their kikwetu property in deep athi river has better prospects since its on the railway compared to the now dead jamii bora housing which could not have a life of its own in the middle of nowhere.
Both homeafrika and jamii bora are headed by architects, with lee karuri and ingrid munroe, which is a good thing. the rest of the supporting team should be mostly professionals/players in the real estate industry eg valuers, quantity surveyors, engineers,economists etc to give a good balance. the south african real estate players have a good balance hence not short of ideas as seen in the kenyan players whom once the head/lead architects get burn out, there are no more new ideas.
check out the zim reit below and see the management and their unique knowledge that investors can gain from
http://www.masholdings.co.zw/CoProfile.htm
Quote:Senior Management
M Mahari MBA Gdppm Bsc (UZ)
Registered Estate Agent
Associate Chartered Institute of Arbitrators Chief Executive Officer
N Matsangura MSc Acc & Fin Man MBA ACMA ACIS AIOBZ Finance Director / Company Secretary
D Mutemachani MSc MBA BSc MRICS AREIZ Chartered Surveyor Senior Property Manager
W Manjoro ICIOB MAQS ZIQS BSc (Hons) QS Property Development Manager
A Ndlovu ICSA(Z) MSc Acc & Fin Man CIMA (Exams Complete) Accountant
Committees
There are four committees responsible to the Board, all of which are chaired by non-executive directors.
Audit Committee examines the company’s financial statements at half year and year end and approves these for submission to the Board. It also reviews the annual budget. It is responsible for ensuring compliance with International Financial Reporting Standards, the Companies Act and the requirements of the Zimbabwe Stock Exchange. It meets at least twice a year with the Company's external auditors who have unrestricted access to the Audit Committee.
Investment Committee examines all investment opportunities for the company, primarily, but not exclusive to, the property market in terms of land, buildings and development projects. It also recommends capital expenditure.
Insurance Committee reviews the sums insured of all immoveable property, assets and motor vehicles, as well as limits of liability.
Remuneration Committee reviews and recommends staff remuneration and benefits, conditions of service and overall staffing policies.
check out homeafrika think tank.
http://homeafrika.com/about
Quote:Board of Directors
1. Lee Karuri – Chairman (Architect)
Lee Kariuki - Chairman Home Afrika
Mr. Lee Karuri is currently a Director of Dimensions Architects and Interior Designers,which has been a leading architectural firm in East and Central Africa from 1994 to date.
2. Dr. Mbira Gikonyo – Vice Chairman (Medical Doctor)
Mbira GikonyoDr. Mbira Gikonyo, the Vice Chairman of Home Afrika Limited has held this position since the company’s inception. Dr. Mbira is a consultant specialist medical practitioner in Nairobi.
3. Eng. Mbugua Kamau - Treasurer (Engineer)
Mbugua KamauTreasurer of Home Afrika Limited since 2008, Engineer Geoffrey Mbugua Kamau is currently the Executive Director of Pinnacle Limited, a leading provider of Quality Project Management & Finance Procurement & Management Services.
4. Lucie Maina - Secretary (Real Estate Developer )
Lucie MainaCurrently the Executive Director of Home Afrika Limited, Miss Lucie Maina is also one of the Founder members and Executive director of Angel Capital Limited, a mezzanine Finance Company.
5. Dan Awendo - Finance Committee (Finance & Business Development)
Dan AwendoThe Director of Business and Finance since the inception of Home Afrika, Dan Awendo is the Chief Executive Officer of InvesteQ CAPITAL Limited, a company involved in various areas of Business Finance.
6. Jane Adam - (Chair) Home Afrika Foundation.
Expertise: Travel Management & Operations -Tourism & Hospitality Management – Fund Raising – Philanthropy - Organizational Development & Corporate Governance – Organizational Development - Training & Mentoring - Strategic Planning
7. Nyagah Kithinji – Research and Technical Committee Chair (Quantity Surveyor, University Lecturer)
Nyagah KithinjiDirector of Research and Development Mr Nyagah Kithinji is a partner in Costwise Associates, a Quantity Surveying and Project Management Consultancy Firm. He is a lecturer at the University
of Nairobi.
8. Connie Gakonyo
9. Gilbert Kibe – Projects and Investments Committee Chair (Aviation)
Gilbert KibeDirector of Projects and Investments since January 30th 2010, Gilbert Kibe is the Managing Director of Bahati Ridge Development LTD, a property development company.
10. Ken Wathome
11. Mbugua Gecaga– Marketing Committee Chair (Marketer)
Mbugua GecagaMarketing Director since January 30th 2010, Mbugua Gecaga is the Executive Director of Mbambu communications Kenya and Clomia Enterprises (Pty) Zimbabwe.
12. Nazima Malik
Nazima MalikHead of our Legal Committee, Nazima Malik is currently a partner in the firm Kaplan & Stratton Advocates, a premier law firm in Nairobi providing a comprehensive range of legal services and solutions for domestic and international clients.
Njoroge Nganga ~ Group Chief Executive Officer Home Afrika Ltd
Mr. Njoroge who holds a Master of Science Degree in financial management from the University of London is a Chartered Financial Analyst and Certified Public Accountant.
Mr. Ng’ang’a brings to Home Afrika, a wealth of experience in the local and regional corporate arena driving strategic business initiatives spanning more than 20 years.
As Iron Sharpens Iron, So one Man Sharpens Another.