Falconmere (Pty) Ltd. (“FalconMere”) is a joint venture company between NMT Capital (Pty) Ltd. (NMT), which is registered in the Republic of South Africa and Capital Energy Resources Limited (CER), a company registered in the United Kingdom.
NMT (www.nmtcapital.co.za) is an investment company with a diversified portfolio of assets in Property & Construction, Information Technology, Healthcare, Financial Services and Energy & Resources. The company was formed in 2002 by Sango Ntsaluba, Thabiso Tlelai and Peter Moyo – each of them in their own right business professionals with a long track record of business success. Old Mutual Life Assurance Company (South Africa) took a 20% equity stake in 2004 and is the only institutional investor in NMT.
CER (www.capitalenergyresources.co.uk) is a global energy company. CER’s shareholders have a long and successful history of supplying and trading crude oil, refined petroleum products, natural gas condensates, fuel blending components, biofuels and petrochemicals internationally –and specifically to, from and within South Africa.
As of end June 2016, NMT has in effect acquired the 51% shareholding in FalconMere of Tsakani Mhlanga who was one of the founding shareholders and a board member of FalconMere.
Through the significant global, regional and local experience of its founders, FalconMere has an extensive network of trusted and experienced partners and associates that have worked across multiple resource sectors, in different parts of the energy value chain, and in multiple countries around the world which it is capable of leveraging to sustainably create and manage value adding businesses.
FalconMere aspires to grow the business through collaboration with its partners and associates in specifically created Joint Venture companies or through Co-operation Agreements.