Bonisile Makubalo

Bonisile Makubalo — Snapshot, Highlights and Citation

Recognition Citation

Bonisile Makubalo is recognized in the AssetFin100 Africa 2026 for his leadership of FleetAfrica, an established provider of fleet leasing and outsourced fleet management services. In the year to June 2025, the business delivered a solid performance despite limited public-sector tender activity, improved operating efficiency and placed greater emphasis on expanding its corporate customer base. Its leasing and fleet services continued to support government, parastatal and private-sector fleets across Southern Africa.

Profile Snapshot

Position: Chief Executive Officer
Company: FleetAfrica
Country: South Africa
Sector: Fleet Leasing and Fleet Management
Asset Focus: Passenger vehicles, commercial vehicles, emergency vehicles, specialised fleets and public-sector fleets
Assessment: January 2025 – June 2026

2025–2026 Highlights

          FY2025 Performance
          Solid Result
          Super Group reported a solid FleetAfrica performance despite limited public-sector tender activity.
        

          Operating Focus
          Cost Optimization
          Operational efficiency measures supported performance during a difficult tender environment.
        

          Growth Priority
          Corporate Fleets
          FleetAfrica increased its focus on expanding the private-sector and corporate customer base.
        

          Core Product
          Full Maintenance Lease
          FleetAfrica retains vehicle ownership, maintenance responsibility and residual-value risk under its full maintenance lease model.
        

          Flexible Finance
          Sale and Leaseback
          The product allows clients to release capital from existing fleets while continuing to use the vehicles.
        

          Rental Fleet
          500+ Vehicles
          FleetAfrica markets a short- and long-term rental pool of more than 500 passenger and light commercial vehicles.
        