Cash Converters Southern Africa

RetailGauteng, South Africa201-500 Employees

Cash Converters Southern Africa is a mid-sized retail network based in Kempton Park, Gauteng, South Africa, operating under the global Cash Converters brand. The company was co-founded in 1994 by Richard Mukheibir and Peter Forshaw after acquiring the master franchise license for the Australian brand, and it expanded to offer short-term loans in 2007.

The business buys merchandise from customers to provide immediate cash and operates through a franchise model guided by values such as professionalism and collaboration, with each store employing around a dozen people and supporting additional households. It forms part of the Cash Converters International network, a worldwide group with hundreds of stores across markets including Australia, the United Kingdom, Singapore, New Zealand, the UAE, and France. In Southern Africa, the network numbered more than 85 stores as of January 2018, processing over 2.2 million transactions annually, and the company has been recognized as a finalist for the Franchise Association of South Africa Franchisor of the Year Awards in 2014–2016.

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