GSAfrica gets Mauritian shareholder

The air cargo general sales agent, GSAfrica, has just had 80% of its shareholding acquired by the Mauritian-based travel and transport group, Rogers Aviation. “This,” said GSAfrica MD Anne Sanders, “gives us a huge spectrum to work from. This Mauritian-listed company has offices throughout the Indian Ocean Islands and neighbouring states, and it is also a GSA for various airlines in the area. “They now want to enhance their exposure on the cargo side in SA, and their acquisition of a majority holding in GSAfrica provides that very opportunity.” The Rogers Aviation group has a diverse portfolio of interests, with specialist subsidiaries operating in the aviation, hotels, leisure and logistics sectors. Its primary assets include the financial services specialists, Cim Group, and a property division, both 100% investments. It also holds strategic investments in New Mauritius Hotels, Air Mauritius and South West Tourism Development. “On the air cargo GSA side, Rogers Aviation has a full network of offices in Mauritius and Reunion, Madagascar, Comoros, Mayotte, Mozambique and Kenya – and acts for nine international carriers, including Air France, Airlink, Air Mauritius, Air Seychelles and SAA Cargo. “It also operates ground-handling companies at the main airports in Mauritius and Mozambique.” Sanders sees this link-up having a main benefit of exposing GSAfrica in the Indian Ocean Islands (IOI).