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China Investment Corporation Acquires a 25% Shareholding in Shanduka Group

22 December 2011. Johannesburg. Shanduka Group (“Shanduka”), a black owned and managed investment holding company, and China Investment Corporation (“CIC”) are pleased to announce they have concluded a transaction which will result in CIC acquiring a 25% shareholding in Shanduka for R2billion. CIC will acquire its shares primarily from exiting shareholders, Old Mutual Private Equity and Investec.

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Shanduka Group Increases Shareholding in Shanduka Coal

13 December 2011, Johannesburg; Shanduka Group, today announced that it has increased its shareholding in Shanduka Coal from 30% to 50.01%, which will result in Shanduka sharing control of Shanduka Coal with Glencore International plc.

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2nd Edition of 100% Black Owned Business Directory Launches

blackpages available with Finweek at local news agents from 1st April 2011

The second edition of blackpages – the directory of 100% black owned SMMEs in South Africa – is bigger and better than ever.

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McDonald’s names Cyril Ramaphosa as Developmental Licensee for South Africa

17 March 2011 – McDonald’s Corporation today announced the appointment of Cyril Ramaphosa as Developmental Licensee (DL) for South Africa. As the new DL, Mr. Ramaphosa will be responsible for the operation of McDonald’s restaurants in South Africa.

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Milestone development as Shanduka acquires majority and controlling interest in Incwala Resources

SANDTON: 10 May 2010 - Shanduka, a leading black-owned and controlled investment holding company is proud to announce a significant milestone in the building of its presence in the South African mineral resources sector.

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