Hamza Farooqui

Founder & CEO at Millat Group

Panellist

Hamza Farooqui is a committed South African entrepreneur holding a commanding presence across multiple sectors including fuel, convenience, real estate, technology, hospitality, tourism, and global financial services. As the founding CEO of the Millat Group, he has consistently steered negotiations with global business giants to successful conclusions.

Farooqui has not only earned the trust of the Canadian multinational Alimentation Couche-Tard, the force behind Circle K, but also bridged a strategic alliance with Swiss based Trafigura, allowing him to play in the downstream fuel and gas space through the Puma Energy brand. He envisions lighting up the South African convenience map with 300 Circle K stores within the next three years.

His resilience shone through the COVID crisis when he brought American hotel giant Hyatt to South Africa, opening the Hyatt Regency in Cape Town at the pandemic’s peak. Following this, two more Hyatt properties sprouted in Johannesburg, with a fourth one set to open in 2024.

With an ambitious target of controlling two thousand keys in South Africa by 2024, Farooqui is not one to rest on his laurels. His innovative thinking has led to a partnership with Uber Eats, making Millat the pioneer hotel group to launch dark kitchens in South Africa.

Informed by diverse cultures and a powerful sense of community, he embodies a service-oriented ethos. Farooqui travels the world widely, has extensive business interests in the GCC and the sub-continent, and through an extensive network has high-level access to global companies and their leaders. He also draws inspiration from the cultural diversity in these regions and his parental roots of Pakistan.

Farooqui previously served as MD for satellite radio company WorldSpace in Africa, where he spearheaded capital raising efforts that culminated in a triumphant NASDAQ IPO.

Farooqui ventured into hospitality and tourism launching his first global hotel brand with Coral Hotels in 2009. He paved the way for the Hilton brand in South Africa, introducing Hilton to Cape Town in 2011, and opening Conrad Pezula in 2012 – a first on African soil for the prestigious brand. Farooqui remains committed to his vision of seeing South Africa emerge as an economic powerhouse on the global stage.

For Farooqui, his journey has never been solely about achieving personal milestones or acquiring wealth. He is driven by the ethos of servitude, a principle that permeates all his ventures and partnerships.