RBH has taken another major step forward in its strategic objective to diversify its investment portfolio. Pan African cellular communications company Vodacom has announced details of its R7.5 billion broad-based black economic empowerment transaction in terms of which RBH will become a strategic partner in Vodacom SA.
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[Classsic feel] The Black Tie Ensemble (BTE) is a South African opera company founded by Neels Hansen and Mimi Coertse with the intention of preserving and extending the operatic tradition, while providing opportuinities for local opera singers
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[Financial Times] When the Queen Mother of the Royal Bafokeng Nation strides through the foyer of the single-storey office block that serves as the Legato (royal palace) members of staff jump to their feet and mutter "Mmemogolo" (Queen Mother), just as the Bafokeng have for hundreds of years.
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[Mail & Guardian] Valued at R34-billion, or $4,4-billion - more than dollar billionaire Patrice Motsepe’s empire -
Royal Bafokeng Holdings, the investment arm of the Royal Bafokeng Nation, has added about R2-billion to its asset base through its recent BEE deal with Vodacom.
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Royal Bafokeng Holdings is responsible for the management and development of the commercial assets of the Royal Bafokeng Nation, with the overall business objective of maximising their returns to enable the RBN to deliver sustainable benefits to the community.
RBH has a significant portfolio in the resources sector with interests in platinum (Implats and Bafokeng Rasimone Mine) and ferrochrome (Merafe) as well as Coal Mining (SACMH).
Industrial assets comprise a 26% share in Metuba, a joint venture with engineering firms Metix (37%) and TTC Technology (37%).
Financial assets make up the smallest asset class in the investment portfolio and include an investment in Zurich Insurance Company South Africa.
The investments are in Astrapak, Metair Investments and Bafokeng Concor Technicrete, a joint venture with Concor Technicrete.
The investments are in: Fraser Alexander, MB Technologies, Senwes, DHL Express, Pasco Risk, Zaptronix, Praxima, M-Tech Industrial and MOGS.
The investments are in Premier Soccer League club Platinum Stars FC and Platinum Leopards Currie Cup rugby franchise.
RBH manages a cash portfolio on behalf of RBN