Shanduka In The News
McDonald's Top Jock DJ competition
For the third year, McDonald's South Africa is searching for the 'Top Jock' in its DJ competition, which aims to scout and cultivate Mzansi's musical talent at 10 university campuses around the country.
M&A Volumes Increase in SA as Value Holds Steady
THE volume of mergers and acquisitions (M&A) in South Africa last year increased almost 28%, but the value remained the same as in 2010, at $16bn.
China's State Investment Fund Buys into Shanduka
CYRIL Ramaphosa’s Shanduka Group has sold a 25% stake to China Investment Corporation, China’s sovereign wealth fund, for R2bn, saying this will enhance the group’s growth trajectory over the next 10 years.
Glencore Sells Coal Stake for 700 Million Rand, Shanduka Says
Dec. 13 (Bloomberg) -- Shanduka Group raised its stake in South Africa’s Shanduka Coal to 50.01 percent from 30 percent in a deal valued at about 700 million rand with Glencore International, Shanduka Group Chief Executive Phuti Malabie said.
Shanduka Plans More Empowerment
The head of one of South Africa's most accomplished black-owned and -managed companies, Shanduka, says companies should start seeing the "bigger picture" when it comes to transformation in the country.
Shanduka Group making inroads operations
Born at the dawn of a new century and the new millennium, Shanduka Group takes its cue for growth and empowerment from its name. Shanduka means 'change' in tshiVenda.
UPDATE 2 - Lonmin eyes Limpopo deal with Shanduka
LONDON/JOHANNESBURG, Oct 3 (Reuters) - Lonmin , the world's third-largest platinum producer, has agreed a deal which could involve South African group Shanduka investing 1.1 billion rand ($137 million) for control and management of its Limpopo division.
Shanduka sets sights on Limpopo mine
Lonmin, the world’s third- largest platinum producer, yesterday agreed with Cyril Ramaphosa’s Shanduka Group to a R1,1bn deal that could see the empowerment company taking a controlling stake in a mothballed mine and access to more than 20-million ounces of platinum group metal (PGM) resources.
Talk that Shanduka is courting Optimum
Optimum Coal (OPT), the South African coal mining and exploration group, on Friday acknowledged that it has “received unsolicited, non-binding expressions of interest from third parties to acquire a controlling interest in Optimum”.
Shanduka sells Assore stake for R2.7bn, exit to broaden BEE base
JOHANNESBURG (miningweekly.com) − JSE-listed iron-ore, manganese, chrome and ferroalloy producer Assore on Tuesday announced that it would buy its black partner Shanduka’s 11.8% stake in the company for R2.7-billion and pass the benefit on to its broad-based black-economic empowered (BBBEE) shareholders.
Shanduka faced with overhauling history
SHANDUKA Resources’ R2.8bn investment in Incwala Resources will be, I’m tempted to say, the first of many empowerment deals to be recapitalised. To be honest, however, a revisitation of Incwala’s empowerment transaction, unveiled in 2004, had been coming for a while.
Shanduka-Aggreko to keep 2010 lights on
Temporary power rental services company, Shanduka-Aggreko, has been named as the final official 2010 Fifa World national supporter.
Shanduka-Aggreko announced as final National Supporter of the 2010 FIFA World Cup™
South Africa, 13 April 2010 - The final National Supporter of the 2010 FIFA World Cup™ has been revealed as Shanduka-Aggreko. Shanduka, a leading African investment holding company, through its subsidiary Shanduka Energy, and Aggreko, the global leader in the provision of temporary power rental services, have formed a joint-venture which is the official supplier of rental power for broadcasting of the FIFA World Cup™ tournament. The tournament will be held from 11th June to 11th July 2010 across 10 stadiums in South Africa.
Business Support is Key
BLACK economic empowerment can thrive this year if established companies actively support smaller entrepreneurs through their enterprise development programmes, business people and analysts believe.









