Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Guma owns a 50% share in Sechaba Valuations - a leading South African property and asset valuation company. The remaining 50% is owned by engineering consultants Africon. 10% of the profits are shared amongst staff members.

Sechaba Valuations & Spectrum Valuation Services

  • The company renders a wide range of professional valuation services to the following asset classes:
    • Residential
    • Commercial
    • Industrial
  • Sechaba was born out of an empowerment initiative when ABSA Bank decided to outsource all property evaluation.  In a deal worth over R360m, Guma was chosen by ABSA Bank to partner with Africon.  ABSA remains a key client of Sechaba, however the company has grown substantially and currently services several important clients including Gautrain.
  • Sechaba Valuations provides a broad spectrum of valuation services, encompassing residential, commercial and industrial valuations. The firm's management and employees have an in-depth knowledge of the valuation field and draws on a bottomless well of experience to provide excellent valuation services.
  • The firm draws on over 15 years of asset valuation experience in the South African property market and can presently perform over 400 valuations per day.
  • Through an expansive partner network, Sechaba is able to perform all types of asset valuations, at any particular location in South Africa, within 48 to 72 hours.
  • Guma holds 26%, Management 26% and ABSA 48% in Spectrum Valuation Services (Pty) Ltd, a company focused on valuating commercial and agricultural properties in South Africa.  Spectrum currently handles 100% of the commercial and agricultural valuations for the ABSA Bank Group.

For more information on Sechaba Valuations and Spectrum Valuation Services, please visit the website:  Sechaba Valuations or Spectrum Valuation.

Guma news

2010/04/16
At least one company in the tourism and hospitality sector is "delighted" by the amount of business it is getting from the World Cup.

2010/01/15
Statement drafted by Appeals Panel of the Press Council for Publication by the M&G

2009/08/06
The Mail & Guardian published a bias, unfounded and malicious article against Mr Gumede in October 2008 and Mr Gumede decided to take action against Mail & Guardian, reporting them to the Press Ombudsman.