Kagiso Trust Investments (KTI) was formed in December 1993 by the Kagiso Trust as a vehicle to generate sustainable, long-term financial support (dividends) to Kagiso Trust for purposes of community development and to achieve true economic empowerment through active, operational involvement in underlying strategic investments.
Kagiso Trust owns 50.32% of Kagiso Trust Investments (KTI), which is now worth approximately R4 billion.
KTI was formed in1993 after the Kagiso trustees concluded that donor funding would be significantly reduced once there was a new dispensation and normalisation of politics was attained. The business was set up with a US$15-m from J.P. Morgan in the United States.
KTI's objective is to expand its capital through strategic investment in new or existing businesses. Its asset bas has been growing steadily and promises to be a significant player in business - especially black business in SA.
KTI has established several businesses inline with its focus and they are:
The Norwegian Pelagic Fishing Course in Week 2 Norway
This winter's best week for NVG herring, and still a lot of mackerel from the west.
We had the best week of the winter with as much as 31,700 tonnes in the record, where the bes...
The impact of catching half of Pacific saury Japan
The decline in the Pacific saury (Cololabis saira) fishery continues
Last year's national catch of saury or saury decreased by almost 30% from the previous year, reaching a record low for the secon...