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Thavhani Mall

Online since 29.10.2017 • Filed under Professions - Developers • From Issue 22 page(s) 52
Thavhani Mall

Thavhani Mall in Thohoyandou, Limpopo, recently opened its doors to the public. At 50,000m2, this regional mall has considerably broadened the region’s shopping and leisure retail experience with almost 140 stores.

 

Local Thohoyandou businessman Khosi Ramovha, of Thavhani Property Investments, partnered with leading South African shopping centre developers and investors, Flanagan & Gerard Property Development and Investment, and co-owners, JSE-listed retail REIT Vukile Property Fund.

 

The mall’s opening also brings with it substantial and meaningful benefits for its local economy.

 

‘The development of Thavhani Mall has been a long journey and not without its challenges- but it has been a wonderful experience,’ Ramovha notes.

 

At the opening, Khosikhulu Toni Mphephu Ramabulana of the royal VhaVenda people said: ‘If we all choose to work together, a modern society that is characterised by human prosperity is within reach.

 

This is more proof that backwardness and poverty can be defeated. They can always be solved if you prioritise what is important for people and defuse unnecessary tension among those who are privileged to lead.

 

‘I must congratulate the pioneers of this massive development, the owners of the development and the leadership of the Thulamela Municipality on a job well done in conducive environment.’

 

Vhembe Executive Mayor, Councillor Radzilani Florence, highlighted the economic benefits that the mall represents for its community and referred to the high levels of poverty in Limpopo specifically.

 

‘We have no doubt that one woman employed here will save a family of eight and through that we will have dealt with poverty in our area,’ says Florence. Thohoyandou, as the capital of Vhembe, will soon be designated as a city, with the massive new development of Thavhani Mall contributing to this.

 

‘We are also excited, as the district municipality, that very soon our revenue collection is going to improve tremendously,’ Florence adds.

 

Thulamela Mayor, Councillor Avhashoni Tshifhango told the gathering: ‘Thavhani Mall is the hero of the precinct. Thavhani City also includes the Thavhani Office Park, auto city, medical centre and value centre, which together will entrench the scheme. In focusing our efforts on the economy, we have emphasised the role of the private sector in rebuilding our culture.”

 

Dr Sedise Moseneke, Executive Director of Vukile said at the opening celebration that its investment in Thavhani Mall reflects the confidence it has in its partners, the region, its economy, its people and its future.

 

‘Vukile is deeply invested in Limpopo. Besides Thavhani Mall, we own another six shopping centres in the province with a market value of around R600 million.’

 

Thavhani Mall

W www.thavhanimall.co.za

Issue 22

Issue 22

November 2017

This article was featured on page 52 of
To Build Magazine Issue 22.

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