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Maponya Mall
Maponya Mall is a shopping centre in Soweto, Pimville, South Africa. The 65,000 square-metre development cost R650m to build and officially opened in September 2007. The mall was owned by South African entrepreneur and property developer Richard Maponya until his death in early January 2020 under The Maponya group in partnership with Investec Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific. Investec is dual-listed on the London S ... and ZenProp property holdings. See also Richard Maponya References External links *Mail and GuardianBBC
Shopping centres in Soweto {{SouthAfrica-stru ...
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Shopping Centre
A shopping center (American English) or shopping centre (Commonwealth English), also called a shopping complex, shopping arcade, shopping plaza or galleria, is a group of shops built together, sometimes under one roof. The first known collections of retailers under one roof are public markets, dating back to ancient times, and Middle Eastern covered markets, bazaars and souqs. In Paris, about 150 covered passages were built between the late 18th century and 1850, and a wealth of shopping arcades were built across Europe in the 19th century. In the United States, the widespread use of the automobile in the 1920s led to the first shopping centers of a few dozen shops that included parking for cars. Starting in 1946, larger, open air centers anchored by department stores were built (sometimes as a collection of adjacent retail properties with different owners), then enclosed shopping malls starting with Victor Gruen's Southdale Center near Minneapolis in 1956. A shopping mall ...
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Soweto
Soweto () is a township of the City of Johannesburg Metropolitan Municipality in Gauteng, South Africa, bordering the city's mining belt in the south. Its name is an English syllabic abbreviation for ''South Western Townships''. Formerly a separate municipality, it is now incorporated in the City of Johannesburg Metropolitan Municipality, and one of the suburbs of Johannesburg. History George Harrison and George Walker are today credited as the men who discovered an outcrop of the Main Reef of gold on the farm Langlaagte in February 1886. The fledgling town of Johannesburg was laid out on a triangular wedge of "uitvalgrond" (area excluded when the farms were surveyed) named Randjeslaagte, situated between the farms Doornfontein to the east, Braamfontein to the west and Turffontein to the south. Within a decade of the discovery of gold in Johannesburg, 100,000 people flocked to this part of the Zuid-Afrikaansche Republiek in search of riches. They were of many races and na ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Shopping Mall
A shopping mall (or simply mall) is a North American term for a large indoor shopping center, usually anchored by department stores. The term "mall" originally meant a pedestrian promenade with shops along it (that is, the term was used to refer to the walkway itself which was merely bordered by such shops), but in the late 1960s, it began to be used as a generic term for the large enclosed shopping centers that were becoming commonplace at the time. In the U.K., such complexes are considered shopping centres (Commonwealth English: shopping centre), though "shopping center" covers many more sizes and types of centers than the North American "mall". Other countries may follow U.S. usage (Philippines, India, U.A.E., etc.) and others (Australia, etc.) follow U.K. usage. In Canadian English, and oftentimes in Australia and New Zealand, 'mall' may be used informally but 'shopping centre' or merely 'centre' will feature in the name of the complex (such as Toronto Eaton Centre). The ter ...
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Richard Maponya
Richard John Pelwana Maponya, GCOB, (24 December 1920 – 6 January 2020) was a South African entrepreneur and property developer best known for building a business empire despite the restrictions of apartheid and his determination to see the Soweto township develop economically. Early career Born in Maponya Hill north of Limpopo, attended his primary school in Spitzkop and went to complete his Matric in Ga- Mamabolo. At the age of 24, during World War II,zwtetetUp from apartheid, Soweto millionaire a role model - AP/ref> he moved to Alexandra township in Johannesburg to take up a teaching post. When he got to Joburg, he met his relative who told him there is a Department Store in Johannesburg CBD that is looking for a well educated black South African. He then took a job as a merchandiser in a department store. After three months into the job, he got promoted as a buyer for the store. He worked closely with his white manager in selecting clothes for black consumers. The clot ...
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Investec
Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific. Investec is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange. It is a constituent of the FTSE 250 index. History Investec was founded as a small leasing and financing company in 1974 in Johannesburg, South Africa, by Larry Nestadt, Errol Grolman and Ian Kantor. It has expanded through growth and acquisitions. It secured a banking licence in 1980 and was first listed on the JSE Securities Exchange in South Africa in 1986, after merging with Metboard, a trust company. In 1988, Investec Bank Limited was restructured into Investec Group Limited ("IGL"), giving Investec Management and staff control of the company. In 1990, Investec acquired property management company I. Kuper & Company (Pty) Limited, Corporate Merchant Bank Limited (formerly Hill Samu ...
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