Expansion Pembani Group acquires a controlling stake in Zenex Oil (Pty) Ltd.

Afric Oil Is Launched Pembani launches Afric Oil, with Bheki Shongwe at the helm.  Then Gauteng Premier, Tokyo Sexwale opens the first Afric Oil service station in Weltervreden Park.

Founding Worldwide African Investment Holding (later renamed Pembani), is founded by Phuthuma Nhleko, Professor Wiseman Nkuhlu, Khaya Ngqula and the now-late Max Maisela.