Welcome to the Ditikeni website. Ditikeni is a broad-based Black Economic Empowerment investment entity with a proven track record of acquiring investments and distributing the profits to our beneficiaries. Ditikeni was launched in 1999.
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 over more than two decades.
- Ditikeni’s 14 beneficiaries are all non-profit organisations.
- Our beneficiaries work in over 200 poor, black communities nation-wide.
- Over 2 million people, located in every province, are affected.
- Certified fully BEE-owned and -controlled, Ditikeni offers the maximum ownership points under the BEE Codes.
Ditikeni 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 have made in more than 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 has succeeded to the point that Ditikeni has been paying a growing annual distribution to beneficiaries 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 NPOs have amounted to R69.2 million since then. And a unit costing R1 originally is now worth over R112.89 (adjusted for unit issue) at tangible Net Asset Value.
The Ditikeni Group has been restructured in recent years. Today, the Ditikeni Trusts sits at the apex of a three-leg structure. The Trusts owns:
- A 99.9% indirect stake in Ditikeni Investment Company Limited, where our legacy investments are held. It is held directly by a private equity partnership managed by Vunani Capital. This is the largest of the three legs with 15 separate BEE holdings.
- An endowment portfolio, which represents our accumulated reserves. Distributions to our beneficiaries are largely paid from the dividend income from this portfolio of mainly listed shares. The management of these assets has been outsourced to a licenced asset manager.
- A stake in the new Transformation Fund, a second private equity partnership again managed by Vunani Capital. Ditikeni Trust has committed R25 million to the Transformation Fund.
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 2023 is :
30.84% black women-owned
98.12% owned by new entrants