The founder of Dumax Paints, Kagiso Nkomo, kind of revealed how much the paint brand is worth.
Dumax Paints is a wholly black owned paint manufacturing company based in Bloemfontein. The company manufactures and distributes premium quality paints, from decorative paint, specialist paints and industrial paints.
10 Interesting Facts You Didn’t Know About Debonairs Pizza
In early January, DStv’s most controversial and divisive channel, Moja Love, broadened its horizons by announcing a new entrepreneurial show led by its CEO, Aubrey Tau.
The show, Aubrey Tau & Mzansi Tycoons, sees Tau talking to successful entrepreneurs about how their journey started, the obstacles they faced, and how they’re using their success to assist others in their communities.
How Ian Fuhr Took Sorbet From An Idea To A Multimillion Rand Franchise
On the first of June, Tau visited Kagiso of Dumax Paints and during a part of the show, he revealed how much the company was worth, checkout the video clip below:
The host asked Kagiso, “when you evaluate your whole company and everything it has, how much do you think its worth??” and he confidently answered, “R100 million.”
The episode aired months ago, Dumax Paints is probably worth more right now.
Get South Africa’s latest entrepreneurial or business success stories delivered right to your inbox — Sign up to Entrepreneur Hub SA’s newsletter today ⬇️⬇️⬇️
