Our company news


2017

RBH subsidiary MOGS and IDC launch R1 billion LPG import and storage facility

Published: 7 August 2017

Today Africa’s largest open-access Liquefied Petroleum Gas (LPG) import and storage facility was unveiled in Saldanha Bay, Western Cape.

2016

RBH wins bid in DoE's Independent Power Producers Procurement Programme

Published: 10 October 2016

RBH is pleased to announce the success of RBH's bid in the Department of Energy's Independent Power Producers Procurement Programme. RBH, through the Thabametsi project, has partnered with Marubeni and Kepco to deliver on the much needed baseload capacity in South Africa. RBH is a 15% shareholder in the project.

RBH acquires Aveng infrastructure and energy assets

Published: 11 August 2016

In line with its investment strategy to increase exposure to assets that will enhance a predictable and sustainable dividend profile in the long-term, RBH has acquired infrastructure and energy assets from Aveng for a cash consideration of R860 million.

Liquid Telecom and RBH announce agreement to acquire Neotel

Published: 29 June 2016

Today, Liquid Telecom, a privately owned pan-African telecoms group, majority owned by Econet Global, announces that it has entered into an agreement to acquire South African communications network operator Neotel.

2015

Black Rhino and MOGS Services get official green light for $1.55bn Horn of Africa fuel pipeline project

Published: 30 September 2015

Energy infrastructure companies Black Rhino and MOGS Services (BRM), together with the Governments of Djibouti and Ethiopia today signed Framework Agreements for the construction of a 550km fuel pipeline system running through Djibouti and Ethiopia in the Horn of Africa.

Royal Bafokeng hosts second annual teacher-learner career orientation programme

Published: 10 August 2015

PRoyal Bafokeng Holdings today held its second annual maths and science career orientation programme in Phokeng, Rustenburg

Royal Bafokeng Holdings and JCDecaux complete the acquisition of Africa’s N° 1 outdoor advertising firm, Continental Outdoor Media

Published: 19 June 2015

Community-owned investment holdings company Royal Bafokeng Holdings (RBH) today announced it has finalised a strategic partnership with the world’s N° 1 outdoor advertising group, JCDecaux SA, to acquire Continental Outdoor Media.

Royal Bafokeng Holdings partners with JCDecaux SA to acquire Continental Outdoor Media

Published: 02 February 2015

Royal Bafokeng Holdings (RBH) today announced a strategic partnership with JCDecaux SA (JCDecaux) to acquire Continental Outdoor Media (Continental), the leader in outdoor advertising in Africa. As part of the partnership, RBH will acquire a 30% stake in Continental while JCDecaux will acquire the remaining 70%.

2014

Royal Bafokeng Holdings appoints new FD

Published: 03 September 2014

The Board of Royal Bafokeng Holdings (Pty) Limited (RBH) is pleased to announce the appointment of Mr Brian Harvey as Finance Director for the company with effect from 1 September 2014.

Keynote Speech: MOU signing between Royal Bafokeng Nation and Rustenburg Local Municipality

Published: 01 September 2014

We are here today because we all share the same mission: to create the best enabling environment for our people, not only today but for generations into the future.

RBH acquires a stake in the STANLIB fund

Published: 15 August 2014

Royal Bafokeng Holdings (RBH) has committed an investment of R200 million into the STANLIB Infrastructure Fund 1. The total fund size will be R1.2 billion which gives RBH a minority interest of 16.7%.

Royal Bafokeng Platinum FY 2014 Interim results

Published: 08 August 2014

RBPlat announces 33% increase in headline earnings per share, 18% increase in revenue, 3% increase in production and R2.2 billion cash on hand, against a background of protracted industry strikes.

RBPlat and NUM sign historic wage agreement

Published: 17 January 2014

RBPlat is pleased to announce that the Company has successfully concluded a wage agreement with its permanent employees, represented by the National Union of Mineworkers (NUM). The current three-year wage agreement expired on 30 June 2014.

Royal Bafokeng Holdings completes the sale of its stake in MB Technologies

Published: 17 January 2014

Royal Bafokeng Holdings (“RBH”) has sold its 55% stake in the MB Technologies Group to Investec, with effect from 31 December 2013. This is in line with RBH’s strategy of investing in fewer, high growth sectors.

Keynote Speech: ‘Women of Substance’ Event, African Women Chartered Accountants

Published: 17 January 2014

RoIt is an honour to have been invited to speak to you today. AWCA is an organization that represents many of the values that are close to my heart, particularly the facilitation of education and the development of leadership.

2013

Keynote Speech: ‘Women of Substance’ Event, African Women Chartered Accountants

Published: 03 August 2013

It is an honour to have been invited to speak to you today. AWCA is an organization that represents many of the values that are close to my heart, particularly the facilitation of education and the development of leadership.

M-Tech Industrial extends successful partnership with Royal Bafokeng Holdings

Published: 24 July 2013

Royal Bafokeng Holdings (Pty) Ltd, South Africa’s leading community-based investment company, has subject to regulatory approval, secured a controlling interest in M-Tech Industrial (Pty) Ltd.

Disclosure of significant holdings of coronation asset management (Pty) Ltd, regarding capital management (Pty) ltd and Royal Bafokeng (Pty) Ltd in Astrapak limited ordinary shares

Published: 16 July 2013

In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 2008, shareholders are advised of the following.

2012

Royal Bafokeng Holdings appoints new CEO

Published: 20 September 2013

RBH has announced the appointment of Ms Albertinah Kekana as Chief Executive Officer with effect from 1 November 2012.

Archbishop of Cape Town and King of the Royal Bafokeng Nation promote ‘Winds of Change’ upliftment initiative at the World Economic Forum Africa Summit

Published: 08 May 2012

The Most Revd Dr Thabo Makgoba, Anglican Archbishop of Cape Town, and Kgosi Leruo T Molotlegi, King of the Royal Bafokeng Nation, will this week present proposals for a new initiative, called ‘Winds of Change’, in Addis Ababa at the Africa Summit of the World Economic Forum.

Further changes to RBH board

Published: 02 May 2012

Royal Bafokeng Holdings Ltd today confirmed several changes to its Board of Directors.

RBH CEO resigns; Interim CEO appointed

Published: 27 March 2012

RBH advises that current Chief Executive Officer (CEO) Niall Carroll has tendered his resignation from the group, which has been accepted with regret by the RBH board.

2011

RBH extends relationship with RMBH, RMI, REMGRO and founding shareholders

Published: 12 December 2011

RMB Holdings Limited, RMI Holdings Limited and Remgro Limited announced today that Royal Bafokeng Holdings (Pty) Limited has reached agreement with Remgro and the founding shareholders of RMBH and RMI, in terms of which RBH will acquire a portion of their RMBH and RMI shares

RBS Board appointment

Published: 23 August 2011

The Board of Royal Bafokeng Sports Limited is pleased to announce the appointment of Mr Floyd Mbele as Managing Director of the company.

Notice of memorial service

Published: 12 July 2011

We are deeply saddened to inform of the untimely passing on of Eugene Tsitsi. Eugene tragically passed away in a motor vehicle accident on the evening of 8 July 2011.

RBH appoints new non-executive directors to the Board

Published: 20 May 2011

The Board of Royal Bafokeng Holdings (Pty) Limited (RBH) is pleased to announce the appointment of two new non-executive directors, Ms Monhla Hlahla and Mr Tom Boardman.

2012

Royal Bafokeng Holdings appoints new CEO

Published: 20 September 2013

RBH has announced the appointment of Ms Albertinah Kekana as Chief Executive Officer with effect from 1 November 2012.

Archbishop of Cape Town and King of the Royal Bafokeng Nation promote ‘Winds of Change’ upliftment initiative at the World Economic Forum Africa Summit

Published: 02 May 2012

The Most Revd Dr Thabo Makgoba, Anglican Archbishop of Cape Town, and Kgosi Leruo T Molotlegi, King of the Royal Bafokeng Nation, will this week present proposals for a new initiative, called ‘Winds of Change’, in Addis Ababa at the Africa Summit of the World Economic Forum.

RBH CEO resigns; Interim CEO appointed

Published: 27 March 2012

RBH advises that current Chief Executive Officer (CEO) Niall Carroll has tendered his resignation from the group, which has been accepted with regret by the RBH board.

2010

RBH to acquire 5% of restructured RMB Holdings for R2.5 billion

Published: 15 December 2010

Royal Bafokeng Holdings announced today that it has agreed with RMB Holdings Limited to acquire a 5% interest in RMBH for R2.5 billion.

A royal listing – RBPlat to trade on the JSE from today

Published: 15 December 2010

Royal Bafokeng Platinum (RBPlat) is pleased to announce that today, 8 November 2010, it has listed on the main board of the JSE Limited (JSE), in the ‘Platinum and Precious Metals’ sector.

RBH takes R500 million stake in premium property fund Atterbury IH

Published: 25 October 2010

Royal Bafokeng Holdings (RBH) and Atterbury Investment Holdings (AIH) announced today that RBH has acquired a 10.5% interest in Atterbury IH for R500 million cash.

RBPlat to list on JSE on 8 November 2010

Published: 18 October 2010

RBPlat is pleased to advise that the company released its pre-listing statement today as it launched a private placement for shares. RBPlat intends listing on the Main Board of the JSE Limited from Monday, 8 November 2010.

Leadership required in SA platinum industry

Published: 12 October 2010

A call for leadership in the South African platinum mining industry transcending vested interests, was made today by RBH CEO Niall Carroll.

Royal Bafokeng Platinum suspends listing process in light of new offer

Published: 30 September 2010

Royal Bafokeng Platinum (RBPlat), a subsidiary of Royal Bafokeng Holdings (RBH), recently announced its intention to list the company on the JSE Limited later this year.

Appointment of Chief Executive Officer for Royal Bafokeng's BRPM Joint Venture Holding Company in support of Black Economic Empowerment in South Africa

Published: 11 March 2010

The shareholders of NewCo, Royal Bafokeng Holdings Ltd and Rustenburg Platinum Mines Limited, a wholly-owned subsidiary of Anglo Platinum Limited are pleased to announce that Steve Phiri, currently CEO of Merafe Resources Limited, will be joining NewCo as Chief Executive Officer with effect from 01 April 2010.

2009

Zurich announces an increase in Royal Bafokeng shareholding in support of Black Economic Empowerment in South Africa

Published: 03 December 2009

Zurich Insurance Company Limited, Switzerland and Royal Bafokeng Holdings announced today that they have reached an agreement where Royal Bafokeng Finance will increase its shareholding in Zurich South Africa to 25.1%.

RBH ‘Moves & Shakes’

Published: 29 October 2009

Royal Bafokeng Holdings (RBH) and Thebe Holdings have been jointly awarded The Little Black Book’s Mover and Shaker Award for 2009/10, in recognition of their R7.5 billion acquisition of a 5% stake in mobile phone giant Vodacom.

2008

RBH wins bid in DoE's Independent Power Producers Procurement Programme

Published: 10 October 2016

Anglo Platinum and the investment arm of the Royal Bafokeng Nation, Royal Bafokeng Holdings, have reached agreement to restructure the Bafokeng Rasimone Platinum Mine Joint Venture which includes the Styldrift Platinum project - the 50/50 joint venture partnership between Royal Bafokeng Resources, RBH’s wholly owned-subsidiary, and Anglo Platinum.

2007

Zaptronix concludes transaction with Royal Bafokeng

Published: 20 November 2007

Zaptronix Limited announced today (Tuesday, 20 November 2007) that it has concluded a broad–based black economic empowerment (BBBEE) transaction with Royal Bafokeng Capital (Pty) Limited, in terms of which RBC will own 30% of Zaptronix.

South African Coal Mining Holdings Limited – strategic partnership with Fraser Alexandere

Published: 15 November 2007

Shareholders are advised that SACMH has today signed a Heads of Agreement with Fraser Alexander (Pty) Limited relating to a strategic partnership.

Potential offer for Old Mutual’s stake in Mutual & Federal

Published: 08 November 2007

Old Mutual plc confirms that it is currently in discussions with community–based investment group, RBH which may result in the sale by Old Mutual to RBH of a controlling interest in Mutual & Federal Insurance Company Limited, the short–term insurer in which Old Mutual has a majority stake.

Leopards Scores SA Rugby First

Published: 30 October 2007

Royal Bafokeng Sports Holdings and Leopard Rugby (Pty) Limited announced a ground–breaking agreement today in terms of which the latter becomes South Africa’s first black–owned professional rugby franchise.

Royal Bafokeng Holdings invests in Praxima Payroll Africa

Published: 18 October 2007

RBH, the investment arm of the Royal Bafokeng Nation, has acquired a 30% stake in Praxima, an outsourced payroll and Human Resource (HR) service provider.

Bafana Bafana and the USA set for Nelson Mandela Challenge showdown

Published: 11 October 2007

The 13th edition of the Nelson Mandela Challenge is set to provide SA’s soccer loving fans with a dose of world class, action-packed soccer entertainment when the Bafana Bafana host the United States of America, at Ellis Park stadium, in Johannesburg, on Saturday, 17 November 2007 (15h30 kickoff).