African Phoenix Investments. JSE: AXLP

african phoenix investments shares

Background of African Phoenix Investments

  • African Phoenix Investments Limited is a holding company that is listed on the Johannesburg Stock Exchange (JSE). The company generates income through its 100% owned subsidiary, Standard General Insurance Company Ltd (Stangen).

  • African Phoenix Investments’ main drive is to create and sustain long term value for its investors and shareholders. The company aims to sustain this type of growth through increasing their net asset value, before distributing the wealth back to their shareholders.

  • The company is primarily run by black South Africans who have a proven track record in the business and investment theaters. Phoenix plans to increase their equity interests through expanding into various businesses in the future. Currently, the company owns two subsidiaries, other than Stangen, namely Ellerine Holdings Limited, currently in business rescue and Residual Debt Services Limited, currently under curatorship.

African Phoenix Investments Shares Growth Driver

  • In 1998 the group acquired African Bank and in 1999 they renamed African Bank to African Bank Investments Ltd (ABIL). Soon after acquiring ABIL the group acquired Ellerine Holdings Ltd. Both the African Bank and Ellerine Holdings were placed under business rescue, leaving the company in a tight spot. After the successful implementation of a new business plan for African Bank, the company could carry on with operations.

  • In 2016 Enos Banda was appointed as ABIL’s CEO, which brought new hope to the company. Enos Banda has a good track record in investment banking and chairs Gaborone based financial services company, Letshego Holdings. The team appointed around Mr Banda were capable people, knowing their way around the world of investment.

  • Shortly after Enos Banda was appointed as CEO, the company continued trading on the JSE under the current name. African Bank Limited was no longer a subsidiary of the company, which’s only income, came from the investment company, Stangen.

African Phoenix Investments Group Investor Tip

  • The group name is very apt, because just like the mythological phoenix, it seems that the company is slowly rising up out of the proverbial ashes of business rescue. Stangen is going strong, issuing life insurance, accident plans and funeral plans. As Stangen keeps on growing, so does African Phoenix.

  • Sector

    Equity Issuer

  • Industry


  • Sub industry

    Life & Funeral Cover

How to buy African Phoenix Investments Group Shares

  • African Phoenix Investments : How to buy African Phoenix Investments Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy African Phoenix Investments shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in African Phoenix Investments and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase African Phoenix Investments Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in African Phoenix Investments Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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