City Press, Finance 24 -8 November 2015 by Sue Grant Marshall
Video recorded and produced by HWB Communications.
“I come here cap in hand in appreciation of the work done by Ditikeni”, said Minister Trevor Manuel, at a celebration held for 19 NGOs who have ‘hit the jackpot’ with their investment in Ditikeni, the broad-based empowerment investment company.Thanks to the sale of its investment in Stanlib Asset Management, Ditikeni has paid dividends to […]
NGO’s hit the jackpot “I come here cap in hand in appreciation of the work done by Ditikeni”, said Min Trevor Manuel, at a celebration held for 22 NGO’s who have ‘hit the jackpot’ with their investment in Ditikeni, the broad-based empowerment investment company. Thanks to the sale of its investment in Stanlib Asset […]
Ditikeni has raised R21 million by the issue of preference shares to two leading Cape Town institutions. They are Metropolitan Asset Managers and the Old Mutual (South Africa) Foundation, which have each committed R10 million, and Pick n Pay Foundation R1 million. Ditikeni has pledged to co-invest 10% of the total amount raised. The capital […]
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 […]
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 […]
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 […]