The birth of GEM Group of Companies:
The Gem Group was founded by Lebo Gunguluza - now Group Chairman who recognized the need for business to business media opportunities with special focus on the private sector, and the fact that this market segment was broader and diverse.
He used his experience primarily from SABC, as well as other media and advertising related organisations that he worked for, to launch his first company that sold media space in publishing and corporate events. The company was named Corporate Fusion, a corporate communication and events management company. Within 18 months, this company that was run from a townhouse with a single telephone line was generating over R2 Million. Gunguluza formed another company called GIDE, a youth development and career guidance development company in partnership with his brother who also joined the growing group of companies. A year later the turnover had doubled, and Gunguluza decided to move into proper offices and register Gunguluza Enterprises and Media, known today as the Gem Group, which was established to overlook the new divisions and growing group of companies.
The GEM Group Story:
The Gem Group of companies is a focused, black owned integrated media, communications and hospitality group established in 2002, with its headquarters in Sandton, South Africa. The group has been refocused over the past years as an event management specialist of choice to a diversified media group with added activities in hospitality. The new Gem Group has once again significantly enhanced its performance within its focused areas. In a period marked by major economic changes in advertising spending, we continued to grow at a rapid pace. We saw further consolidation of our key ongoing strategies through leveraging and benchmarking ourselves against the best.
Gem Group has long been on the journey to embrace change, and we have enriched our culture and values a great deal over the past few years. In doing so, we aspire to a flat, non hierarchical structure in which our people are encouraged to take responsibility and accountability for running the business together. We believe our consistent performance success is largely attributable to the contribution that our staff and management give. Read More
He is the Founder and Executive Chairman of the Gem (Gunguluza Enterprises and Media) Group established in 2002, an integrated media and hospitality group with interests in companies that serve in the media, communications, hospitality and IT spheres.
Gem Group which has diversified to various portfolios within the media, leisure and hospitality space which include publishing, television, communication technologies, restaurants, hotels and resort properties. He is also the Chairman and Principal Consultant of the Local Government Business Network (LGBN). Having an interest in Uhuru Communications, has had him oversee the Commercial Direction of Uhuru Publishing, which published Sawubona - SAA's inflight publication, Metro Live - Metro FM's new publication, and currently publishing government related publications such as Municipal Focus, distributed to all municipalities in South Africa, and published Public Sector Manager (PSM) which is distributed to all Government Directors in the country and SEO Review, which is distributed to all State Owned Entities.