Founded in 2002, HR Matters (HRM) Holdings (Pty) Ltd has grown into a diversified investment company with its headquarters in Durban. Over the past two decades, the company has pursued a clear vision: to develop, acquire and nurture businesses with strong potential for long-term growth. Today, HRM Holdings is recognised as a dynamic enterprise that invests strategically across a range of industries, guided by values of integrity, sustainability and empowerment.

A Values-Driven Approach
At the heart of HRM Holdings lies a commitment to responsible and purposeful business. Integrity
underpins every decision, with transparency and ethical conduct considered non-negotiable. Innovation
is another cornerstone, ensuring that the group is constantly embracing forward-thinking solutions and
adapting to new technologies.

Sustainability remains a priority, with a focus on investing in companies that contribute positively to society and the environment. Excellence drives performance across all operations, while empowerment reflects the company’s dedication to inclusive growth, unlocking opportunities within its businesses and communities.

Strategic Investment Focus
HRM Holdings’ portfolio is built on a strategy of diversification. The company invests in sectors that are
both resilient and scalable, with particular strength in:
ƒ Personal Services such as executive search, management and leadership consulting.
ƒ Supply chain solutions, notably warehousing and distribution.
ƒ Transportation, including long-haul heavy cargo trucking.
ƒ Serviced accommodation, with a growing footprint in township economies.
ƒ Freight forwarding and clearing, facilitating imports and exports.

This breadth allows HRM Holdings to balance risk while capitalising on opportunities for expansion
across complementary industries.

Portfolio Companies
From its origins as a human resources consultancy, HRM Holdings has evolved into a group that manages several thriving businesses:

HR Matters (Pty) Ltd
Founded in 2002, HR Matters (Pty) Ltd is a strategic human resources leadership consulting firm
specialising in talent acquisition, strategy development, employee commitment, and general HR administration.This expertise has provided the foundation for all HRM Holdings’ business ventures.

HR Matters Properties (Pty) Ltd
Established in 2007, HR Matters Properties (Pty) Ltd began by acquiring properties to support the HR
Matters business. Over time, the company expanded into the warehousing and distribution sector, including the storage and distribution of graphite electrodes for South African furnace operators.

The company developed a 5,600m² warehouse with 2,000m² under roof, divided into:
ƒ Unit A (1,500m²): available to let
ƒ Unit B (500m²): owner-occupied

The remaining space is a hard stand with a dock leveller, enabling efficient container stuffing and destuffing – a much-needed service in the surrounding precinct.

HRMP Logistics (Pty) Ltd
Founded in 2020, HRMP Logistics (Pty) Ltd provides long-haul heavy cargo transportation, primarily
between the ports of Durban and Richards Bay, as well as to inland destinations. HRMP’s fleet comprises tautliners and flat deck super links, enabling the transportation of heavy cargo across South Africa. With a dock leveller at its premises at Dube TradePort, the company facilitates efficient transshipment of cargo. This includes destuffing containers for break bulk transportation to final destinations, as well as receiving break bulk cargo and stuffing containers for export shipments to overseas destinations.
HRMP Logistics operates from Unit B of the HR Matters Properties warehouse.

B&B Hotel Esikhaleni
Launched in April 2025, B&B Hotel Esikhaleni is located in the founder’s hometown of Esikhawini,
near Richards Bay. The development supports the City of uMhlathuze’s drive to stimulate the township
economy.

The facility offers 17 rooms and an administration block that includes a kitchen, storeroom/pantry,
dining room, reception area, ablution facilities, and two staff rooms. Designed with sustainability in mind,
the B&B Hotel incorporates eco-friendly systems to minimise its environmental footprint and promote
energy self-sufficiency.

Leadership with Purpose
The growth of HRM Holdings has been steered by an experienced and passionate leadership team.
ƒ Musa Makhunga, founding managing director, has a background in human resources across
mining, manufacturing, retail and banking.

His entrepreneurial spirit, long nurtured but once delayed by corporate commitments, has been the
driving force behind the group’s expansion.

ƒ Nozipho Makhunga, director and talent acquisition specialist, who provides much needed
directorship guidance with most of the businesses in the portfolio

ƒ Tumo Mokoena focuses on operations, bringing practical knowledge from his years in manufacturing.
ƒ Thabisile Mjaji, a finance professional, oversees warehousing and distribution management,
ensuring efficiency and financial discipline.

ƒ Khethile Kunene manages the B&B Hotel Esikhaleni, drawing on extensive customer service experience gained in South Africa’s luxury retail sector.

Together, the leadership team combines industry expertise with a shared vision for growth and
empowerment.

A Vision for the Future
HRM Holdings continues to seek out businesses with strong fundamentals, scalable models and forwardlooking leadership. With a diversified portfolio and a foundation rooted in values, the company is well positioned for sustained growth in the years ahead.

By investing in people, infrastructure and communities, HRM Holdings has established itself as more than an investment company. It is a catalyst for development, building businesses that not only deliver economic returns but also contribute positively to society.