Ditikeni acquires 5% of Kelly Group

Posted on Aug 18, 2007 in Press Releases

In a joint venture with Safika Holdings, Ditikeni has acquired 5% of Kelly Group, the listed staffing solutions company. Ditikeni is Kelly’s broad-based BEE partner. The Industrial Development Corporation provided significant funding for the transaction. Greg Erasmus, Ditikeni’s representative on the Safika Kelly special purpose vehicle, said that “this deal is very important to Ditikeni […]

Stanlib Sale

Posted on Aug 18, 2007 in Press Releases

Ditikeni’s finances have been transformed by the sale of our 1.625% stake in Stanlib Asset Management for cash. The sale arose from the acquisition by Liberty Group of the shares it did not alread own in Stanlib, a move intended to strengthen its position in the asset management market. Ditikeni was consequently able to make […]

21 July 2006

Posted on Jul 21, 2006 in Press Releases

Barry Streek was a founder director of Ditikeni. He made a large and enthusiastic contribution on the board – he was indeed a large and enthusiastic man in every way! He was honoured, shortly before his death, by the re-naming of 19 Loop Street – headquarters of Ditikeni shareholder Social Change Assistance Trust in Cape […]

15 September 2005

Posted on Sep 15, 2005 in Press Releases

Mood of euphoria in empowerment circles There’s a mood of growing elation about black economic empowerment (BEE), if an empowerment conference hosted by Ditikeni Investment Company this week is anything to go by. BEE deals are regularly taking place – barely a day goes by without one and often many more deals being announced in […]

14 September 2005

Posted on Sep 14, 2005 in Press Releases

‘Political democracy falls far short of any meaningful economic transformation’ Broad-based economic empowerment should be driver of new growth 14 September 2005 Broad-based empowerment should be about “transformation rather than transfer” and linked directly to the expansion of the economic base and the restructuring of society. Councillor Duma Nkosi, executive mayor of Ekurhuleni Metropolitan Municipality […]

Speeches Raise Debates

Posted on Aug 20, 2005 in Broad Based Conference
Speeches Raise Debates

  Leading speakers bring broad-based empowerment to the fore at Ditikeni conference Broad-based economic empowerment should be driver of new growth   Duma Nkosi Broad-based empowerment should be about “transformation rather than transfer” and linked directly to the expansion of the economic base and the restructuring of society. Councillor Duma Nkosi, executive mayor of Ekurhuleni […]

23 June 2005

Posted on Jun 23, 2005 in Press Releases

Ditikeni acquires 25% of the ESOP Shop Ditikeni has acquired 25% of The ESOP Shop, the leading adviser to industry on employee share ownership schemes. It is Ditikeni’s 11 th acquisition. Gavin Hartford, founder and managing director of The ESOP Shop said that the new partnership made good business sense. “We obviously needed a broad-based […]

14 December 2004

Posted on Dec 14, 2004 in Press Releases

Ditikeni appoints Phil Goduka to Avis Van Rental board Phil Goduka, a key player in local government and community development, has been appointed by Ditikeni Investment Company to the board of Avis Van Rental ( Eastern Cape ). He joined the board of Valuline Four (Pty) Ltd, the Port Elizabeth-based holding company of the Eastern […]

9 December 2004

Posted on Dec 9, 2004 in Press Releases

Greater slice of BEE cake needed for grass roots A leading broad-based empowerment company has called for BEE consortiums to allocate a greater percentage of transactions to broad-based entities.Bandi Biko, director of Ditikeni Investment Company, said that while encouraging figures reported this week by the Minister of Trade and Industry, Mandisi Mpahlwa, showed that broad-based […]

30 November 2004

Posted on Nov 30, 2004 in Press Releases

Bandi Biko joins broad-based empowerment vehicle Ditikeni Bandi Biko, a leading proponent of community development, has joined the board of Ditikeni Investment Company, the pioneering broad-based empowerment vehicle that provides financial sustainability to non-government organisations (NGOs).Biko, who has been involved extensively over the past two decades in community development work with NGOs and the Independent […]