He is the founder and group chief executive of Ralenkoane Holdings, a 100% black-owned diversified investment holding company with subsidiaries in construction and property management and occupational health and safety medical solutions. After six years of avoiding the spotlight while building a mini empire employing 400 people, Ralenkoane says it’s time to say: “I did it.
An anomaly in several ways, he is a successful construction mogul who is orphaned, black and gay in a country where being any of those things can be a hurdle for any ambition beyond the average. The family was dealt another blow later in life when he lost his mother just after high school, leaving him as the last hope for his siblings’ survival.
Aspects of his early family life are very relatable for many South Africans who had to grow up too soon because of socioeconomic circumstances. “For the longest time, it’s been about making other people happy, but I am at that point where I am going to make myself happy before making others happy.”“The first four years is when a business is always on the verge of collapse in an industry where most of the income relies on government projects and the department of human settlements in a country where if you are not well connected politically, you’re not going to get certain contracts.
Ralenkoane has seen various “glass ceilings” hampering the growth of young ambitious startups like himself.
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