01 Jan Monwabisi Fandeso Appointed CEO of Thebe Tourism Group
Acquisition of further interest in FX Africa Foreign Exchange by Thebe Tourism Group (50.1% now held, resulting in FX becoming a subsidiary) | Thebe receives €8m in funding from Dutch company FMO | Acquisition of 8% stake in consumer-goods manufacturer and distributor Beige Holdings Limited | Acquisition of 6.1% shareholding in Care Cross Health | Sale of 36% in Thebe Healthcare to Care Cross Health (as consideration for the stake acquired in Care Cross) | Acquisition of 15% stake in Safrican Insurance | Acquisition of 25,1% interest in Efficient Financial Holdings | Acquisition of 0.84% stake in Vodacom SA as part of Vodacom’s BBBEE transaction | Thebe concludes a transaction with Shell South Africa Holdings | Acquisition of 25% shareholding in Shell SA Refinery, completing Thebe’s partnership with Shell across all downstream businesses in South Africa | Acquisition of 25% in Thebe Rewards by Thebe Tourism Group (now 100% held) | A dedicated Mergers & Acquisitions department is created and headed by James Alderslade | Thebe formally splits its operations into Thebe Capital, Thebe Tourism and Thebe Enterprises | Monwabisi Fandeso appointed CEO of Thebe Tourism Group.