 0824141739
ADVANTAGES TO THE
CUSTOMERS
Competitive Price
Quality Projects
Timely Projects
Full Communication
Business Relationships
PROJECT GUARANTEES
Project guarantees as
required by project owners
will be provided for in the
form of bank guarantee to
the value required based
on the value of project
tasks allocated on a one
calendar month basis.
EMPLOYMENT POLICY
STAFF DEVELOPMENT
The main thrust of our
policy is training and
development as well as
general upliftment of
previously disadvantaged
groups or individuals.
Based on previous
experiences, the Directors
of Upper level demolition
are very conscious of the
involvement of women in
an industry traditionally
associated with the male
gender. We have taken
steps to create female
inclusivity both in our
training and employment
policies in line with
contemporary work ethics.
Mahwayo ventures
Construction has in its
employment 6 full-time staff
and 30 – 40 part-time
employees who are
working on our projects on
month to month bases.
Mahwayo ventures
Construction also
emphasizes on the
development and
empowering of quality
human capital as
company policy priority
area in contributing to uplift
the general manpower
standards of the industry in
South Africa
The overall objective of
mahwayo ventures
Construction is to
increasingly create
permanent skilled
employment in contributing
to the effort against
poverty in the South African
society mostly previous
disadvantaged women
which will be priotized in
the company’s promotion
policy as a support in the
government gender policy
and poverty alleviation
programs.
Patrick Mawhayo is a highly professionally trained builder, project manager,
marketer and promoter which lots of experiences in the construction industry of
Southern Africa.
For a long timeframe, Patrick Mawhayo has been working in different trades in
the construction industry and has created a unique and wide reputation with
private and commercial clients. Because of his exposure to international clients,
he has created a very good understanding of quality and service levels.
Through the different work experiences in different countries Patrick Mawhayo
had the opportunity to learn a number of southern African languages which
made him now an asset in the managing of labor force on construction sites.
PROFESSIONAL ORGANISATIONS
MAHWAYO VENTURES Construction is either an associate or member of the following
organizations:
South African National Accreditation System
NANAS
National Home Builders Regulation Council
NHBRC
Occupational Health & Practitioners
South African Qualifications Authority
SAQA
Construction Education and Training Authority
CETA
Institute of Directors South Africa
IODSA
Master Builders Association
MBA
SAFETY MEMBERSHIP AND REGISTRATION
NOSA – Occupational, Health and Safety
Medical Insurance
Department of Labor - workman compensation
UIF – unemployment insurance fund
Company Details
Company name MAHWAYO VENTURES CONSTRUCTION
Registration 2015/452502/07
Income tax no 9883578164
VAT 4790164794
BBBEE Level 1
Coida 99000103456789
Cidb level 1 se
Accountant Aubat and Grayling
P.O. Box 1088
Parkland
2121

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Mahwayo ventures (2)

  • 1. MAHWAYO VENTURES CONSTRUCTION PTY LTD CONTACT US ON patrickmawhayo@gmail.com Mobile 0729215889 We are builders of quality, building in time .registered with the following organization CK, VAT, NHBRC, COIDA, BEE.
  • 2. MAHWAYO VENTURES PTY LTD MAHWAYO VENTURES construction has built an excellent reputation in delivering building construction solution as well as providing employment to the previously disadvantaged group of individuals which most of them are women, more priorities regarding skill transfers and nobilities are focused on youth and previously disadvantaged women. We believe in broadening participation of previously marginalized entrepreneurs through mergers and, strategic partnerships, mentorship and training. Mahwayo ventures construction track record in delivering project successfully to client in both government and private sector has made Rapid construction a company of choice when considering large or small projects within the entities field of expertise. We are highly proficient in the building of industrial,commercial and residential buildings as well as low cost houses .the entity experts in their relevant fields where they execute their duties with enthusiasm and passion for their domain specialty to ensure that he client receive quality service which he has come to expect based on the best practices, this entails far more than careful subtle details throughout the project, report back and appraisals so that our shared goals can be realized. Construction projects involve delivering of building projects within various sectors, project management, building construction, demolitions, renovations, and road maintenance and storm water drainage. ,steel fixing, concrete slabs and shuttering, brick work, plastering, painting ,ceilings and roofing, tiling and plumbing. MAHWAYO VENTURES COSTRUCTION MANAGEMENT has not only contracted with government but also subcontracted by south African big construction companies e.g. MECSA, WBHO, GROUP FIVE,BATLET CONSTRUCTION,SOLIDAIRE CONSTRUCTION,DRACO
  • 3. DEMOLITIONS mentioned a few. ABOUT US Rapid construction was incorporated by its share holders, the founding share holders has been working together since 2004 to develop opportunities in the construction market in south Africa. OUR CORE STRENGTH Extensive experience and a good truck record in designing and implementing and finishing large scale projects that have had major impact in our society through infrastructure development and UN employment reduction. Maintaining the high standard of ethics in our business transaction. On time, honest, and honest communications with our staff and stake holders as well as fair treatment, incorporating mutual respect and trust. Participative management where management leads by example teaches, inspire and encourage carrier and skill development. OUR VALUES Due to the nature of our business we have strict safety policy. Commitment; the company is committed to the principals of corporate governance and action listing of JSE. TRASPARENCY; transparency with financial matter, and communication and action. Accountability; conducting responsible business dealings including finances, accountability of our assets, control and compliance with laws and regulations. Integrity; The need to conduct business of the company with integrity and in accordance with generally accepted corporate [practices. BEE. THE COMPANY REMAINS ABOVE 40% and the entity has level 1 BEE rating we underwrite the south African intuitive to establish pragmatic growth strategy that aims to realize the companies full economic potentials through targeting inequality.
  • 4. WHY USE MAHWAYO VENTEURES CONSTRUCTION TIMELY PROJECTS; WE meets deadline in our projects. Quality management our projects carries 100% to perfection, we continue our experience,expertise, methodology and passion to produce the most complete perfect competitive projects. For this we are able to eliminate unnecessary delay and expenses delivering the most costs effective projects. We invite or client to raise their expectation and experience a new worth creation. Staying on top of activities of the company by knowing your employees. Experience highly skilled personnel professional service delivery. BOARD OF DIRECTORS Executive chairman after spending several years in the industry as a quantity survey and project manager Project and site management professional, marketing management’s kills Corporate governance The entity is committed to the principal of transparency, integrity and accountability as advocated in the king’s report in supporting the king’s report. The directors of Rapid constriction recognize the need to conduct the business of the company with integrity and in accordance with generally accepted corporate practices. Therefore the entity subscribes to the principals of the timeout honest and objective communication with its stake holders and highest standard of ethics in its conduct of business. In terms of king111 instead companies are require to issue and integrated report or explain why such report is not that given Rapid construction cannot comply with this requirement because of luck of resources to implement system to collate and update the information and the cost involved to establish group
  • 5. to issue an integrated report. The company compliance with 75 principal of the kings’ report is delt with on group website. Board composition of MAHWAYO VENTURES Executives’ chairman The board has delegated the powers to h executive chairman with due regard to fiduciary responsibility on the one hand and operational and strategic efficiency on the other. Whilist simultaneously, retaining control over the company with clean distinction between respective responsibilities are delegated to the executives’ A balance of authority is therefore maintained and no one director is able to exercise unfettered decision making powers. The board has a comprehensive system of control in place to ensure that the risks are mitigated And the group objectives are attended further more, the board together with senior management, defines level of materially reviews, performance, institutes control measures and evaluates impacts of the well being of the group and its stake holders. The board functions within a formal frame work with the following terms of reference. 1 a board character which sets out the responsibility of the board as a whole as well as individual directors . 2 trading policy to regulate the dealings in securities by directors, directors of major subsidies and company secretary of Rapid construction. 3 An a nomination policy detailing procedure for appointment to the board. BOARD COMMITTEE While the board remains accountable and responsible for performance and affairs of the company, specific functions and responsibilities have been formally, delegated to committee which operates within agreed terms of reference approved by the board.
  • 6. The board committee tasks are described below. AUDIT AND RISK COMMITTEE The committee comprises the three independent non executive director of the company designated adviser in an invites to a meeting in terms of JSE listings requirements. The primary responsibility of the committee is to evaluate matters concerning accounting policies, internal controls, auditing, financial reporting, risk management, compliance and reviewing the annual statement of the group prior to board approval. This committee also assists the board with company policies, the structure size and effectiveness of the board and its committee and in reviewing the group governance processes. It establishes the formal industrial process and ensures that training and development program is in place for committee members. The external auditor attend the meeting and have un limited access to the chair person of the committee, the committee is responsible for recommending the use of the external auditors for auditors are appointed annually based on the recommendation of the committee. REMUNARATION COMMITTEE The remuneration committee consists of the three non executive directors. The committee is primarily responsible for formulating the remuneration strategy and policies of the group and terms and conditions of employment of executive directors and senior executive’s whilst the board grants final approval their recommendations. COMPANY SECRETARY The company secretary provides guidance on arms – length basis to the director on their duties and ensures awareness and registration. All directors have access to the advice and services of the company secretary, independent professional advice will be arranged for the directors by the company secretary at the company’s expertise where
  • 7. it has been requested by the directors. The board is satisfied with the competence and qualification of the company’s secretary. ACCOUNTABILITY AND AUDIT The consolidated and company annual financial statement contained in the annual report has been prepared on the going concern basis. The directors have reviewed company budget report and cash flow forecast for the year to 31 august. AUDITING AND ACCOUNTING The board directors is of the opinion that the auditors observe the highest level of business and professional ethics and that their independence is not in anyway impaired, the auditor has the right to access all information or personnel Within the company on ant matter necessary to full fill their duties. External auditors attended audit and risk committee meetings by invitation.. INTERNAL AUDIT. The companies internal control are designed to produce reasonable assurance to the integrity and liability of financial statements and adequately, safe guard, verify and maintain accountability of the assets, The internal control is achieved through financial control operational control, compliances with the laws and regulations and risk management. The control systems are designed to provide reasonable, but not absolute, assurance against mission statement of financial information or less. RISK MANAGEMENT Effective risk management is integral and extreme important in RAPID CONSTRUCTION objectives continually add value to the business in all areas of he group operation. The board and the management are responsible for designing, implementing and monitoring the process of risk management, incorporating it into the daily activities of the group,
  • 8. the board determines the group tolerance for the risk and its responsibility to ensure that the group has effective on going process that identifies risk factors across group, measuring impact and implementing what is necessary. SHARE DEALINGS MAHWAYO VENTURES construction has a closed period policy that requires that the director be precluded from dealing in the companies share prior to the release of the company’s interim and annual results. To ensure that dealings are not carried out at any time when others prices sensitive information may be known. Directors must all times obtain permission from the executive chairman before dealings in the share of the company; approved dealings in the company shares by directors are disclosed in the JSE and published on the stock exchange news SENS. All approved dealings are reported in arrears to the regular meeting of the board. There has been no change of director’s shareholding between 31st august 2012 up to date. PEOPLE AND VALUES MAHWAYO VENTURES CONSTRUCTION GOAL is to attract and retain, at every level of the company people who represent the highest standards of excellence and integrity. The company is dedicated to diversify; fair treatment/ mutual respect and trust, its management practice leadership that teaches inspire and promote full participation and effective communication. INTRODUCTION Has built an excellent reputation in dealing delivering construction and building solutions as well as providing employment to the previously disadvantaged groups of individuals which most of them are women. Our track record in delivering projects successfully to clients whether in government and private sector has made us, company of choice, when considering large or small projects within our field of expertise.
  • 9. MAHWAYO VENTURES construction and management experts in their relevant fields where they execute their duties with enthusiasm and passion for their domain speciality to ensure that client received a high quality projects based on best practices. Construction projects involve delivering of building projects within the sectors. Projects management are regularly undertaken by the management to ensure the clients get the services which they have come to expect. BBBEE broad Based Black Economic Empowerment. The entity consistently strives to improve its BEE ratings. Emphasis is placed on procurement from small BEE companies where possible. The company also assist new BEE business through it enterprise development program where assistance is given to suitable start-up companies. We have a level one bee rating and we underwrite the Botswana initiative to establish pragmatic growth strategy that aims to realise countries full economic potential through targeting inequality. EMPLOYMENT EQUITY We are committed to monitoring balanced work force that reflects the demographic realities of South Africa and in line with government guidelines prescribed in the regard. THE SHARE HOLDERS The entity was incorporated by its shareholders who have been working together from 2005 to develop opportunities in the construction industry market. The board composition The board has delegated the powers to the executive chairman with regards to the judiciary responsibility on one hand operational, and strategic efficiency on the other hand.whilist simunteonouslly, retaining control over the company with the clear distinction between respective responsibilities at the board level and together with
  • 10. responsibilities are delegated to the executive chairman Corporate Governance The entity is committed to the principals of transparency, integrity and accountability. The entity recognise the need to conduct the business of the company with integrity and in accordance with generally accepted corporate practice Therefore the entity subscribes to the principals of honesty and objective commitment with its stake holders and highest standard of ethics in its conduct of business. MISSION Mahwayo ventures Construction assists every client that seeks to create an economically successful project. As professionals Rapid Construction is providing the needed responsive service and individual attention for the benefit of keeping deadline, budget and quality levels. With more than 10 years of experience mahwayo ventures Construction brings a unique and inspiring blend of knowledge & skills from planning and construction up until the maintenance stages for the benefit of the valued client. Mahwayo Ventures Construction has within its team of professionals a synergy of qualified and experienced workforce in all spheres of engagement in the construction industry. Our projects are executed 100% to perfection. We muster together our experience, expertise methodology and passion to produce complete, perfect, and competitive projects. For this we are able to eliminate unnecessary delays and expenses, delivering our projects on the most cost effective basis. Cumulatively, the entity multi-disciplined team is a synthesis of reputable experiences in all spheres of architectural services, interior design, project management, marketing,
  • 11. development economics and construction management documentation. . Our core values Confidentiality Due to the nature of our business we have strict confidentiality policy. Commitment The company is committed to the principals of construction and corporate governance and the listing of JSE. Transparency Transparency with financial matters and communication and action. Accountability Conducting responsible business dealings including financial accountability of our assets, Control and compliance with laws and regulations. Integrity The need to conduct the business of the company with integrity and in accordance with generally accepted corporate practices. WHY USE US? Quality and timely projects We deliver a quality and timely project to avoid lubrication and material wastage. Our core strength
  • 12. Extensive experience and a good track record in designing and implementing large scale projects that have had a major impact in society. Seam less HR process with committed staff members. Maintaining high standard of ethics in our business transaction. Timorously, honest and object communications with our staff and stake holders as well as fair treatment, incorporating mutual respect and trust. Participative management where management leads by example teaches, inspire and encourage career and skill development. VISION Construction has been around for centuries. It evolves with each generation bringing with it new technologies making this type of industry easier and admirable and so easy to understand and offering us more reasons for marvel and admiration. Mahwayo ventures Construction was created to take advantage of the current and future growth in the property development sector in Africa, especially in the residential and commercial market spheres that have shown substantial vertical growth in the last few years. Mahwayo ventures Construction prides itself in offering true buyer-builder partnership that entails report back and appraisals of all realisable goals, It is through adhering to these standards that mahwayo ventures Construction evolved into a highly acknowledged entity in reputable customer service. Mahwayo ventures Construction is constantly aiming to improve its performance with innovative ideas or technologies to the highest levels of market expectancy. Our experienced employees are trained to compete in functions and quality of services. Mahwayo ventures Construction is supporting the BBEE and SMME policies in industry through ongoing active stance in uplifting the standards of the previously disadvantaged groups.
  • 13. Storm water drains at LUFERENG done by us Business Activities MAHWAYO VENTURES Construction provides professional expertise in a variety of trades in the construction industry: Demolition- Heavy industrial demolition, Demolition of brick buildings and houses Site rehabilitation Manual demolition Soft stripping of valuables buildings Screening and crushing Tree felling Structural dismantling Civil Construction- Civil Works Excavation of foundation Trenching Earth moving and land leveling Road works Landscaping and park paving Rubble removal Cleaning and house keeping Building Construction Site preparation Foundation Retaining walls Form works and profiles Casting ground slabs Walls build form floor to the roof level Doors and windows built in position Incorporation of electrical conduits Incorporation of water pipes Installation of sewer / electrical connection Waterproofing done using sheeting or coating Roof Works- Timber rafters fitting Fitting of prefabricated roof trusses
  • 14. Roofing with tiles or corrugated iron Chimney installation Barge board’s installation Ceiling installation Internal works- Plastering Floor screed Ceiling skimming Cornices Painting and tiling Electrical installation Plumbing installation External works- Boundary walls Gutter and downpipes installation Sewage and water connection BUILDING MATERIALS SUPPLIERS Supply of bricks both face bricks Stock bricks Building sand River sand Plaster sand Concrete stones Cement Steel fixing Steel fixing and shuttering Rubble removal and salvage management CASTING CONCRETE
  • 15. Demolitions at cosac building in new town Johannesburg (2014) . Laying steel and shuttering at four ways mall Laying steel on the foundation at four ways shopping mall the bounce Steel fixing at fourways mall
  • 16. Loft conversion, in Melville Johannesburg Loft Conversion,) Demolitions four ways mall 4 ways shopping mall bounce construction WE KNOW CONSTRUCTION UPPER LEVEL CONSTRUCTION OUR STRENGTH IS IN SAFETY DRIVEN EMPLOYEES
  • 17. VIBRATING Laying a strong foundation Laying steel for the footing of storm water drain
  • 18. Work done before MAHWAYO VENTURESl Construction has been involved in different projects as consulting architects and/or project manager: Mahwayo ventures Construction has been involved in demolition and construction: Demolitions at four ways shopping mall in 2016 for Mota Engil contact Adrian venter on 0843762536 Demolitions at 33 Becker square Rose bank contact Lucy Draco demolition Brickwork and plastering at Rose bank Regent Place with BARTLET construction contact Andre Curlie 0824141739 ADVANTAGES TO THE CUSTOMERS Competitive Price Quality Projects Timely Projects Full Communication Business Relationships PROJECT GUARANTEES Project guarantees as required by project owners will be provided for in the form of bank guarantee to the value required based on the value of project tasks allocated on a one calendar month basis. EMPLOYMENT POLICY STAFF DEVELOPMENT The main thrust of our policy is training and development as well as general upliftment of previously disadvantaged groups or individuals. Based on previous experiences, the Directors of Upper level demolition are very conscious of the involvement of women in an industry traditionally associated with the male gender. We have taken steps to create female inclusivity both in our training and employment policies in line with contemporary work ethics. Mahwayo ventures Construction has in its employment 6 full-time staff and 30 – 40 part-time employees who are
  • 19. working on our projects on month to month bases. Mahwayo ventures Construction also emphasizes on the development and empowering of quality human capital as company policy priority area in contributing to uplift the general manpower standards of the industry in South Africa The overall objective of mahwayo ventures Construction is to increasingly create permanent skilled employment in contributing to the effort against poverty in the South African society mostly previous disadvantaged women which will be priotized in the company’s promotion policy as a support in the government gender policy and poverty alleviation programs.
  • 20. Patrick Mawhayo is a highly professionally trained builder, project manager, marketer and promoter which lots of experiences in the construction industry of Southern Africa. For a long timeframe, Patrick Mawhayo has been working in different trades in the construction industry and has created a unique and wide reputation with private and commercial clients. Because of his exposure to international clients, he has created a very good understanding of quality and service levels. Through the different work experiences in different countries Patrick Mawhayo had the opportunity to learn a number of southern African languages which made him now an asset in the managing of labor force on construction sites. PROFESSIONAL ORGANISATIONS MAHWAYO VENTURES Construction is either an associate or member of the following organizations: South African National Accreditation System NANAS National Home Builders Regulation Council NHBRC Occupational Health & Practitioners South African Qualifications Authority SAQA Construction Education and Training Authority CETA Institute of Directors South Africa IODSA Master Builders Association MBA SAFETY MEMBERSHIP AND REGISTRATION
  • 21. NOSA – Occupational, Health and Safety Medical Insurance Department of Labor - workman compensation UIF – unemployment insurance fund Company Details Company name MAHWAYO VENTURES CONSTRUCTION Registration 2015/452502/07 Income tax no 9883578164 VAT 4790164794 BBBEE Level 1 Coida 99000103456789 Cidb level 1 se Accountant Aubat and Grayling P.O. Box 1088 Parkland 2121