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Energy & Mining News South Africa

MPS and Vhaselwa merge to establish Akhani Group

Mine Procurement Solutions (MPS) has announced that it has sold 100% of its controlling shares to Vhaselwa Engineering & Management Consulting (VEM). A new company, the Akhani Group, has been formed.
MPS and Vhaselwa merge to establish Akhani Group

The merger of the two service providers for mining, oil and gas, and energy management corporations creates a comprehensive offering of workforce effectiveness and productivity, and operational performance excellence for the broader energy and resources industries. Akhani serves public, government and private market sectors.

"We look forward to the difference that we can make as a unified team to the African economies in which we work," said Fulu Mphuthi, Akhani Group CEO. Her executive team includes Deon Fuhri (COO) and Ntaoleng Kunene (CIO). While serving existing customer needs, Akhani will focus on entering new markets. With existing operations in South Africa, Mozambique and Tanzania, the company will enter Zimbabwe and Kenya in the next year with a long-term strategy to increase its African and international footprint.

The combined service offering creates opportunities for new business development and local job creation. The company provides a one-stop-shop service and customised solutions cost-effectively. Akhani's most valuable asset is its workforce that includes more than 400 infrastructure design and supply, operational efficiency, energy management, transformation and change management professionals.

Focus is productivity

"Our specialists focus on enhancing productivity for our customers while bringing down operational costs without shedding jobs unnecessarily," Mphuthi added. Existing partnerships in the supply chain, procurement and energy management arena allows Akhani to offer product solutions at reduced rates.

"The way a company treats its people, particularly those who work on remote sites should not be overlooked," she explained. "Akhani fills this critical gap in organisational performance. Today's labour environment in particular holds significant opportunities for growth of a business such as ours.

"This is a directive that we take personally as we pursue value creation through improved business performance and enhanced quality of life for employees. Our merger will benefit the industries we serve while putting us in a position to make a difference for the better where it matters most," concluded Mphuthi.

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