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10 August 2010
KBR SA Announces BBBEE Transaction
Houston, Texas

KBR (NYSE: KBR) announced today that its affiliate, Kellogg Brown and Root South Africa (Proprietary) Limited (KBR SA) has entered into a Broad-Based Black Economic Empowerment (BBBEE). Read more

 


28 March 2008
MAKALANI - Bitter blow to BEE
By Sibonelo Radebe

Rand Merchant Bank (RMB) could pull the plug on mezzanine financier Makalani, listed in 2005. At that time it was touted as a landmark black economic empowerment (BEE) initiative. Read more


14 November 2007
"OUT" Peter Moyo quits as Forbes boss
Xolile Bhengu and Lihle Z Mtshali

Barely 24-hours after Peter Moyo announced his resignation as chief executive of Alexander Forbes, Bruce Campbell, the current chairman, has taken over the hot seat. Read more

 


8 March 2007
Seardel sells 25.1% stake in Seartec to Thesele
By Tonny Mafu

Seardel Investment sold a stake of 25.1 percent in one of its businesses to Thesele, a black-owned investment holding company, Seardel said yesterday. Read more

8 March 2007
Seardel sells stake in BEE deal
By: Sikonathi Mantshantsha

Johannesburg - JSE-listed Seardel Investment Corporation (Seardel) announced on Wednesday it had sold a 25,1% stake in one of its subsidiaries to Sello Moloko's Thesele Group. Read more

 


8 March 2007
BEE deal for Seardel subsidiary
Sunday Times

Textile, apparel and electronics company Seardel (SER) announces that Thesele, through its wholly-owned subsidiary Thesele Industrial Investments (Pty) Ltd, had acquired a 25.1% strategic equity interest in Seardel’s wholly-owned subsidiary, Seartec. Read more

9 January 2007
Time for pollination
By Sibonelo Radebe

A bold new breed of black entrepreneurs is beginning to change the way empowerment works.Sello Moloko had almost reached the pinnacle of his corporate career when he suddenly quit as CE of Old Mutual Asset Management (OMAM) to start a business of his own. Read more

 


15 September 2006
At lunch with the FM
Not short of what it takes

After eight successful days in Shanghai and Beijing, the only revelations that this circumspect president of the Association of Black Securities & Investment Professionals (Absip) and head of investment holding company Thesele will make are that he "learnt more about the place, made some interesting contacts". Read more

23 June 2006
THESELE GETS A SLICE
By Stephen Cranston

Prudential SA has become a fully empowered business with 25% black ownership. In 2004, parent company Prudential Plc sold 10% of the business to the Black Staff Trust set up on behalf of the black employees who make up more than half the staff. Read more

 


4 June 2006
Boutique banking is back
Sunday Times

Level-headed Thesele team gets it right, writes Richard Stovin-Bradford THE array of financial services boutiques created in the past two years is reminiscent of a similar rush in the late ’90s, when top-calibre executives left established banks, brokers and fund managers to pursue their dreams of building investment empires. Read more


24 May 2006
Prudential inks an empowerment deal
By Tonny Mafu

Partnership with Thesele will raise financial services group's assets to R50bn. Johannesburg - Prudential Portfolio Managers, which is part of the UK-based international financial services group, yesterday said it had sold a 15 percent stake to majority black-owned Thesele Group. Read more

 


23 May 2006
Prudential's BEE deal
World at Six

Thesele chairperson Sello Moloko explains why Prudential has sold a 15 percent stake to his empowerment grouping. Read more


23 May 2006
Prudential's BEE deal
World at Six

Thesele chairperson Sello Moloko explains why Prudential has sold a 15 percent stake to his empowerment grouping. Welcome now to Sello Moloko, he is the Thesele group chairman. Thesele group is an empowerment grouping, announcing today that it has taken a 15 percent stake in Prudential Portfolio Managers Read more

 


14 February 2006
Acucap sells stake to BEE company
Business Report

Johannesburg - Listed property group Acucap Properties (ACP) has unveiled a black economic empowerment (BEE) transaction that will see BEE group Thesele becoming a 10 percent linked unit holder of Acucap for R168.9 million. Read more


14 February 2006
Acucap to hive off 10% to black group
Nick Wilson, Property Correspondent

LISTED property loan stock Acucap Properties, which has a market capitalisation of just under R1,7bn, said yesterday a black economic empowerment group would buy a 10% interest in the company.
Read more

 

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