KEY INVESTMENTS

Current strategic investments are concentrated in the manufacturing sector which is considered to have long-term potential. It also holds equity in a firm which conducts forensic investigations.

Manufacturing sector

Fima

Business: Local factory in Chamdor produces Biaxially Oriented Polypropylene (BOPP)
Holding 70% through Empowa Investments
Opportunity: Previously known as Treofan SA, Fima has been granted exclusive rights to sell their products into Africa and southern Africa. Today BOPP is a popular packaging solution which offers a wide variety of benefits including a unique combination of properties - stiffness, transparency, sealability, barrier and shine. Fima continues to offer a quality product in line with AIB and ISO certifications.

Cummins South Africa Power Generation

Business: Design and manufacture of globally competitive diesel generators
Opportunity: This partnership combines Cummins’ International reputation with Molete Nare’s competitive qualifications, market expertise and provincial sales capabilities. Together, the partnership presents a truly unique, scalable opportunity to leverage international quality in support of local people and local relationships.

Professional services sector

LexLegis

Business: Forensic services
Holding 26% through Empowa
Opportunity: By providing innovative and value-added solutions in a competitive yet growing market place, the company has the opportunity to become a leading provider to public and private sector institutions. Lexlegis specialises in the prevention, detection and investigation of economic offences. The firm has evolved into a multi-skilled enterprise with sound credentials.

PAST INVESTMENTS

Empowa Grinaker-LTA

The seven-year partnership was established through a 50% purchase of an Aveng Africa factory in De Aar in the Northern Cape. The partnership in the factory which produced concrete railway sleepers and turnouts was terminated in December 2009.

Control Installations and Repair Centre

Empowa Investments has a 51% equity in installing and refurbishing industrial valves for Sasol, Eskom and a number of leading mining houses. [duration of holding and reason for exiting]

Rockfibre SA

Empowa Investments held a 25,1% equity in the business which manufactures, markets and sells insulation to contractors who install these materials at construction sites, Eskom power stations and Sasol refineries.