Chalumbira is banking on the Musina Internodal Terminal to boost rail and cross-border trade
Isaac Chalumbira straightens the name badge of one of his employees as we sit down for breakfast at the Reef Hotel in Marshalltown. He is CEO of Lionshare Venture Holdings, an investment company that has helped shape the Joburg CBD through its property development. Since 2003, the group has built more than 1,000 apartments in the city and has now moved into the transport sector. Looking around, Chalumbira says the hotel is the sum total of the work he and his family have put in. The business employs about 400 people. He is still excited and passionate about the CBD and the possibilities for a city he has lived in for more than 20 years, but he is worried the CBD is becoming something of a dormitory district rather than a place where people can work, play and live. "People follow economics, so, yes, if you keep moving businesses out of town and it takes me an hour to get to Waterfall [City in Midrand], what am I going to do? I am going to go to Waterfall, and then we are replicating ...
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