Author: Management

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...

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...

Acquisition of a 15% interest in Combined Motor Holdings for R294m Establishment of Indwe Insurance Brokers in a joint venture with Pamodzi Investment Holdings (through the merger of Thebe Risk Services and Prestasi Brokers) Acquisition of 25% stake in engineering and construction company Kentz...

Acquisition of 51% interest in Unilever Quality Products Acquisition of the balance of 44.2% stake in Creditworx from minority shareholders (now 100% held) Sale of 55% of Safrican to Sanlam (Thebe retains a 45% stake) Establishment of Thebe Community Financial Services and sale of...

Acquisition of 51% interest in Creditworx (which is quickly increased to 53.8%) A new format of the Group Executive Committee is agreed and implemented Development of new go-to-market strategy for the financial services businesses selling to the LSM 2 to 7 markets Acquisition of...