News and Media
News and Media
News and Media
2024
Has South Africa Truly Defeated Apartheid?
26 April 2024
When the apartheid government was toppled in South Africa, ending white minority rule, people around the world shared in the excitement and optimism that a more just society would emerge.
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2023
Onyeali-Ikpe, Olusanya make top 10 definitive list of women CEOs
20 April 2023
Nneka Onyeali-Ikpe, managing director/CEO, Fidelity Bank Plc and Miriam Chidiebele Olusanya, managing director, Guaranty Trust Bank made the top 10 list.
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Northam falls out of tussle to acquire Royal Bafokeng Platinum holdings
11 April 2023
Royal Bafokeng Platinum (RBP) said an offer by Northam Platinum to acquire all the RBP shares it did not already own had been terminated as the platinum price had slipped below a level stipulated in the agreement.
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2022
SUEZ and its partners complete the acquisition of EnviroServ, South Africa’s largest waste management company
06 OCTOBER 2022
On 30th September 2022, SUEZ together with Royal Bafokeng Holdings (RBH) and African Infrastructure Investment Managers (AIIM) completed the acquisition of EnviroServ Proprietary Holdings Limited and its subsidiaries (“EnviroServ”) after having received the approval of the local antitrust authorities, in accordance with the terms announced on 9th June 2022.
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Meet the nominees under the CFO awards spotlight
01 OCTOBER 2022
Royal Bafokeng Holdings has been one of SA’s savviest BEE investment firms — which would make it a brilliant addition to the JSE
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THE FINANCE GHOST: How the Royal Bafokeng cracked the BEE code
22 SEPTEMBER 2022
Royal Bafokeng Holdings has been one of SA’s savviest BEE investment firms — which would make it a brilliant addition to the JSE
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Driving change for an inclusive sustainable future
05 July 2022
We monitor the ESG compliance of our existing assets and aim to exert influence to elevate the importance of ESG matters within investee companies.
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SOUTH AFRICA: Suez buys EnviroServ and establishes itself in waste management
14 June 2022
The French group Suez has announced the signing of a binding agreement with Royal Bafokeng Holdings (RBH) and African Infrastructure Investment Managers (AIIM). The agreement covers the acquisition of EnviroServ Holdings Proprietary, a waste management company.
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Covid-19 brought doom and gloom, but the future looks bright
10 June 2022
The Finance Indaba Online heard how companies are prioritising digitisation and employee wellness post-Covid-19.
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Africa.com Definitive List of Women CEOs expands by 50%
10 March 2022
Africa.com announced the second annual Africa.com Definitive List of Women CEOs on March 8, 2022, in line with International Women’s Day. The list is a unique, data-driven research effort that highlights the women who lead big business in Africa. The data for the effort is provided by Bloomberg.
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Tinyiko Sihlangu nominated for 2022 CFO Awards
27 February 2022
Royal Bafokeng Holdings FD Tinyiko Sihlangu joins the list of 2022 CFO Awards nominees.
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2021
Royal Bafokeng Holdings' Katlego Kobue appointed to Dis-Chem Pharmacies Board
24 November 2021
Katlego Kobue, a senior investment manager at Royal Bafokeng Holdings (RBH), has been appointed as an independent non-executive director on the Dis-Chem Pharmacies board with immediate effect.
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Brief to Morafe: Major benefits to flow to RBN community from sale of RBPLAT to Northam
09 November 2021
This morning Royal Bafokeng Holdings (RBH) announced that it would sell around 33% of our investment in Royal Bafokeng Platinum (RBPlat) to Northam Platinum Limited.
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Diversified Royal Bafokeng keeps its platinum roots
09 November 2021
In a surprise move, Royal Bafokeng Holdings (RBH) shunned an Impala Platinum (Implats) takeover and has cut a R17-billion deal with Northam Platinum to buy its mining assets.
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RBH accepts unsolicited offer for up to 33.3% interest in RBPLAT
09 November 2021
Royal Bafokeng Holdings (RBH) advises that it has received and accepted an unsolicited offer from Northam Platinum Holdings (Northam) for up to 33.3% of the RBH shareholding in Royal Bafokeng Platinum (RBPlat). RBH currently holds an interest of 36.1% of RBPlat.
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Royal Bafokeng, Black Panther group buy stakes in Dis-Chem
30 August 2021
Royal Bafokeng Holdings is buying a stake of almost 7% in Dis-Chem from the Saltzman family, who founded the pharmaceutical retailer.
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Zero to R3.7bn in 20 years: the WeBuyCars story
03 June 2021
From humble beginnings, second-hand car dealer WeBuyCars today sells 8,000 vehicles a month, has eight warehouses across SA and employs 1,200 people. And it still sees plenty of room for growth
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AlphaCode awards R2m to fintech startups
17 May 2021
SA’s best up and coming fintech startups sweated it out at a recent virtual demo day where they had just five minutes to convince a panel of judges why they should be part of the second phase of the AlphaCode Incubate programme.
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RBPlat lauded for results and maiden dividend
09 March 2021
The community-owned miner was able to pay all its capital expenditure out of cash flow during 2020
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2020
Expressions of condolence: Her Royal Majesty, The Queen Mother of the Royal
01 December 2020
Following the passing of Her Royal Majesty, the Queen Mother, Dr Semane Bonolo Molotlegi of the Royal Bafokeng Nation (RBN), the Royal Family wishes to express its gratitude and appreciation for all the messages of condolence and support received thus far. These have brought us much comfort.
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Royal Bafokeng eyes R500m stake in taxi financier Transaction Capital
25 November 2020
The platinum miner could take an initial stake of about 3.7% in the taxi financier, which says this will boost its finances
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AlphaCode’s incubate programme awards SA startup with R450 000
05 October 2020
AlphaCode, the startup incubator from Rand Merchant Investments (RMI), has awarded Oyi Medical Card R450 000 at its first virtual demo day.
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Tanker Docking Sees New Saldanha Crude Oil Terminal Commissioned During Lockdown
29 April 2020
Transnet National Ports Authority (TNPA) at the Port of Saldanha recently led the marine operation of safely and skilfully navigating into the port Oiltanking MOGS Saldanha (RF) (Pty) Ltd’s (OTMS) very first tanker vessel, MT Sonangol Cabinda.
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Lessons from South Africa’s Royal Bafokeng Nation
23 April 2020
I have been trying to keep myself busy during this lockdown by reading extensively especially about societies and individuals who have managed to transform from poverty to prosperity.
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2019
New programme offers over R1 million to whoever can start the next Outsurance or Discovery
14 May 2019
AlphaCode has launched its Incubate programme for 2019, offering rewards to South Africa’s top financial services entrepreneurs.
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AlphaCode awards R16m to eight fintech start-ups
20 August 2019
Eight high-potential fintech start-ups have been awarded R2 million each in entrepreneurial packages by the AlphaCode Incubate initiative.
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2018
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Diversified Royal Bafokeng keeps its platinum roots
2018-11-09
In a surprise move, Royal Bafokeng Holdings (RBH) shunned an Impala Platinum (Implats) takeover and has cut a R17-billion deal with Northam Platinum to buy its mining assets. Read More
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RBH invests in largest ownership deal in the ICT sector
2018-06-11
Vodacom Group has announced a planned R17.5bn black economic empowerment deal with Royal Bafokeng Holdings (RBH), Thebe Investment Corporation and existing BEE shareholder YeboYethu that will take its BEE ownership to about 20%.
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Platinum Stars sale confirmed
2018-01-31
Absa Premiership side Platinum Stars on Wednesday announced the sale and transfer of ownership of the club with immediate effect.
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Dikwena Confirm Sale Of Club
2018-01-31
Platinum Stars have confirmed that the club has been sold with immediate effect.
2017
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South Africa opens Sunrise Energy LPG terminal
2017-09-14
South Africa has launched an open-access LPG terminal at the west coast Port of Saldanha to support the product’s growing use in the national energy mix.
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South African Sunrise Energy establishes LPG terminal to advance oil and gas sector
2017-08-23
South Africa-based energy infrastructure company Sunrise Energy, has established an open-access liquefied petroleum gas import and storage terminal, in Saldanha Bay, which will enable the import of LPG in large quantities
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RBH subsidiary MOGS and IDC launch R1 billion LPG import and storage facility
2017-08-07
New public-private partnership to deliver energy security
2016
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RBH wins bid in DoE's Independent Power Producers Procurement Programme
2016-10-10
RBH is pleased to announce the success of RBH's bid in the Department of Energy's Independent Power Producers Procurement Programme. RBH, through the Thabametsi project, has partnered with Marubeni and Kepco to deliver on the much needed baseload capacity in South Africa. RBH is a 15% shareholder in the project.
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RBH acquires Aveng infrastructure and energy assets
2016-08-11
In line with its investment strategy to increase exposure to assets that will enhance a predictable and sustainable dividend profile in the long-term, RBH has acquired infrastructure and energy assets from Aveng for a cash consideration of R860 million. These projects include:
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Liquid Telecom and RBH announce agreement to acquire Neotel
2016-06-29
Today, Liquid Telecom, a privately owned pan-African telecoms group, majority owned by Econet Global, announces that it has entered into an agreement to acquire South African communications network operator Neotel.
2015
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Black Rhino and MOGS Services get official green light for $1.55bn Horn of Africa fuel pipeline project
2015-09-30
Energy infrastructure companies Black Rhino and MOGS Services (BRM), together with the Governments of Djibouti and Ethiopia today signed Framework Agreements for the construction of a 550km fuel pipeline system running through Djibouti and Ethiopia in the Horn of Africa. The $1.55bn multi-product pipeline will transport diesel, gasoline and jet fuel from Damerjog, Djibouti to Awash in central Ethiopia. Deemed a critical infrastructure project, the project will support economic growth across the region.
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Royal Bafokeng hosts second annual teacher-learner career orientation programme
2015-08-20
PRoyal Bafokeng Holdings today held its second annual maths and science career orientation programme in Phokeng, Rustenburg
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Royal Bafokeng Holdings and JCDecaux complete the acquisition of Africa’s N° 1 outdoor advertising firm, Continental Outdoor Media
2015-06-19
Community-owned investment holdings company Royal Bafokeng Holdings (RBH) today announced it has finalised a strategic partnership with the world’s N° 1 outdoor advertising group, JCDecaux SA, to acquire Continental Outdoor Media.
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Royal Bafokeng Holdings partners with JCDecaux SA to acquire Continental Outdoor Media
2015-02-02
Royal Bafokeng Holdings (RBH) today announced a strategic partnership with JCDecaux SA (JCDecaux) to acquire Continental Outdoor Media (Continental), the leader in outdoor advertising in Africa. As part of the partnership, RBH will acquire a 30% stake in Continental while JCDecaux will acquire the remaining 70%.
2014
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Royal Bafokeng Holdings appoints new FD
2014-09-03
The Board of Royal Bafokeng Holdings (Pty) Limited (RBH) is pleased to announce the appointment of Mr Brian Harvey as Finance Director for the company with effect from 1 September 2014.
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Keynote Speech: MOU signing between Royal Bafokeng Nation and Rustenburg Local Municipality
2014-09-01
We are here today because we all share the same mission: to create the best enabling environment for our people, not only today but for generations into the future.
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RBH acquires a stake in the STANLIB fund
2014-08-15
Royal Bafokeng Holdings (RBH) has committed an investment of R200 million into the STANLIB Infrastructure Fund 1. The total fund size will be R1.2 billion which gives RBH a minority interest of 16.7%.
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Royal Bafokeng Platinum FY 2014 Interim results
2014-08-08
RBPlat announces 33% increase in headline earnings per share, 18% increase in revenue, 3% increase in production and R2.2 billion cash on hand, against a background of protracted industry strikes.
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Royal Bafokeng Holdings completes the sale of its stake in MB Technologies
2014-02-17
Royal Bafokeng Holdings (“RBH”) has sold its 55% stake in the MB Technologies Group to Investec, with effect from 31 December 2013. This is in line with RBH’s strategy of investing in fewer, high growth sectors.
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Keynote Speech: ‘Women of Substance’ Event, African Women Chartered Accountants
2014-01-17
It is an honour to have been invited to speak to you today. AWCA is an organization that represents many of the values that are close to my heart, particularly the facilitation of education and the development of leadership.
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RBPlat and NUM sign historic wage agreement
2014-01-17
RBPlat is pleased to announce that the Company has successfully concluded a wage agreement with its permanent employees, represented by the National Union of Mineworkers (NUM). The current three-year wage agreement expired on 30 June 2014.
2013
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M-Tech Industrial extends successful partnership with Royal Bafokeng Holdings
2013-07-24
Royal Bafokeng Holdings (Pty) Ltd, South Africa’s leading community-based investment company, has subject to regulatory approval, secured a controlling interest in M-Tech Industrial (Pty) Ltd..
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Disclosure of significant holdings of coronation asset management (Pty) Ltd, regarding capital management (Pty) ltd and Royal Bafokeng (Pty) Ltd in Astrapak limited ordinary shares
2013-07-16
In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 2008, shareholders are advised of the following.
2012
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Royal Bafokeng Holdings appoints new CEO
2013-09-20
RBH has announced the appointment of Ms Albertinah Kekana as Chief Executive Officer with effect from 1 November 2012.
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Archbishop of Cape Town and King of the Royal Bafokeng Nation promote ‘Winds of Change’ upliftment initiative at the World Economic Forum Africa Summit
2012-05-08
The Most Revd Dr Thabo Makgoba, Anglican Archbishop of Cape Town, and Kgosi Leruo T Molotlegi, King of the Royal Bafokeng Nation, will this week present proposals for a new initiative, called ‘Winds of Change’, in Addis Ababa at the Africa Summit of the World Economic Forum.
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Further changes to RBH board
2012-05-02
Royal Bafokeng Holdings Ltd today confirmed several changes to its Board of Directors.
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RBH CEO resigns; Interim CEO appointed
2012-03-27
RBH advises that current Chief Executive Officer (CEO) Niall Carroll has tendered his resignation from the group, which has been accepted with regret by the RBH board.