“Our purpose is clear… Kagiso must outgrow us as individuals. Years from now when we are qualified ancestors, it must still be here. It must still be serving people.” Eric Molobi, CEO (2004)
Established in 1986 to channel funds to support the anti‐apartheid struggle and empower communities, the Kagiso Trust has grown a sizeable investment asset base during its almost 30 years of existence. Post 1994, the Trust’s focus was to secure a sustainable source of funding. It formed its own investment company – Kagiso Trust Investments (now known as KTH after the merger with Tiso Group in 2011) – in order to replicate KTI. Kagiso Capital was subsequently established in 2014 as the Trust’s 100% owned new investment company.
Kagiso Capital (Pty) Ltd is an investment holding company. The primary purpose of Kagiso Capital is to ensure the longevity of the Kagiso Trust and to diversify the investment asset base of the Trust beyond its two current investments in FirstRand Limited, MMI Limited, Discovery Limited and Kagiso Tiso Holdings (Pty) Ltd. Kagiso Capital will drive a diversification strategy through meaningful investment in innovative and growing businesses that are committed to economic transformation such as those it is currently invested in – Onelogix Group Limited and Open Learning Holdings (Pty) Ltd. Kagiso Capital currently has a net asset value of just over R8 billion.
LEGACY
VISION
MISSION
OUR LEGACY
Kagiso Capital (Pty) Ltd (KC) is an investment holding company that was established in January 2015. Our primary purpose is to ensure the longevity of the Kagiso Trust (KT) by investing in entities that innovate and transform our society through meaningful investments.
KT was established in 1986 to channel funds to support the anti-apartheid struggle and empower communities. Since the normalisation of our political environment in 1994, KT formed Kagiso Trust investments (now known as KTH post the merger with Tiso Group in 2011) as an investment arm in order to secure a sustainable source of funding.
KT was able to build a sizeable capital base which allowed it to embark on a new statergy to diversify its asset base by starting its own investment company, KC and deploy resources and take control of its own destiny to achieve its objectives of growing a sustainable investment portfolio.
MISSION To be the preferred investment partner in creating sustained stakeholder and shareholder value guided by investment principles that facilitate inclusive growth and economic transformation
VISION
To invest responsibly and generate sustainable economic and social returns that will ensure the longevity of Kagiso trust.