Author: Management

Batho Batho Trust dilutes shareholding from 100% to 74%, allowing Old Mutual, Fedsure (now Investec) and Sanlam to collectively acquire 26% of Thebe Net Asset Value reaches R1bn Initiation of project to use the South African heritage resources to develop a tourism business (later...

Kaya FM goes live on 1 August | Sale of Emthonjeni Publishers | Sale of entertainment and leisure business Moribo | Establishment of wholly owned subsidiary Tepco Petroleum | Acquisition of 30% stake in Nasou and Via Afrika, Naspers’ education business | Shareholding in SA...

Kaya FM and Wholly owned subsidiary Tepco Petroleum was established Sales of Emthonjeni Publishers and entertainment and leisure business Moribo Acquisition of 30% stake in Nasou and Via Afrika, Naspers’ education business Shareholding in SA Express reduced, allowing SAA to become controlling shareholder ...

Acquisition of minority share in data communications company Swiftnet (Telkom as controlling shareholder) Sale of school-book business Nolwazi Publishers Sales of Movement Marketing Enterprises, National Printing & Publishing Trust and Sizwe Car Hire Acquisition of 10% shareholding in ICL (Bhekisizwe is sold into ICL...

Yaseen Bhayat joins Thebe as MD of Thebe Industrial Holdings | Acquisition of Strategic Health Care Systems (renamed Vuna Healthcare Logistics) | Incorporation of Msele Financial Holdings into Citizen Bank to become its Investment Banking Division | Leisure and entertainment business Moribo awarded contract to...

Sale of school-book business Nolwazi Publishers | Sale of Movement Marketing Enterprises | Sale of National Printing & Publishing Trust | Sale of Sizwe Car Hire Acquisition of 10% shareholding in ICL (Bhekisizwe is sold into ICL as part of the consideration) | Acquisition of...

Yaseen Bhayat joins Thebe as MD of Thebe Industrial Holdings Acquisition of Strategic Health Care Systems (renamed Vuna Healthcare Logistics) Incorporation of Msele Financial Holdings into Citizen Bank to become its Investment Banking Division Leisure and entertainment business Moribo awarded contract to manage Johannesburg...

Thebe raises R500m to launch SA Express Airways (51% Thebe-owned) in a turning point in the company’s history Acquisition of 51% of Safrican Insurance with Fedsure remaining as managing partner (Safrican began as a burial society in Sophiatown in 1932) Establishment of wholly owned...

Sale of residential real estate company Yesive Properties | Establishment of wholly owned subsidiary Msele Financial Holdings to be a nucleus of a future Merchant Bank | Thebe raises R500m to launch SA Express Airways (51% Thebe-owned) in a turning point in the company’s history,...