Memorandum of Agreement to Acquire 25,1% in Rainbow Junction Development. Sakhumnotho leads the BBBEE Consortium to participate in the 140 ha premier, mixed-use, modern lifestyle and business development district, nestled in the foyer of the City of Tshwane, only 6km north of Pretoria’s CBD, valued at R 12 billion.
20% of UK based Asset Manager, Enko Capital is acquired through Windhoek Investment (Pty) Ltd
Relationship established with TBN in Africa on media, broadcasting of content and strategic support.
Sakhumnotho Property Holdings acquires three Commercial Properties valued at R555million.
Mpilo Oil & Gas, acquired 50% of the BBBEE vehicle, Tosaco Proprietary Limited (Tosaco), in consortium with Kilimanjaro Capital Proprietary Limited (Kilicap), valued at R1.7 billion. Tosaco has an effective shareholding in Total South Africa of 23%.
Sakhumnotho becomes part of Asky Airline (Regional Airline – West & Central Africa). The airline is privately owned. Main shareholders are Ethiopian Airlines (40%), Ecobank, BIDC, BOAD, Sakhumnotho Group Holding and other West and Central African private investors.
Zambezi is a special purpose Broad-Based Black Economic Empowerment (BBBEE) vehicle established in October 2014 as a result of a R6.6 billion BBBEE transaction with Northam Platinum Limited (Northam). The transaction included the successful raising of R4.6 billion and was approved by Northam shareholders on 19 March 2015. Zambezi comprises…Read More
Sakhumnotho Group leads the BBBEE, Mpilo Financial Services Consortium in the acquisition of 20% of Ecobank valued at $250 million.
The Global Business School of Entrepreneurship (GBSE) was established by Sakhumnotho Education.
5% of Vaal Mall was acquired by Sakhumnotho Group Holdings.