AEEI is a diversified investment holding and empowerment company. It has investments in fishing and brands, technology, events and tourism, health and beauty, and biotherapeutics, all supporting Broad-Based Black Economic Empowerment (B-BBEE) and small, medium and micro-enterprises (SMMEs) as well as strategic investments, some with international partners. Due to our diverse portfolio, our growth strategy continues on an upward trajectory.
AEEI was listed on the JSE on 3 May 1999 and is a majority black-owned and black-controlled investment holding company based in South Africa and is a subsidiary of Sekunjalo Investment Holdings (Pty) Ltd.
WHERE WE OPERATE
AEEI’s primary market remains in South Africa and we continue to expand our footprint into the rest of Africa. Outside South Africa, we have a market presence in Asia, Dubai, Saudi Arabia, Spain, the United Kingdom, the United States, Ghana, Uganda, Zambia, Cameroon, Tanzania, Nigeria, Namibia, Kenya, Zimbabwe, Botswana, Ethiopia, Lesotho, Eswatini, Malawi, Mauritius, Côte d’Ivoire, France, Belgium and Canada.
OUR MISSION STATEMENT
African Equity Empowerment Investments Limited is a diversified Company that empowers people through profits and partnerships.
OUR VALUES ARE WHAT DRIVES US
| RESPECT AND TRUST | To always respect and trust: Fellow employees, customers, partners and stakeholders |
| INTEGRITY | To always: Act with integrity in whatever we do based on our values, principles, our Code of Ethics and our Code of Conduct |
| PEOPLE | To always: Respect fellow employees, partners and all stakeholders and provide sustainable employment opportunities for our employees and others and a safe and secure working environment. Develop, attract and retain the correct skills and structures to meet and support our strategic growth |
| INVESTMENT | To stimulate: Investment in the areas of green enterprises, including social innovation and societal development |
| STAKEHOLDERS | To serve our stakeholders through: Good corporate governance, value creation and affordable products and services |
| ACCOUNTABILITY | To have: Responsible and accountable leaders who address the expectations of our diverse stakeholders and embrace their responsibilities with efficiency |
| COMMITMENT | To deliver: On our promises and add value beyond expectations |
WHAT DIFFERENTIATES US
| Our strategy and implementation plan with clear business focus areas |
| Diversified investment portfolio, strong brand and credentials and proven delivery |
| B-BBEE partner of choice with solid empowerment credentials and return on investment |
| Sustainable and organic growth while containing costs and driving efficiencies |
| Our successful track record and excellent business reputation |
| Our strong management team and experienced executives leading our business units with a hands-on approach |
| Our risk-based approach to the management of investments |
| A desirable balance sheet with a low debt ratio and significant cash reserves |
| Our strategic investment portfolio |
| Investment in environmentally-friendly products |
| Proven transformation culture and results |
THE VALUE WE CREATED
| 2021 | 2020 | 2019 | |
| Revenue (R'000) | 2 339 169 | 3 427 579 | 2 377 368 |
| Total Assets(R'000) | 6 449 826 | 7 211 679 | 7 454 311 |
| Headline earnings (R'000) | (84 946) | 4554 | 495 565 |
| Headline earnings per share (cents) | (17.30) | 0.94 | 100.89 |
| Operational cash flow (R'000) | (197 860) | 199 642 | 143 144 |
| (Loss)/ Profit before tax (R'000) | (180 849) | 111 155 | (2 388 102) |
| Total gross dividend to shareholders (R'000) | 196 408 | 147 307 | 83 474 |
| Permanent employees | 2 089 | 2 059 | 2 201 |