Overview

In December 2003 the directorates of Mvelaphanda Holdings (Proprietary) Limited and Rebserve Holdings Limited conceived of the idea to create South Africa’s leading BEE group through the merger of certain of the businesses and assets of Mvelaphanda Holdings and Rebserve. One year later, on 13 December 2004, this idea became a reality when the merger was implemented to form Mvelaphanda Group Limited.

Mvelaphanda Group has combined the stature and entrepreneurial reputation of the Mvelaphanda Holdings’ brand and team, as well as the prospect of substantial BEE deal flow, with the cash-generative base and proven operational and transactional skills of the former Rebserve and its management. This win-win Merger has enabled the cash generated from the Group’s services operations to be utilised in financing, and securing financing for, the major BEE and other transactions which Mvelaphanda Group anticipates concluding in the ongoing transformation of the South African economy.

Mvelaphanda Group is listed on the Johannesburg Stock Exchange (code “MVG”).