Acquisition of a stake in medical aid admin company Odyssey Healthcare | Merging of Odyssey Healthcare with Thebe Ya Bophelo Healthcare Administrators | Emancipation of Thebe Risk & Benefit Group as Alexander Forbes is bought out as a minority shareholder Thebe Risk & Benefit Group...
Acquisition of 25% interest in Shell South Africa Marketing (Tepco Petroleum is sold into SSAM as part of the consideration) Sale of ICT Swiftnet to Telkom Sale of Rainbow Construction to a BEE consortium Sale of ICL stake to ICL International Tusk Resorts opens...
Sale of ICT Swiftnet to Telkom | Sale of Rainbow Construction to a BEE consortium | Sale of ICL stake to ICL International | Acquisition of 25% interest in Shell South Africa Marketing (Tepco Petroleum is sold into SSAM as part of the consideration) |...
Thebe Hoskens renamed Thebe Risk & Benefits Group In March, the value of Thebe is confirmed to be R72m and Thebe takes a strategic decision to become an Investment Management Company With Investec acquiring Fedsure, Thebe assumes management control of Safrican and becomes a...
In March, the value of Thebe is confirmed to be R72m | Thebe takes a strategic decision to become an Investment Management Company | With Investec acquiring Fedsure, Thebe assumes management control of SafricanThebe becomes a managing shareholder in Thebe Hoskens (replacing Alexander Forbes)Thebe Hoskens...
Establishment of Batsumi Airport Ventures in a JV with Cape Union Mart to sell adventure gear The shareholder value of Thebe is decimated and fundamental restructuring of the Group begins Establishment of the Group BEE Index (Thebe companies are measured by reference to board...
The shareholder value of Thebe is decimated | Fundamental restructuring of the Group begins | Establishment of the Group BEE Index (Thebe companies are now measured by reference to board control or equity holding, effective economic interest, management demographics, employee demographics and affirmative procurement) |...
FBC Fidelity Bank experiences a liquidity squeeze as part of South Africa’s small- to medium-size banking crisis (the bank is placed under curatorship, and sold to Nedcorp for R1 the following year Capital markets crash MacMed is delisted and liquidated ...
Capital markets crash | MacMed is delisted and liquidated | FBC Fidelity Bank experiences a liquidity squeeze as part of South Africa’s small- to medium-sized banking crisis (the bank is placed under curatorship, and sold to Nedcorp for R1 the following year)...
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...