About us

The Ditikeni group was formed in 1999 by a number of non-profit organisations seeking financial sustainability. They aimed to participate in Black Economic Empowerment in order to create a capital base to fund their community development and welfare work. By the way, “ditikeni” is tshiVenda for “something to lean on” signifying our aim of financial sustainability for NGOs.


Ditikeni has made 23 investments in the past ten years and retains seventeen. Our aim to build up a capital base has succeeded to the point that Ditikeni now pays an annual distribution to shareholders. Over R4 million has been distributed to shareholders to date.


The NGOs which make up Ditikeni originally contributed R2.8 million from their own resources to fund Ditikeni’s working capital. This was repaid in 2007. A share costing R1 originally is now worth over R10 at tangible Net Asset Value.


The Ditikeni group consists of:


arrows.jpg Ditikeni Investment Company Limited, a public company, at the heart of the group
arrows.jpg Ditikeni Trust, a parallel registered vesting trust which has undertaken certain transactions where a trust was required. Ditikeni Trust has the same beneficiaries and trustees as the shareholders and directors of Ditikeni Investment Company.
arrows.jpg Ditikeni Empowerment Advisors, a division of the company, provides corporate advisory services to clients. This division also manages the Natural Resources Empowerment Fund.

Ditikeni group is audited annually by Deloitte and maintains high levels of corporate governance. See our annual reports for more information. Ditikeni has been certified by a registered ratings agency, Honeycomb Ratings.


Ditikeni’s empowerment profile is :

Black-owned 98%
Black woman owned 59%
New entrants 87.84%
Broad Based 87.84%

 


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Download Annual reports

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Annual Report
2007
Annual Report
2008
Annual Report
2009
Annual Report
2009