type: reference
domain: mixed
auto_compiled: false
source_migrated_from: CoWork/context/companies.md
migrated_date: 2026-04-18
Companies — Master Entity List
FlySafair Group
| Name |
Abbreviation |
Description |
Relationship |
| FlySafair / Safair Operations |
FlySafair / Safair |
South African low-cost airline |
Elmar is CEO |
| ASL Aviation Holdings |
ASL |
Main shareholder in Safair; also provides leased aircraft |
Owned by Star Capital; Safair's controlling shareholder |
Personal Entities (Elmar's Group)
| Name |
Abbreviation |
Description |
Relationship |
| ENC Family Trust |
ENCFT |
Elmar's family trust (IT455/2009) |
Top-level entity; owns 100% of Werda Investments |
| Werda Investments (Pty) Ltd |
Werda Investments |
Investment holding company (Reg: 2019/500949/07) |
Owns 76.92% of Werda Ops; owns 100% of Yellow Nickel |
| Werda Operations (Pty) Ltd |
Werda Ops / Werda Operations |
Operating/investment company (Reg: 2019/500961/07) |
Holds restructured investment portfolios post-S42 swap |
| Yellow Nickel (Pty) Ltd |
YellowNickel |
Company owned by Werda Investments (Reg: 2021/163431/07) |
Nicolette is director |
| IEG Trust (Independent Empowerment Guarantee Trust) |
IEG Trust / IEGT |
Trust entity in B4i deal structure (IT2988/2010) |
Elmar and Pieter lent money to IEGT |
| Pacific Padel Limited |
Pacific Padel |
NZ padel court business |
Investment held by Werda Operations (514 shares) |
Deal Parties (Project Heron / FlySafair ownership deal)
| Name |
Abbreviation |
Description |
Relationship |
| Star Capital Partners |
Star / Star Capital |
Private equity; shareholder and selling party in FlySafair deal |
Owns ASL |
| Harith General Partners |
Harith |
African infrastructure investment firm |
Buyer of Safair / Project Heron deal |
| B4i Group of Companies |
B4i / B4I |
BEE consortium; includes Aviation Academy |
B4i involvement in FlySafair deal |
| B4i Aviation Academy |
Aviation Academy / AA |
Training entity under B4i |
Part of B4i group |
| Rothschild & Co |
Rothschild |
Investment bank |
Advisor on Project Heron deal |
Law Firms & Advisors
| Name |
Abbreviation |
Description |
Relationship |
| Cliffe Dekker Hofmeyr |
CDH |
Law firm — tax advisory and exchange control |
Elmar's primary legal/tax advisors |
| ENS Africa / ENSafrica |
ENS |
Law firm |
Project Heron deal counsel |
| Grant Thornton |
— |
Accounting/advisory firm |
Involved in deal/entity work |
| KPMG |
— |
Accounting/advisory firm |
Involved in deal/entity work |
| Flemingtons |
— |
Accounting/advisory firm |
Involved in deal/entity work |
Investment Platforms & Fund Managers
| Name |
Abbreviation |
Description |
Relationship |
| Ninety One |
— |
Investment platform hosting PSG Creator and Preserver FoFs |
Holds PSG-branded funds (not PSG directly) |
| PSG Wealth |
PSG |
Wealth manager / securities platform |
Elmar's managed portfolio (Account 1810308) |
| Peregrine Capital |
Peregrine |
Hedge fund manager |
Peregrine High Growth & Pure Hedge funds |
| Investec |
— |
Private bank and investment services |
EXCON approvals; Yellow Nickel bank account |
| Easy Equities |
EE |
Online retail investment platform |
Transfer forms in financial statements |
| Glacier |
— |
Investment platform |
Referenced in financial records |
Airlines & Competitors
| Name |
Abbreviation |
Description |
Relationship |
| South African Airways |
SAA / FlySAA |
National carrier |
Competitor (domestic + international) |
| Airlink |
LNK |
Regional airline |
Competitor (domestic routes) |
| LIFT |
GBB |
Low-cost airline |
Competitor |
| CemAir |
KEM |
Regional/charter airline |
Competitor (tracked in FlightAware data) |
Vendors & Partners
| Name |
Abbreviation |
Description |
Relationship |
| Radixx / RadixxGo |
Radixx |
Airline reservation and DCS system |
FlySafair's booking/check-in system |
| TRAX |
— |
Maintenance MRO system |
FlySafair's maintenance tracking system |
| Sage X3 |
X3 |
Financial ERP system |
FlySafair's financial system |
| Praelexis |
— |
ML consultants |
FlySafair analytics work |
| YKnot |
— |
IT company; developed FlyMore loyalty/ancillary product |
Elmar & Pieter have a JV with YKnot Fly on Auction and NFTs |
| FlightAware |
— |
Aviation data / schedule intelligence |
Competitor capacity tracking (SQL Server DB at 10.10.10.24) |
| CAPA |
— |
Centre for Aviation — data provider |
Competitor capacity data (weekly seats by airline) |
| ASB Bank Limited |
ASB |
New Zealand bank |
Pacific Padel's bank account |
Regulatory Bodies
| Name |
Abbreviation |
Description |
| South African Civil Aviation Authority |
SACAA |
Aviation regulator — issues AOC |
| Airports Company South Africa |
ACSA |
Airport operator — all major SA airports |
| Air Traffic and Navigation Services |
ATNS |
Air traffic control |
| Board of Airline Representatives of South Africa |
BARSA |
Industry body |
| Airlines Association of Southern Africa |
AASA |
Industry association |
| South African Revenue Service |
SARS |
Tax authority |
| South African Reserve Bank |
SARB / Reserwebank |
Central bank; EXCON approvals |