2008

2008

  • Acquisition of further interest in FX Africa by Thebe Tourism Group (50.1% now held)
  • Acquisition of 0.84% stake in Vodacom SA as part of Vodacom’s BBBEE transaction
  • Acquisition of 25,1% interest in Efficient Financial Holdings
  • Acquisition of 25% in Thebe Rewards by Thebe Tourism Group (now 100% held)
  • Thebe concludes a transaction with Shell South Africa Holdings with acquisition of 25% shareholding in Shell SA Refinery, completing Thebe’s partnership with Shell across all downstream businesses in South Africa
  • Acquisition of 8% stake in consumer-goods manufacturer and distributor Beige Holdings Limited
  • Acquisition of 6.1% shareholding in Care Cross Health in exchange for 36% in Thebe Healthcare
  • A dedicated Mergers & Acquisitions department is created
  • Thebe formally splits its operations into Thebe Capital, Thebe Tourism and Thebe Enterprises