2007

2007

  • Acquisition of a further 48% from the minority shareholders in Thebe Securities (now 100% held)
  • Acquisition of a 21% interest in local plastics manufacturer Safripol
  • Acquisition of 17,9% of JSE-listed building materials company Safic Holdings (Accentuate)
  • Acquisition of a 25% stake in global risk management company Gab Robins South Africa
  • Sale of 30% shareholding in Safrican Insurance to Channel Life (Thebe retains 15% shareholding)
  • Absa becomes a 15.65% shareholder in Thebe after buying Old Mutual’ s and Investec’s shares with Sanlam increasing its stake to 10.677%