WDBIH’s mandate is to grow its portfolio of investments as well as generate sufficient cash flow in order repatriate dividends through to the WDB Trust to fund its programmes. WDBIH has equity investments in key sectors in South Africa including industrials, life insurance, banks, oil and gas, real estate, media and basic resources. WDBIH’s mandate is to further diversify and grow its portfolio by investing in key strategic sectors in SA.
WDBIH adds strategic value in its investments through board representation, facilitating women empowerment and skills transfer, working with our corporate partners in their enterprise development initiatives.
- Targeted sectors: Food and Agriculture, Residential and Commercial Property, Media & Telecoms and Technology, Education, Renewable Energy/Utilities, Healthcare and Pharmaceuticals, Retail, FMCG and Diversified Industries.
- Target equity returns: WDBIH seeks to make equity investments in growth businesses that generate cash, and seek market and sector related IRR’s.
- Investment horizon: We maintain long term investment horizons, taking a longer strategic view of our investments, through various cycles, without the pressure of an exit.
- Investee company profile: We invest in businesses with growth, strong cash generative ability and healthy dividend flow.
- Efficient use of capital: We seek to maximize our capital return by reducing our cost of capital, through a combination of debt (including vendor and third party funding) and own equity.
- Investment level: we seek to hold all our investments at holding company or group level.
The core businesses of MMI are long and short-term insurance, asset management, savings, investment, healthcare administration and employee benefits.
- Consumer Brands, which includes nutraceuticals (Chempure, Solal), vitamins (Regal – Foodstate, Swissgarde), sports nutrition (Evox, SSN, Bolus Distribution, Sportron) and skin care (Nimue);
- Phyto-Vet, focussing on plant and animal health (includes products like Efekto (plant fertiliser), Avima (crop pesticides), marltons; and
- Pharma-Med prescription drugs and medical devices, which includes Pharmachem (Bencough), wholesaler and distributor with a Medicines Control Council license, Parmadyne, an MCC licensed generic pharma manufacturer in the multivitamin government tender market.
Oil and Gas
In a first for the fuel industry, BP, a multinational company, retains only 45% equity of this joint venture. MIC and WDBIH own 35% of Masana, while the remaining 20% is owned by management and staff together.
Safari has exposure to retail properties in affluent townships in Gauteng. The company specialises in the development of high end shopping malls to consumers in townships. This is done through refurbishments, upgrades and other improvements to existing retail buildings. Its property portfolio includes the Atlyn Shopping Centre in Atteridgeville, Denlyn Shopping Centre in Mamelodi and the Thabong Shopping Centre in Sebokeng.
The first fund closed by IHS, named the South Africa Workforce Housing Fund I (“SAWHF”) invested in workforce housing, where the average market value per unit is less than ZAR 650,000 per unit in the case of properties in South Africa (adjusted by CPIX), “missing middle”. The size of Fund 1 was ZAR 1.9 billion with 35 investments having been made since its first close in May 2008. IHS has recently closed its second round of Fund Raising for its second fund, in which WDB Investment Holdings participated.
The company has engaged the services of a Facilities Management Company called the EDC to manage the Dti campus.
Phuthuma Nathi is a company whose sole objective is to hold ordinary shares in MCSA Holdings for the benefit of its shareholders, being the General Black Public. MCSA Holdings, an indirect wholly owned subsidiary of Naspers, has, as its only asset, 100% of the issued share capital of MCSA.
MCSA is South Africa’s premium pay-television and internet business. MCSA also has a 29,98% interest in M-Net/SuperSport and 100% in M-Web Holdings (Proprietary) Limited (“MWEB”).
MCSA provides premium television entertainment through its DStv bouquets to more than 1 million subscribers in South Africa. Operations include subscriber management services and digital satellite television platforms broadcasting over 70 video and over 60 audio channels.
In addition to good music; the station brings global, national and local news and gossip, sport, local traffic and weather extending across our footprint. We’ve been broadcasting in the Eastern Cape for over 27 years and in the Garden Route, including Knysna, George and Mossel Bay since December 2011.
The station is predominantly a music station, but includes many talk show features. Algoa FM, together with Free State’s OFM and radio sales house United Stations are part of the African Media Entertainment group (AME). Algoa FM broadcasts live from The Boardwalk in Summerstrand, Port Elizabeth.
The shareholders are:
- Videovision Entertainment (Pty) Ltd
- WDB Investment Holdings
- Allparts Cape (Pty) Ltd
- African Peoples Investment Company (Pty) Ltd
- Radio 021 (Pty) Ltd
Anglo American-controlled companies account for 15% of the value of businesses listed on the Johannesburg Stock Exchange and since 1999, we have invested more than R143 billion in local capital projects. A further R51.7 billion is earmarked for our future capital investment pipeline, underlining our commitment to our roots and our firm belief in South Africa’s future.
We play an important role in the country’s economy, and our activities account for about 4% of GDP by revenue.
It has a customer presence in over 21 countries across Africa, Asia, Australasia, Europe and North America.
Adapt IT listed on the JSE in 1998
WDBIH ED Fund provides micro and small businesses loans of between R50 000 to R400 000 in Agriculture, Manufacturing, Waste Management and Recycling, Green Energy, and Specialised Services. In addition, the fund provides non-financial support working with various strategic industry experts.
- The idea of the WDBIH ED Fund was formulated in 2012 to respond to the Micro and Small Enterprises (MSEs) business and financial needs in South Africa, particularly in rural areas.
- The ED fund collaborates with industry experts to deliver on its mandate of providing loans and business financial support to the MSEs.
- The key objective for the ED Fund is to provide access to finance and facilitate technical support, business support and access to markets for the entrepreneurs.
- The ED Fund’s strategic partners provide unique and different input that complements WDB services ensuring a sustainable business and growth path through each intervention.