1992

1992

  • Capitalised with a R100,000 grant, Thebe opens for business in July 1992
  • Co-founders Enos Mabuza appointed Non-Executive Chairman and Vusi Khanyile appointed CEO
  • Acquired 100% of travel agency business Oriole Travel and 100% of memorabilia manufacturing and distribution business Movement Marketing Enterprises
  • Acquisition of commercial real estate company Dakawa Properties
  • Establishment of South African Express Airlines, SA’s first regional low-cost airline