The main shareholders in Pioneer Fishing are African Pioneer Marine (Pty) Ltd with 90% shareholding and the Employee Share Ownership Trust (ESOP) with 10%. Pioneer Fishing has joint ventures with APCO Investments (Pty) Ltd in processing activities at Oranjevis on South Africa’s West Coast and the asset holding company, Sea Pride Processors (Pty) Ltd.
Pioneer Fishing’s directors are Alfred da Costa, Stephen Dondolo, Hannes du Preez, Kayalethu Mfono, Henry Ndzwangu and Brendon Wood.
The African Pioneer Group (APG) was established in 1990 by Stephen Dondolo, an established industrialist and entrepreneur. The investment company was built with a focus on the energy, gaming, and food and beverage sectors. Key investments include Coca Cola South Africa, Appletiser and Caltex (fuel stations in the Eastern Cape).
- 100% owned by historically disadvantaged individuals
- Mission centred on entrepreneurship through joint ventures
- Financial resources and market positioning used to improve the quality of life for all through economic improvement and empowerment
We realise the significance of African Pioneer being a newcomer to the responsibility of being a majority controlling shareholder of a major fishing business. We are confident that our experience, broad-based ownership credentials and financial resources position us well to assume this responsibility.Stephen DondoloCEO and founder of APG