| MIC realises cash and remains strategic partner in Tracker |
Mineworkers Investment Company (MIC) today 3 October 2011 announced that it has consolidated its position in Tracker, South Africa’s largest vehicle recovery company and a strategic asset in its R2.2 billion portfolio.
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| MIC realises cash and remains strategic partner in Tracker |
Mineworkers Investment Company (MIC) today 3 October 2011 announced that it has consolidated its position in Tracker, South Africa’s largest vehicle recovery company and a strategic asset in its R2.2 billion portfolio.
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| Upbeat MIC reports 50% rise in portfolio value |
The Mineworkers Investment Company (MIC) today, 30 June 2011 reported an increase of more than 80% in the value of its investment portfolio.
Its annual review for the 12 months to the end of February 2011 ascribes the rise, from R1,2 billion to R2,2 billion, to new investments and capital growth following the JSE’s robust recovery.
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| New BBBEE partnership for Westcon SA |
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Datatec Limited, the international Information and Communications Technology (ICT) group, announced today that the Mineworkers Investment Company (Pty) Ltd (“MIC”) has become the new BBBEE partner in its South African distribution business Westcon South Africa (Pty) Ltd.
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| Resurgent MIC pledges enhanced social funding |
The Mineworkers Investment Company (MIC), one of the country’s leading drivers of empowerment, today (Thursday Oct 14) reported a recovery in its portfolio’s net asset value while pledging even bigger contributions to beneficiaries over the next five years.
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| Bomela named MIC executive director |
The Mineworkers Investment Company (MIC) is proud to announce the appointment of Mary Bomela as an executive director with effect from July 1.
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| Best-Established Black Business award a key milestone in MIC history |
The Best Established Black Business Award, founded by BBQ magazine a few years ago is awarded to a company that shows innovation, strategic vision and business excellence, exemplary ability to implement a vision, strategise for the future and integrate a better business practice through the empowerment of staff and communities as well as a company that demonstrates good corporate governance and leadership.
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| MIC presents its 2009 Annual Review |
The 2008-09 annual review presented in Johannesburg today (04 December 2009) by the Mineworkers?? Investment Company (MIC) makes it plain that high profile BEE deal-making may have been halted by recession, but empowerment goes on at MIC.
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| GE TRANSPORTATION AND MIC POWER NEW EMPOWERMENT VEHICLE |
As South Africa continues to transform both socially and economically, the country??s government has spelled out the cardinal role that railways will play in this regard.
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| MIC MAKES LARGEST SINGLE DISTRIBUTION EVER MADE TO A BENEFICIARY TRUST R245 million single distribution |
BEE investment group, Mineworkers Investment Company (MIC), today announced that it has made a distribution of R245 million to its shareholder and beneficiary trust, the Mineworkers Investment Trust (MIT). This represents the largest single South African distribution ever made by an empowerment investment company to a beneficiary trust.
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| MIC AWARDED FIRST AND SECOND PLACE FOR BEE DEALS OF THE YEAR |
BEE investment group, Mineworkers Investment Company (MIC) today announced that the group has won the BEE deal of the Year award in the Barloworld Wits Business School BEE Awards for 2008 (previously the BusinessMap BEE Awards).
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| Tracker acquisition creates South Africa's largest vehicle communications company |
Leading Stolen Vehicle Recovery (SVR) company, Tracker, has today announced (May 24, 2007) that it has acquired all the equity in Mobile Data, a highly-rated vehicle monitoring company previously owned by WesBank.
Launched only two years ago, Mobile Data offers fleet management and telematics through its popular Skytrax range of products.
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| MIC appoints new Chairperson of the Board |
The MIC would like to announce the appointment of Kuben Pillay as Chairperson of the Board, effective 1 June 2007. Mr. Pillay currently serves as a non-executive director on the MIC board, and has had a long and active association with the company since inception.
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| MIC-LED CONSORTIUM ANNOUNCES INTENTION TO MAKE A R6 BILLION OFFER FOR PRIMEDIA |
Deal significantly increases empowerment in Primedia.
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| Mic Led Consortium Bids To Take Peermont Global Private |
Mineworkers Investment Company (MIC), a broad based BEE company, today announced that it is leading a consortium (NewCo) that has made a firm offer to acquire all the issued share capital of Peermont Global Limited (PGL) in a transaction arranged by Brait SA Ltd. MIC, with community trusts and funders, will control 75% of NewCo, senior management of PGL will hold 17.5%, and founding BEE individual partners in PGL 7.5%.
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| Mineworkers Investment Company named unlisted BEE company of the year by BusinessMap |
The Mineworkers Investment Company (MIC) was awarded the prestigious BusinessMap Top BEE Unlisted Company at the annual award ceremony, held Thursday 17 March 2006. The BusinessMap / Business Report BEE Awards are considered amongst the most thoroughly researched and are intended to acknowledge those companies and individuals who promote BEE and are leaders in their field.
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| MSA Takes Steps in South Africa to Enhance Growth |
Company Establishes Holding Company with 25.1 Percent African Ownership and Acquires Select Personal Protective Equipment Co. from Mathomo Group Ltd.
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