The Batho Batsho Bakopane, Insurance Brokers also known as B3 is an authorized Financial Service Provider that was established by inspired black business professionals in June 1991 as a broad insurance brokerage business. The business was started in Ekurhuleni before growing to the other parts of South Africa as a whole. Today B3 has a national footprint and is a well-known and established brand in the insurance and funeral services business.
The business has been operating for almost three decades, and in preparing for the next phase of growth and maturity, B3 has adjusted its management team and its marketing strategies.
After almost three decades on the helm, the founder and chairman of B3, Mr MS Mogafe has retired as the executive chairman and he assumed his new role as a non- executive chairman of the business. In the driving position, B3 has welcomed a new member, Mr. Stanley Mathonzi as the CEO. Mr. Mathonzi is a diplomat and a seasoned academic, with over 20 years of experience in the financial services industry. He joined the group on the 1st of February 2016.
We interviewed with Mr Mathonzi to learn more about his background and get an understanding of where is the B3 brand be headed under his leadership.
B3 is a proud “Sleeve Sponsor” of the top flight PSL team, Bloemfontein Celtic Football Club. The club is based in the Free State province and is affectionately known as “Siwelele Sama Sele”.
As a responsible corporate citizen, B3 invests in the community by funding diverse projects and initiatives that are aimed at developing the community. As a business, we are passionate about sports and music; we believe that they play an important role in improving communities, and it is through these two social instruments that we strive to have a positive impact on society.
The annual B3 Golf Day is organised solely for the benefit of the Kwa-Thema Stimulation Centre, a centre that houses more than 80 children from Springs who have various types of disabilities; we have been in partnership with the Kwa-Thema Stimulation Centre for more than 10 years. Through the partnership, the Kwa-Thema Stimulation Centre has benefited from donations made available in the form of transport provision, building of extra classrooms and financial aid raised from the annual B3 Golf Day. Every year, B3 hosts a Christmas function at the centre and provides food hampers for the children to take with them when they visit their families during the Christmas holidays.