01 June 2015
- signature of transaction agreements and submission of regulatory filings
Further to the announcements on 26 May and 27 November 2014, the Pembani shareholders and the remaining Shanduka shareholders (post the exit of Mr Cyril Ramaphosa and other minorities), being Standard Bank and Jadeite Limited, are pleased to announce that following the signature of the transaction agreements, they have submitted the requisite regulatory filings in order to combine their interests in Pembani and Shanduka to create a new black controlled, Pan African Industrial holdings Group (“Group”) with a leading role in the natural resources, infrastructure and industrial sectors (the “Transaction”).
06 October 2014
CNBC Africa’s Southern African winners of the 2014 All Africa Business Leaders Awards (AABLAs) were announced last week Thursday at Montecasino in Fourways, a northern surburb of Johannesburg, South Africa.
07 May 2014
Phuti Malabie is the CEO of Shanduka, a black-owned and managed investment company started by businessman Cyril Ramaphosa. The Wall Street Journal named Malabie one of its TOP 50 Women to Watch in 2008. Deemed charismatic, glamorous and ambitions, this 40-year-old whizzkid puts her meteoric rise down to her drive which comes, she says, from her privileged upbringing.
02 October 2013
Shanduka has underlined its commitment to youth development by sponsoring 10 delegates from across the group to attend the One Young World Summit 2013.
30 May 2013
In a statement submitted to the Farlam Commission of Inquiry, Shanduka Group Executive Chairman Cyril Ramaphosa says that he initiated engagement with government ministers in the week of the Marikana tragedy in an endeavour to prevent further loss of life.
10 April 2013
The Aggreko Shanduka cross-border power project in Mozambique has been awarded Africa’s Best Fast Track Power Project in 2012 at the Africa Energy Awards.
23 January 2013
Shanduka Executive Chairman Cyril Ramaphosa has advised Lonmin Plc and Mondi Group that he will not seek re-election to their respective boards at the companies’ forthcoming AGMs.
19 December 2012
Shanduka Executive Chairman Cyril Ramaphosa has initiated a review of his interests in business following his election to the position of ANC Deputy President at the ANC’s 53rd National Conference in Mangaung.
28 November 2012
Shanduka Group is pleased to announce the acquisition of a minority stake in MTN Nigeria. The stake has been purchased through Shanduka Telecommunication (Mauritius), a wholly-owned subsidiary of the group. Shanduka acquired its stake from three private investors.
22 November 2012
South African investment holding company Shanduka Group, together with its consortium partners, will shortly begin construction of a 73.8MW wind power project near Victoria West in the Karoo. The project, Noblesfontein Wind Power Project, reached financial close earlier this month.
09 November 2012
Shanduka Group has noted a report in the Mail & Guardian newspaper that contains a number of allegations and inferences about the company and its executive chairman, Cyril Ramaphosa.
27 October 2012
Shanduka Executive Chairman Cyril Ramaphosa has offered to testify at the Marikana Commission of Inquiry.
19 September 2012
Fact Sheet on Shanduka Group's acquisition of an interest in Lonmin operations
In response to a malicious document that appeared under the heading ‘Marikana Truth’, the following summarises details of the transaction in which Shanduka Group acquired a shareholding in Incwala Resources, which has a shareholding in Lonmin Plc’s operations.
18 August 2012
Shanduka Group will contribute R2 million towards the funeral arrangements of those who lost their lives at Lonmin’s Western Platinum operations in Marikana over the last week.
17 August 2012
Shanduka Group is deeply shocked by the tragedy that has occurred at Lonmin’s Western Platinum operations in Marikana. We offer our condolences to the families of those who lost their lives, and hope for the recovery of those wounded.
06 June 2012
Aggreko, the UK based interim power solutions specialist and Shanduka Group the South African investment holding company have today announced a ground-breaking project to provide a 107 MW power plant, which will use gas from Mozambique’s Temane gas field to provide an interim power supply to South African power utility Eskom and its Mozambican counterpart, Electricidade de Moçambique (EDM).
16 April 2012
Shanduka Group (Proprietary) Limited (“Shanduka”) and Metopex (Proprietary) Limited (“Metopex”) are pleased to announce that they have concluded a transaction which will result in the DRA Group Employee Trust acquiring Shanduka’s 25% shareholding in the South African operating subsidiary of Metopex, Inyanga Consolidated Investments (Proprietary) Limited, also known as DRA Africa. DRA Africa is a multidisciplinary engineering and project management company with design, construction and operation capabilities. It employs some 3,500 staff and provides services to a number of very substantial mining groups operating in Africa