Our Vision is Simple:

To become the market leader in the independent fuel retail sector in South Africa.

TFC opened its first service station in 2016. In a few short years, we have expanded our footprint to a significant presence in the Western Cape, as well as parts of the Northern Cape, Eastern Cape, Limpopo, Gauteng and the North West. We are constantly on the look-out for additional opportunities to grow our network in support of our ambitious strategy. Our strategy is built on providing a full retail fuel service, including convenience stores and quick service restaurants, using a multi-partner approach for supply with a strong focus on building solid partnerships and enduring relationships.

Ownership and Governance Structures

  • Agrimark Operations Ltd – 58.20%
  • Red Navona Properties (Pty) Ltd – 3.88%
  • Bourbon Investment Holdings (Pty) Ltd – 22.25%
  • Lionshare Energy (Pty) Ltd – 12.48%
  • Empowerment and Transformation Investments (Pty) Ltd – 3.19%

TFC is a leading multi-branded fuel and convenience retailer in South Africa with 84 service stations in its network and almost 50% of our retail network alongside national highways. 

Agrimark Operations Ltd is the majority shareholder in TFC. Bourbon Investment Holdings (Pty) Ltd holding has the second largest  shareholding in TFC. Lionshare Energy (Pty) Ltd was one of the first external B-BBEE investors in TFC, currently holding the third largest shareholding in TFC. 

Red Navona Properties (Pty) Ltd and Empowerment and Transformation Investments (Pty) Ltd are amongst the smaller minority B-BBEE shareholders in TFC. The KAL Trust owns 100% shareholding in Empowerment and Transformation Investments (Pty) Ltd.

With the acquisition of PEG Retail Holdings (Pty) Ltd as a subsidiary in July 2022, TFC is well-positioned as a leading black owned fuel retailer with 51% direct black ownership.  Through the acquisition of PEG, TFC has established a diversified retail fuel operations business making it the forerunner in transformation in this downstream retail fuel sector. This positioning is unique in the industry and will unlock new opportunities for sustained growth. 

As part of the KAL Group family, TFC can leverage shared services from within the broader group. KAL Group’s extensive supply chain and logistics infrastructure, human capital, financial and accounting support functions along with the maintenance of instore technologies, ensure that we are well-positioned to keep our customer and business partner needs and expectations top of mind whilst operating with agility.

We are proud of our efforts to empower our employees through the KAL Trust. Employees are supported with access to housing loans as well as education-related grants. Through ownership via the KAL Trust, our employees can benefit from our growth journey.

Our Core Values

Communicate,

Alignment,

Relationship and

Empowering

These values underpin our business philosophy and has been instrumental in helping us to achieve our growth objectives to date.

Strong Leadership

Our Board of Directors, which is led by an independent chairperson, is responsible for the strategic direction and oversight of the company and generously contribute their passion, time and experience to TFC’s governance. The diversity and skills of the Board ensures that TFC is steered to deliver growth to all our stakeholders. Our Board of Directors work closely with our leadership team to ensure we stay on course to deliver our growth strategy.

Dr Ernest Messina
Dr Ernest MessinaChairman
Dr Messina is a businessman and historian. He completed two Masters’ degrees and a DPhil in South African History. Dr Messina serves as the Chairman of the Groot Constantia Trust and is a former CEO of the Small Business Institute (SBI).

Dr Messina is a Director of, inter alia, the Du Toit Group as well as the commercial radio station, Smile 90.4FM. He leverages his breadth of experience in his various roles and regularly engages in inspirational speaking sessions to corporates and events. He is a published author, including the co-author of the internationally acclaimed recipe book, Weskuskos.

Xolisa Bangazi
Xolisa BangaziManaging Director
Xolisa is the Managing Director of TFC Operations. He has a strong background in retail, procurement, marketing, and supply chain management and is passionate about people and business. He studied Purchasing Management at the University of Port Elizabeth and completed a Management Programme with UCT GSB, and a Leadership Programme at the prestigious IMD Business School in Switzerland. Before joining Japan Tobacco International (JTI) as Operations Director, he previously worked for Engen Petroleum as a National Sales Manager and held various other positions within Engen’s Sales and Marketing division.
Sean Walsh
Sean Walsh
Sean Walsh is the Chief Executive Officer of KAL Group. He has extensive experience in operations management and logistics management across different industry sectors.

Prior to his appointment as Managing Director and CEO, Sean held the position of Operational Director, responsible for all trade and product related activities of KAL Group.

Sean started his career in 1990 at SA Breweries – with his final executive position being National Operations Manager. He thereafter held executive positions at Sefalana Holdings Company, Derek Brink Holdings and SBV Services (Pty) Ltd. Before joining KAL Group he held the position of General Manager Operations and Subsidiaries at GWK Ltd. He also currently serves as the Chairman of the agricultural business chamber, AGBIZ.

Vuyokazi Bangazi
Vuyokazi Bangazi
Vuyokazi is a Strategic Integration Specialist with a strong background in people management, servicing, and data analytics. She is a qualified internal auditor, holds a Bachelor of Commerce in Management Accounting degree at UNISA and completed an Advanced Peak Performance Programme at GIBS. She further went on to complete Regulatory Examinations in all categories of FSPs (R1 & R5). She is currently employed at Discovery Health where she has held various management positions within the company.
Isaac (Ike) Chalumbira
Isaac (Ike) Chalumbira
Mr Chalumbira holds a BSc in Industrial Psychology as well as an MBA in Strategy. His corporate career includes senior positions at global multinationals Procter & Gamble and The Coca-Cola Company. In 2005 he started an entrepreneurial venture – Lionshare Holdings (Pty) Ltd – investing in mainly the fuel energy, real estate, hospitality, consumer goods and logistics sectors. He is an active member of and has various leadership roles in the largest global CEO organisation, Young Presidents Organisation (YPO).
Graeme Sim
Graeme Sim
Mr Sim is a chartered accountant (SA) and the Financial Director of KAL Group. He has previously held senior positions at executive and Board level at, inter alia, Brainware Ltd, Sherwood International (Pty) Ltd and Massbuild (Pty) Ltd, mainly within the procurement, logistics and supply chain, as well as the retail environment.
Tasneem Sulaiman-Bray
Tasneem Sulaiman-Bray
Tasneem is the Corporate Affairs Director of Agrimark Operations. An admitted attorney and Fellow of the Institute of Directors, she brings a wealth of experience and meticulous rigour to brand reputation, stakeholder engagement, and ESG matters. Since joining Agrimark in 2017, she has led successful brand transformations and redefined approaches to compliance, B-BBEE, corporate social investment, and sustainability. Prior to Agrimark, Tasneem was General Manager for Corporate Affairs at Engen, overseeing brand strategy, sponsorships, communications, and social investment. She also serves as Deputy Chairperson of the Oprah Winfrey Leadership Academy for Girls.
Tanya Kabalin
Tanya Kabalin
Tanya holds a BCom (Honours) degree from University of the Witwatersrand and is the founder of the niche business and leadership consultancy, Olakira. She is an accomplished and inspiring leader with nearly 30 years’ experience in sales, marketing, strategy, portfolio and supply chain management gained through operational and executive roles in major petrochemical and international companies. She is recognised for her ability to lead in challenging environments, most recently as Managing Director for Shell South Africa. Tanya also serves as an independent non-executive director of KAL Group.

Our Way of Doing Business

The difference we make to our customers, business partners, staff and communities is what drives our behaviour. We strive for all our stakeholders to be better off because of our existence, and we are relentless in our pursuit to ensure that we remain “a place where people still count”.

Ready to Talk?

Customer experience is at the height of our core values.

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