INVESTMENTS

Kagiso Capital manages 1.3% stake held by Kagiso Trust in FirstRand Ltd. FirstRand Group aims to bring premium banking, insurance and investment products and services to the public through its portfolio of leading financial services franchises.

Kagiso Capital manages 0.7% stake held by Kagiso Trust in Discovery. Discovery Limited is a South African Financial Services and Insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives.

Kagiso Capital holds 6.7% stake and manages 31.3% held by Kagiso Trust in Kagiso Tiso Holdings. KTH is a leading black-owned and managed investment holding company in Africa with and an asset base of R15 billion. KTH’s investment philosophy is based on building enduring relationships with management teams and investment partners to create value.

Kagiso Capital manages 0.8% stake held by Kagiso Trust in MMI Holdings. MMI Holdings is a financial services group focused on long and short-term insurance, asset management, savings, investment, healthcare administration and employee benefits.

Kagiso Capital holds 9.7 % stake in OneLogix Group Ltd. OneLogix Group Ltd is a niche logistics provider with over 27 years logistics experience, that offers a range of specialized logistic services to markets in Southern Africa and Eastern Africa.

Kagiso Capital holds 26% stake in Open Learning Holdings. Open Learning Holdings is an effective distance education enabler, supporting teaching and learning in education institutions and achieving increased graduates within South Africa and Africa.