About Us
Prestiga Resources
Prestiga Resources (Pty) Ltd
is a South African limited liability-based Company specialise in Assets Management and Business Development with a diversified and balanced portfolio of local and international assets that delivers sustainable income and long-term value creation to its Stakeholders.
Focused investments are carried out directly or via subsidiaries across a wide range of industries and asset classes, including mining, energy, construction work, direct private equity, real estate, and basic industry startups.
Prestiga Resources (Pty) Ltd maintains close relationships with existing investment structures, funds, and asset managers, and is perpetually devoting efforts to developing its networks to identify appropriate investment opportunities.
Prestiga Resources (Pty) Ltd also maintains a strategic relationship with its Funding Associates, Financial Institutions/Structures and Bankers.
The company is committed to attract promising African Entrepreneurs and Companies to create a culture where talent can grow professionally and personally to make a real and lasting impact on Prestiga Resources (Pty) Ltd and on African societies at large.
Private Investments Section has a successful approach to deploying capital across numerous sectors and geographies, growing the value of its investments, and monetizing them when appropriate.
OVERVIEW OF THE SOLUTION
Prestia Resources (Pty) Ltd
Prestia Resources (Pty) Ltd understands the importance in the role of the Small and Medium Enterprises (SMEs) in the African development process. But access to finance is a key constraint to SMEs growth, it is the second most cited obstacle facing SMEs to grow their businesses in emerging markets and developing countries. They are less likely to be able to obtain bank loans than large firms; instead, they rely on internal funds, or cash from friends and family, to launch and initially run their enterprises.
We believe that SMEs can be established rapidly and put into operation to produce quick returns; and they may well become a countervailing force against economic power of large enterprises. More generally the development of SMEs is seen as accelerating the achievement of wider socio-economic objectives, including poverty alleviation.
In attempting to gain access to financial services SMEs continue to face constraints caused by many factors.
Prestiga Resources (Pty) Ltd has studied and thoroughly analysed the challenges faced by SMEs in access to finance. We have concluded that the major obstacle is Poor Business/Project Proposals, insufficient collateral and lengthy processing period.
Prestiga Resources (Pty) Ltd.’s approach is holistic, combining advisory and investment/funding services to Entrepreneurs and Businesses to increase the contribution that SMEs can make to the economy including underserved segments such as women-owned SMEs.
When the opportunity is great, we partner with Entrepreneurs and/or Enterprises for Business Project Assessment and evaluation, investment/fund processes and support with sufficient and acceptable collateral/guarantee or we bring direct investment/funding.
DEVELOPMENT AND GROWTH
After thorough assessment, planning, preparation for effective staff and network, it was now time for Prestiga Resources (Pty) Ltd to develop and grow.
Prestiga Resources (Pty) Ltd planned well its future growth by identifying opportunities, formation of partnership, and adding value to the company. In our mind, we had our target audience, opportunities, and effective outreach channels to drive success.
It was consequently time to get off the ground and implement our vison and plans. That required start-up capital that we did not have.
Generally, star-up capitals are fund by one or more people who usually want to develop a product or service and bring it to market. Raising money is one of the first things that a startup needs to do.
At that stage, Prestiga Resources (Pty) Ltd became itself the true example of small businesses and Entrepreneurs not getting easily access to funding. We made several loan applications and try to get assistance from family and friends, but to no avail.
Despite the challenges of raising start-up capital, Mr. K. Lucien Bukasa, the Founder of Prestiga Resources (Pty) Ltd, believed in himself and the vision: that was the only potential he had at hand. This is where the magic happened: “After several funding requests and presentations, a Potential Private Investors pledged to give it a try and believed into the vision and project: He became our seed Investor.
We must note that positive thinking is infectious, and it’ll spread to others, inspiring them to believe in themselves.
Our Team
We are confident that we have put a foundation of a future generation asset and investment management Company characterized by high flexibility and in-depth investment acumen to achieve stable and rewarding results for our shareholders and investors for many years to come. And we have a highly dedicated and competent team organize with the following management organisational structure:
Message from the Managing Director for the 2nd Semester of 2024
Managing Director
As we embark on the second trimester of 2024 filled with promises and possibilities, I want to take a moment to reflect on our 2023 and first semester’s journey and share my aspirations for the next twelve months ahead, meaning from July 2024 to June 2025.
2023 and the first semester of 2024 have indeed presented us with unprecedented challenges, but it is our staff and dedicated Advisors ‘commitment that has propelled Prestiga Resources (Pty) Ltd to greater heights. This pivotal period has seen remarkable expansions in our due diligence, projects assessments as well as our business investment funding.
As the influx of ventures increases with a multitude of significant projects secured from medium to big scale copper, gold and nickel mining extraction and transformation in Zambia and gold extraction and refining in Tanzania, it becomes increasingly vital for us to prioritize in depth due diligence, projects assessment, financing, project execution and management.
We must diligently focus on assessing, financing or lobby for financing, executing and managing projects with utmost care and efficiency, while also exploring and implementing innovative work approaches, thereby safeguarding the well-being of all workers, staff and Partners.
Cash-flow management should also be emphasised whereby the adoption of effective financial strategies goes towards ensuring the financial stability and future growth of Prestiga Resources (Pty) Ltd.
Only through the collective effort and support from all management, advisors, consultants, financial Partners and employees can we navigate future obstacles and emerge stronger as a Company in the coming years.
The immense value of our unified network, seamlessly collaborating across geographical boundaries, cannot be overstated. It is this exceptional asset that empowers us to consistently deliver exceptional projects like Kenzam Resources Ltd – Copper Extraction and Transformation Project in Zambia. These accomplishments stand as a true testament to our unwavering expertise and commitment to professionalism.
As we set foot into the second semester of 2024 and soon the year 2025, I am filled with confidence and optimism for what lies ahead. Despite the uncertainties that may persist, we will continue to build our Company efficiently and successfully.
We will undoubtedly cement our status as a new generation Leader in Assets Management and Business Development revolutionising the African Entrepreneurship and its economies. With unity as our driving force, there is no limit to what we can achieve.
Managing Director
Prestiga Resources (Pty) Ltd