Sekunjalo Investments
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| Private | |
| Industry | Diversified investments |
| Genre | Private Equity |
| Founded | May 1996 |
| Founder | Iqbal Survé |
| Headquarters | Cape Town, South Africa |
| Subsidiaries | African Equity Empowerment Investments |
| Website | www.aeei.co.za |
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| Public | |
| Traded as | JSE: AEE |
| Industry | Diversified investments |
| Genre | Private Equity |
| Founded | April 2015 |
| Headquarters | Cape Town, South Africa |
| Revenue |
 R258.8 million (FY 2015)
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R45.9 million (FY 2015)
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R35.3 million (FY 2015)
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| Total assets | R1245 million |
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Number of employees
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2150 |
| Parent | Sekunjalo Investments |
| Website | www.aeei.co.za |
Sekunjalo Investment Holdings (parent company of African Equity Empowerment Investments) is a South Africa-based private equity firm specializing in acquisitions, PIPEs, and buyouts. It has principal operations in publishing, Internet, fishing, healthcare, pharmaceuticals, telecommunication, financial services, aquaculture, biotechnology, enterprise development, events management, travel. The company was founded by Iqbal Survé in 1996 with the aim of investing and assisting Black-owned businesses. In April 2015 all of Sekunjalo's investment's except it's 55% ownership in Independent Media SA was spun-off into a new company, still owned by Sekunjalo Investments, known as African Equity Empowerment Investments.
Sekunjalo's Investment model is to seek above average returns in their portfolio and to have scalable social impact especially on the African continent. The Group is committed to the "upliftment of previously marginalised groups by creating employment, emphasising development and transferring of skills."
In April 2015, Sekunjalo Investments Limited (SIL) was renamed, African Equity Empowerment Investments (AEEI) to avoid confusion with its mother company, Sekunjalo Holdings. Holdings became a privately held company whilst AEEI took Sekunjalo's publicly traded status on the Johannesburg Stock Exchange trading under the ticker AEE. Sekunjalo Investments kept its 55% stake in Independent News and Media SA but all other investments were spun-off into AEEI so as to "better reflect the underlying businesses and investments of the Group going forward and to differentiate from the private holding company." Founder Iqbal Survé stepped down from managing all investments held by AEEI so as to focus on the company's media holdings.
Sekunjalo Independent Media Consortium is a privately owned and separately controlled segment company that is not directly related to the publicly listed African Equity Empowerment Investments segment of the Sekunjalo Investments parent company. Sekunjalo holds 55% ownership of Cape Town-based Independent News and Media South Africa (INMSA) with the remaining ownership made up of Chinese and Public Investment Corporation of South Africa (a South African government owned company). Two Chinese State Owned Enterprises (China International Television Corporation and the China Africa Development Fund) invested R400 million in the deal to acquire 20% of the Newspaper. The Public Investment Corporation of South Africa invested R500 million to acquire a 25% share. The purchase of the South African-based media group from Independent News and Media was concluded in August 2013 for €150-million (R2 billion). According to the Mail and Guardian Sekunjalo Independent Media's 55% purchase of INMSA was largely funded with a loan from the government owned Public Investment Corporation and Government Employees Pension Fund.
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Wikipedia