Company Directors

The Directors of Africost are the backbone of the business and their strength of leadership, passion for the industry, and vision to inspire staff, partners and clients to achieve their best and deliver services on time, within budget and according to the specifications, is what sets the business apart.


Albert Lourens
Lourens obtained his BSc degree in Quantity Surveying from the University of Pretoria in 1982. Having formed Africost in 1984, Albert has over 30 years’ experience in the Quantity Surveying , Project Management and Property Development environment. Albert’s main role in the company pertains to Client Relations, Marketing and Feasibility Studies. Albert has been involved in a number of major landmark development projects including Jozini Tiger Lodge, The Pearls, The Receiver of Revenue in Durban and the Protea Hotel Gateway .

Reggie Haripersad
Boasting an array of qualifications in Quantity Surveying, Project Management and Carpentry and Joinery, Haripersad brings a profound level of expertise and knowledge to Africost’s projects. Heading up Company Production Haripersad’s more than 30 years of experience ensures that all of the company’s qualified staff are capable of delivering the best service to their clients.

Owen Nxumalo
Cutting his teeth at The independent Development Trust (IDT) Nxumalo honed his skill in Portfolio Management, Project Management, Construction Management Stakeholder Management & Community Development. Nxumalo then moved on to managing multiple departments including Health Essential Services Portfolio, Infrastructure & Medical Technology, LED’s, Offices, Schools, Agricultural Colleges, Barrier Fence for Foot & Mouth Diseases between RSA, Mozambique & Swaziland.

As a Civil Engineering Technician and Skills Development Facilitator, his love for built environment is evident through his involvement in the extension of the Durban ICC, the construction of Moses Mabhida Stadium, widening of the Durban Harbour and the construction of Westwood Mall, and was instrumental in the establishment and driving of the Vukuzakhe Programme of the KZN Department of Transport, to grade and empower emerging contractors.