The Mineworker’s Investment Company (MIC) is a 100% broad based BEE investment company established in 1995 by the Mineworker’s Investment Trust (MIT) to create a sustainable asset base for the benefit of mine, energy and construction workers and their dependents.

Since inception, the MIC has disbursed over R368 million directly to MIT, which has in turn advanced the money to fund its social development programmes in the areas of education and micro-enterprise development. MIC has total assets under management control of over R10 billion and was awarded the BusinessMap Top Unlisted BEE Company of the year in 2006, and the Barloworld/Wits Business School Top BEE Deal (Peermont) in 2008.

Our vision is “to be a premium active BBBEE partner”.

Our purpose is to:

• Identify and invest in long-term cash generative assets, thereby generating sustainable dividend flow to enable the Trust to meet its social obligations; and
• Actively drive transformation

The values that drive us are:

• Professionalism;
• Integrity;
• Ethical conduct;
• Mutual respect;
• Commitment to Transformation; and
• Striving for excellence.

Our mission statement is:

• To achieve control and influence over our investments;
• To generate sufficient cash to enable MIC to repatriate substantial dividends to the Trust;
• To provide an equal opportunity environment that seeks to address past imbalances;
• To be a premium investment company that seeks to achieve satisfactory Net Asset Value growth.