About Us

Who we are

Our history of success.

History

Established in 2000, Amasondo is SA’s top B-BBEE fleet management partner. As a fully standalone entity, with its own asset base, funding lines and management team, Amasondo’s vision is to drive Black Economic Empowerment according to the best industry standards and in a sustainable manner.

EQSTRA Fleet management is a 60% shareholder in the company while the remaining 40% is held by private equity investors.

Amasondo meets all the requirements of the Public Finances Management Act (PFMA) and is certified as a Level 3 B-BBEE supplier. With a successful history of world-class fleet management contracts, Amasondo has its reputation as South Africa’s B-BBEE fleet management partner of choice.



Business Philosophy

In keeping with EFM’s BEE advancement strategy, Amasondo was created to fulfil two mandates:

Firstly, to build an independent entity that can operate in the South African fleet market, managing and enjoying the full returns of the assets under its control without the possibility of dilution seen in other fleet management empowerment initiatives.

Secondly, to provide a platform from which further BEE advancement programmes would be launched. They would initially leverage off EFM’s structures, experience and systems until such time as they are able to operate their own full end-to-end back office operation.

Values

Amasondo subscribes to the following values: