Founded in 1992 as a pioneering black-owned company, Thebe opened for business in July 1992 with an initial capital investment of only R100 000. A sole shareholder at the time was Batho Batho Trust, a community based trust which included Nelson Mandela (Chairman), Walter Sisulu and Enos Mabuza and Reverend Beyers Naude as original Trustees.
Thebe Investment Corporation is an African Company that came into being shortly before South Africa’s formal political transition to democracy, setting new norms and changing the face of business by establishing a socially embedded company that uses its business success to transform lives, and make a difference in our communities.
The future of TIC is articulated in Vision 2020, which focuses on the African Renaissance. The Energy and Resources division will strengthen its focus on the key growth areas of energy, resources, power, infrastructure as well as water. The Services Division seeks to become a facilitator of world class services for South Africa and the rest of the continent by participating in the following sectors travel & tourism, media, food & logistics, and property.