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InnoVent writes R1bn in four years

Thursday, 14 February 2008 00:00 Written by Staff Reporter

JOHANNESBURG-BASED InnoVent Rental and Asset Management Solutions reports that it has seen growth of 100% per year since its inception four years ago, and has now financed almost R1 billion`s worth of assets.

The company, launched by chartered accountants DJ Kumbula and , initially operated in the ICT equipment and office automation space, and has since expanded its asset base to cellular base stations, vehicles, medical equipment, and yellow metal.

Clients include blue chip organisations such as Woolworths, Edcon, Discovery Health, Stanlib and PricewaterhouseCoopers, as well as a number of universities

Tags: Business  Bee