The Mineworkers Investment Company (MIC) is a 100% black owned broad-based investment holding company. MIC identifies and invests in long-term cash-generative assets, which are able to generate sustainable dividend flow.

MIC (Mineworkers Investment Company)

The Mineworkers Investment Company (MIC) is a 100% Black-owned Investment Company established in 1995 by the Mineworkers Investment Trust (MIT) to create an sustainable asset base for the benefit of mine, energy and construction workers and their dependants.

MIC has a net asset value of over R7 billion and over the past 28 years has disbursed over R700 million to the MIT which has in turn advanced the money to fund its social development programmes.  This has funded over 3000 beneficiaries through tertiary education, over 600 per annum with workplace skills development through the Elijah Barayi Memorial Training Centre, and facilitated poverty alleviation and reskilling for many thousands more in rural areas through the work of the MDA.

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We know that “well-behaved women rarely make history”  but those who think outside the box certainly do. We’re not just following the rules, we rewriting them with every innovative idea. #womensday

In the heart of the financial world, there’s a movement that’s gaining momentum, driven by a belief that collaboration is not just a strategy, but the very vehicle for change and social impact. As an investment company that understands the power of partnerships to address the world’s most pressing challenges, we recognise that the path to sustainable growth and social progress is paved through collective effort. #CollaborateForChange

Together with the Mineworkers Investment Company (MIC), we’re selecting four innovative, black female-owned startups that are driven to grow and succeed. If your business is based in South Africa, 51% or more female-founded, and growing eXponentially, you could qualify for guaranteed funding and market access.
 
If you meet the criteria and would like to join the latest edition of the GrindstoneX programme, apply now: https://lnkd.in/dzjzBhNc
 
#FemaleEntrepreneur #opportunity #accelerator #startup #tech #innovation #womenintech #GrindstoneX #FemaleFounders #Leadership #BusinessSupport  

Catherine Young Cameron Burt Sam Stodel Lucie Fink Mineworkers Investment Company

Entrepreneurs see the world differently. Entrepreneurs are those extraordinary people who see opportunities hidden among the ordinary and everyday. Grindstone X, in collaboration with MIC, celebrates those who don’t just see the world for what it appears but what it can become. To learn more read here : https://lnkd.in/dzjzBhNc GrindstoneXL

Grindstone X, in collaboration with MIC, is an accelerator program for black female entrepreneurs. We partner with woman-led startups to help transform them into investment magnets. This initiative is a collaboration with woman-led ventures to fine-tune their businesses strategies, craft a dynamic go-to-market plan, evaluate their funding readiness, and build a robust network. To learn more read here:
https://lnkd.in/dzjzBhNc

Our recent investment into Chill Beverages marks MIC’s venture into high-growth areas, aligning with our vision for expansion and diversification. The collaboration aims to leverage Chill Beverages’ historic growth of over 20% per annum, tapping into a niche market with significant potential. This partnership is set against the backdrop of a burgeoning South African food and beverage market, projected to reach $44 billion by 2025, and reflects a broader trend of investing in resilient and cyclical businesses for sustainable growth. Read more about our new collaboration with Chill Beverages here: https://lnkd.in/d-TZ_tQM

Day 2: CV and cover letter workshop

Many graduates often overlook the importance of tailoring their curriculum vitae to align with the preferences of potential employers. This lack of awareness is evident when they experience frustration due to not receiving any feedback after submitting their job applications.

Established in 1997 by the National Union of Mineworkers, the JB Marks Education Trust Fund honours the legacy of activist John Beaver Marks by funding education for union members and their families. The Trust has produced over 1812 graduates to date, primarily financed through dividends from the Mineworkers Investment Company to its shareholder, the Mineworkers Investment Trust.

Nearly three decades since our founding we have the numbers to prove that change is possible. However, we understand that no single entity can reverse decades of economic exclusion alone. That’s why we champion collaboration as the vehicle for lasting change, bringing together diverse minds and resources to create a more equitable future for all. Read more in Gugu Lourie’s deep dive into the MIC story and our legacy of collaboration for change: https://lnkd.in/drRB2Wd4 /

MIC in collaboration with Alterra Capital Partners and Admaius Capital Partners, is proud to announce the acquisition of a significant stake in South Africa’s vibrant beverage innovator, Chill Beverages International Pty Ltd. We are excited to join forces with Chill, a flourishing name in South Africa’s beverage market. Here’s to a future that’s brewing with potential and overflowing with opportunity.

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MIC (Mineworkers Investment Company)