Royal Bafokeng Holdings (Pty) Limited (RBH) is responsible for the management and development of the commercial assets of the Royal Bafokeng Nation (RBN), with the overall business objective of maximising returns to enable the RBN to deliver sustainable benefits to the community. RBH strives to continually improve the economic well-being and quality of life of all stakeholders by investing in businesses that will generate exceptional returns over the long term, thus enabling it to contribute directly to the upliftment of the RBN community, both today and into the future. In line with this policy, RBH has a diversified investment portfolio with assets in the resources, industrial, services and financial sectors.
RBH’s investment activities generate income to fund the practical delivery of projects within the context of the RBN’s Vision 2020, an overarching developmental mission to:
Established in April 2006, RBH was formed by the merger of Royal Bafokeng Resources (RBR), which had been established in 2002 to manage the community’s mining interests, and Royal Bafokeng Finance, which had been formed in 2004 to develop a diversified, non-mining asset base.
100% of the shares in RBH are held by the RBN. Social and economic delivery to the members of the RBN is undertaken by the Royal Bafokeng Administration (RBA), which has a status equivalent to that of a municipality. The Royal Bafokeng Institute focuses on educational initiatives.
Income generated by RBN’s commercial interests is invested in infrastructural development and in the members of the RBN. In the past decade, more than R2 billion has been spent on roads, utilities, schools, clinics and other public amenities. This has been to the benefit both of the Bafokeng and of other people living in North West Province.
In essence, RBH represents a capitalised investment company with impeccable credentials and has a long history of delivery of economic and social benefits to its shareholders — the Royal Bafokeng Nation.
The board retains full and effective control over the company and is responsible for strategic direction, operational and financial performance, major investment expenditure and stakeholder communications.
