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SAWIMIH is an investment company focused on empowering women in urban and rural areas of South Africa. With a business focus on mining and related investments, the company also provides procurement opportunities and strategic partnerships. Shareholders are required to provide their profiles and attend annual general meetings. The company is structured with SAWIMIH owning 15%, SAWIMA owning 60%, shareholders owning 5%, and an incentives scheme owning 20%. The board includes Chairman Shirley Mabusela, CEO Noluthando Langeni, and other directors. Current investments include Incwala Resources, Exxaro Resources, Blue Chip Mining, and more. Pending deals include a diamond deal and coal farms in KZN.
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SAWIMIH PRESENTATION BY NOLUTHANDO LANGENI 0N THE 18 08 2010
INTRODUCTION • SAWIMIH – was registered in October 2003 • Is an Investment Company for Women in both urban and rural areas through out the nine Provinces of the RSA. • SAWIMIH is registered as a –PTY LTD company , and duly compliant and observes all the Company Laws of the Country and Corporate Governance • Is an empowerment vehicle for women • Women subscribe for shares • The number of shares is directly proportional to the amount paid
BUSINESS FOCUS • Mining • Related Investments • Procurement opportunities • JV’s in Companies with similar synergies
REQUIREMENTS FROM SHAREHOLDERS • Shareholders to provide their profiles to the Company • Shareholders to submit the names of the beneficiaries • To attend Annual General Meetings • To keep proof of payments for Shares
STRUCTURE • SAWIMIH 15 % SAWIMA 60% SHAREHOLDERS 05% INCENTIVES SCHEME 20% STRATEGIC PARTNERSHIP
THE BOARD • Chairman Shirley Mabusela • CEO Noluthando Langeni • Fin.Dir Phumeza Ntisana • Director Alice Phatudi • Director Zukiswa Mkatu • Director Melody Kweba • Director Lucy Ngwabeni • Director Keliboni Mokuena • Company Sec Thabo Kwinana
INVESTMENTS • Incwala Resources • Exxaro Resources • Money Box (Coal Project – JV with Keaton Energy • Blue Chip Mining • Sasol Inzalo Shares • Sasol Public Shares • O’Gradys Paint • 3 Platinum Farms – Limpopo • 7 Iron Ore and Manganese – N/W & N/C PENDING DEALS Jaggersfontein Diamond Deal- Free State- Short Listed 10% in 22 Coal Farms in KZN Project Falcon.
CONCLUSION THANK YOU QUESTIONS INVITED.