2005

2005

  • Acquisition of 51% interest in Unilever Quality Products
  • Acquisition of the balance of 44.2% stake in Creditworx from minority shareholders (now 100% held)
  • Sale of 55% of Safrican to Sanlam (Thebe retains a 45% stake)
  • Establishment of Thebe Community Financial Services and sale of 30% stake to Sanlam
  • Acquisition of outsourced bank hosting infrastructure company Emid (which is incorporated into Thebe Community Financial Services structure
  • Thebe receives over R100m funding from Dutch company FMO
  • Acquisition of Rai SA (renamed Thebe Exhibitions) to enhance the Thebe business tourism sector
  • Thebe Yomnotho and Thebe Transactive absorbed into Thebe Employee Benefits
  • Establishment of Maravedi Financial Solutions in a joint venture with JD Group and Absa
  • Acquisition of 51% of structuring and funding specialist EBOP (renamed TBOP Capital)