01 Jan Thebe Community Financial Services is Established
Sale of 55% of Safrican to Sanlam (Thebe retains a 45% stake) | Establishment of Thebe Community Financial Services | Sale of 30% stake in Thebe Community Financial Services to Sanlam | Acquisition of the balance of 44.2% stake in Creditworx from minority shareholders (now 100% held) | Acquisition of outsourced bank hosting infrastructure Emid (which is incorporated into | Thebe Community Financial Services structure) | Thebe receives over R100m funding from Dutch company FMO | Acquisition of Rai SA (renamed Thebe Exhibitions) to enhance the Thebe business tourism sector | Thebe Yomnotho and Thebe Transactive absorbed into Thebe Employee Benefits | Acquisition of 51% interest in Unilever Quality Products | Establishment of Maravedi Financial Solutions in a joint venture with JD Group and Absa Acquisition of 51% of structuring and funding specialist EBOP (renamed TBOP Capital)