Maximise Shareholder Value

The Rewardsco Group manages a thriving ecosystem of businesses that cultivates innovation and explosive growth in the areas of outsourced sales and distribution, mobile telecommunications, financial services and broadband products.

Our brands work in synergy to provide comprehensive services on behalf of clients, from first customer contact to after-sales support. We have nurtured our brands strategically to become industry leaders through a finger-on-the-pulse approach backed by expert knowledge and world-class infrastructure.

Our Brands

Rewardsco Sales offers outsourced sales and distribution services to local and international blue-chip clients in the financial services, broadband and mobile telecommunication sectors in addition to serving as the sales and distribution arm of the Group’s companies.

Mondo Connect operates primarily in the telecommunication, broadband and financial services sectors, leveraging our robust sales channels and expertise to generate and monetise high volumes of leads for the Rewardsco Group and its strategic partners and clients.

Jika Connect aims to empower South Africa through digital telecommunication and high-speed broadband products and services sourced from the major South African networks with complete end-to-end management of our customer base.

Vuka Money aims to empower South Africans to achieve financial freedom by offering a wide and comprehensive selection of value-added finance, insurance and legal assistance products from South Africa’s leading service providers.

Our Focus

Rewardsco Investments develops and unlocks shareholder value in the Group companies through:

  • Defining and implementing the Group strategy to organically grow core businesses.
  • Acquisitions and private equity investments that leverage Group competencies.
  • Joint ventures.
  • Strategic partnerships.

Rewardsco Investments is structured to invest in strategic innovation to build longer-term, sustainable shareholder value.

Our History

  • The Rewardsco Group was founded in July 1996.
  • The founding company, Rewardsco Investments, was established as an outsource provider of rewards programme services and proprietor of its investment portfolio.
  • In 2008, Rewardsco Investments increased its investment in strategic innovation to diversify revenue streams, generate recurring income and mitigate operating risks.
  • The Group’s considerable investment in human and financial capital has laid the foundations for exponential growth in South Africa and international markets.
  • In 2020, Rewardsco Investments partnered with Khula Capital, a private equity fund that provides financial assistance to black-owned businesses – helping to grow, innovate and create a brighter future for South Africans.

Our Team

MICHAEL STEENFELDT-KRISTENSEN

MICHAEL STEENFELDT-KRISTENSEN

Executive Chairman

Michael founded Rewardsco Group in July 1996 and has served as the Executive Chairman since its formation. Michael has driven the development of Rewardsco Group from a start-up company to the entrepreneurial and formidable business that it is today. Previously, Michael served in the banking industry where he headed up the Asia Region for the National Australia Bank/Bank of New Zealand Group. Prior to this, Michael served as Group Treasurer for the Barclays/First National Bank Group in South Africa where he steered the group to a dominant position in the financial markets.

SVEN STEENFELDT-KRISTENSEN

SVEN STEENFELDT-KRISTENSEN

Managing Director

Sven joined Rewardsco Group as an Executive Director in April 2005. Sven plays an instrumental role in defining the Group’s strategic direction to unlock value for all stakeholders. He currently serves as the Managing Director of Rewardsco Investments and sits on the Group Investment Committee. Sven has a background in investments, technology and business development, having prior to this obtained a Bachelor of Commerce degree in New Zealand.

MOHAMMED GAFOOR

MOHAMMED GAFOOR

Group Financial Director

Mohammed joined Rewardsco in 2017 and serves as the Group Financial Director. He plays a key role in strategic Group initiatives and heads up the overall financial functions of the Group. Mohammed serves on the Group Investment Committee and drives the Group’s financial strategy with his diverse expertise in business analysis, corporate finance, investments and auditing. Mohammed has worked at companies including Allan Gray and Deloitte. He has an Honours Degree in Accounting from the University of KwaZulu-Natal and is a qualified Chartered Accountant (South Africa).

TREVOR KOEN

TREVOR KOEN

Non-executive Director

Trevor co-founded the Rewardsco Group in 1996 and is instrumental in its ongoing strategic development. He leads Rewardsco Sales, the Group’s Sales and Distribution business, in addition to serving on the Group Investment Committee. Trevor has an entrepreneurial background, having previously owned and managed a chain of retail stores and an importing/distribution business.

DYLAN KOEN

DYLAN KOEN

Group Commercial Director

Dylan joined Rewardsco in 1999 and was appointed to the role of Executive Director in 2010. He currently serves as the Group Commercial Director with a focus on innovation, business growth and diversification into new markets. Dylan has studied at Wits Business School obtaining both a MAP and MBA.

Maximising Shareholder Value

Rewardsco Investments builds shareholder value by investing Group resources in the high-growth areas of outsourced sales and distribution, mobile telecommunications, financial services and broadband products.

Our Business

FUNCTIONAL STRUCTURE

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SHAREHOLDER STRUCTURE

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Recruitment

Rewardsco Group is fully committed to investing in strategic innovation while maintaining uncompromisingly high corporate standards. The Group is constantly seeking professional and talented individuals that are focused on developing a rewarding career, primarily in the fields of outsourced sales and distribution, mobile telecommunications, financial services and broadband products.

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How can we help you?

Get in touch with us.

2 Ncondo Place
Umhlanga Ridge
Umhlanga, 4319
+27 (31) 533 3000
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Rewardsco