Welcome to the Ditikeni group website. Ditikeni is a broad-based Black Economic Empowerment investment holding company with track record of acquiring investments and distributing the profits to our beneficiaries. We celebrated our 20th anniversary in 2019.
This website should give you most of the information you need to understand Ditikeni but if you need more, we’ll be happy to meet with you to discuss what Ditikeni can do for your company. Contact us for details.
Ditikeni is a 100% broad-based investment holding company. With our broad-based credentials, we’ve become proud partners to 30 companies in the years since foundation in 1999.
Ditikeni’s 18 shareholders are all non-profit organisations
Our shareholders work in over 200 poor, black communities nation-wide
Over 2 million beneficiaries, located in every province
Certified fully BEE-owned and -controlled, Ditikeni offers the maximum ownership points under the BEE Codes.
The Ditikeni group was formed in 1999 by a number of non-profit organisations seeking financial sustainability. They aimed to participate in Black Economic Empowerment in order to create a capital base to fund their community development and welfare work. By the way, “ditikeni” is tshiVenda for “something to lean on” signifying our aim of financial sustainability for NPOs.
Of the more than 30 investments we made in the past twenty years, some matured and some were sold.Today we still hold half of that number, most of which are paying healthy dividends. Our aim to build up a capital base as succeeded to the point that Ditikeni has been paying a growing annual distributions to shareholders every year since 2007.
The NPOs which make up Ditikeni originally contributed R2.8 million from their own resources to fund Ditikeni’s working capital. Distributions to the NPO’s have amounted to R32.8 million since then. And a share costing R1 originally is now worth over R66 at tangible Net Asset Value.
The Ditikeni group consists of:
Ditikeni Investment Company Limited, a public company, at the heart of the group
Ditikeni Trust, a parallel registered vesting trust which has undertaken certain transactions where a trust was required. Ditikeni Trust has the same beneficiaries and trustees as the shareholders and directors of Ditikeni Investment Company. The Ditikeni Trust is a registered Public Benefit Organisation.
Ditikeni group is audited annually by Nolands Inc and maintains high levels of corporate governance. See our annual reports for more information. Ditikeni has been certified by a registered ratings agency, Honeycomb Ratings.
Ditikeni’s empowerment profile in 2019 is :
Black woman owned 62.35%
New entrants 98.03%
Broad Based 92.85%