Tel:     021 946 1946
Fax:    021 946 2645
Email: info@ccsaph.co.za
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About Us

City Capital invests in the shares of private companies that have the sole purpose of owning commercial properties.The investors buy shares in the Company, which is a public company, and the Company in turn owns properties, or property companies. City Capital is a separate company and it is owned by the investors. The Company has one billion approved shares.  When a new investor buys shares, new shares are issued to that investor and that investor immediately becomes a joint shareholder in all of the assets of the company. The money from the sale of the shares is used to expand the property portfolio for the benefit of all of the shareholders.

 

Directors

 Marc

 

Marc Conradie - Chief Financial Officer
Qualifications: B.Com(Wits), B.Acc (Wits), CA (SA)
1991 - 1994 - Sable Holdings Ltd - Financial Manager
1995 - 1998 - Altech Electronic Products (Pty) Ltd - Financial Manager
1998 - 2000 - Salcast, a division of Dorbyl Ltd - Financial Manager
2000 - 2008 - Apollo Brick (Pty) Ltd - Financial Director
1986 - Current date - MDC Financial Services- Partner

2009 - Current date - Chief Financial Officer of City Capital

 Steyn 3

Steyn Boshoff - Chief Executive Officer
1991 - 1994 - ABSA
1995 - Prism Consultants - Short term insurance brokerage
1995 - 1998 - Etosha Versekeringsmakelaars
1998 - Current date - Steyn Boshoff & Associates
2009 - Current date - Non-Executive director and Chief Executive Officer of City Capital

 Andrew

 Andrew Herweg - Audit Committee and Social and Ethics Committee Member
Involved in Financial Industry for 27 years
Joined Liberty Life in 1988
Set up an independent brokerage in 1990
Business owner of Aviva, a successful tourism business established in 2002
Owns and manages properties locally and overseas and successfully manages offshore properties for 6 clients.
2009 - Current date - Non-Executive director of City Capital

 Hannes Odendaal

2023 - Current date - Non-Executive director of City Capital

 Elmar Venter

2023 - Current date - Non-Executive director of City Capital

Latest News

2024 Annual General Meeting

2024-09-18

The date for the next Annual General Meeting has been set for 29 October 2024 at the Durbanville Golf Club. Read more ...

 

Share repurchases

2022-09-15

The Company finalised a share repurchase at 100 cents per share in August 2022 and 110 shareholders were each paid R 30 000 for the shares that were offered for sale.  The board has not been able to extend this offer as cash reserves need to be conserved with stubborn vacancy levels in the investment property portfolio.

 

Development progress

2024-10-01

Good progress has been made with the OakHills Estate development in Stellenbosch. Finance has been approved, the board of directors signed off final approval for the development and a Stellenbosch Municipality Inclusionary Housing agreement was signed by the developer on 18 September 2024.

Shareholders will be provided with updated information at the next Annual General Meeting and via this website.  Click on www.oakhills.co.za for details.

 

Dividend announcement

2024-10-01

The board has made an announcement regarding a dividend for the first half of the 2025 financial year. Read more ...

 

 

 

 

 

 

 

 

 

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