SPX completes economic-empowerment partnership transaction

Posted on Sep 28, 2013 in Featured News, News | Comments Off on SPX completes economic-empowerment partnership transaction

Johannesburg, September 05, 2013: A majority black-owned investment business, Kapela Holdings, and its broad-based partner Disability Empowerment Concerns Trust has bought a 25.1% stake in New York-listed SPX Corporation’s South Africa-based flow technology business. The broad-based black economic-empowerment deal would see Kapela executive chairperson Israel Skosana and director Daphne Motsepe appointed non-executive directors of SPX Flow Technology in South Africa. “SPX businesses have been active in South Africa for over 30 years and the strategic sale of a minority stake in our South...

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Zensar, Kapela Holdings and The Tomorrow Trust join hands in South Africa

Posted on Sep 28, 2013 in Featured News, News | Comments Off on Zensar, Kapela Holdings and The Tomorrow Trust join hands in South Africa

Zensar, Kapela Holdings and The Tomorrow Trust join hands in South Africa. The new Company aims for multi-segment leadership by 2017 Pune, India, September 11, 2013: Zensar Technologies Ltd has announced today that an agreement has been reached with a majority black owned investment business Kapela Fund 1 (Kapela) and The Tomorrow Trust to set up a new Broad Based Black Economic Empowerment company in South Africa wherein Zensar will be the majority shareholder of the Company expanding Zensar’s presence in South Africa with services in many areas to new customer segments. Dr Ganesh...

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Kapela Holdings concludes deal with Marsh South Africa

Posted on Feb 11, 2013 in Featured News, News | Comments Off on Kapela Holdings concludes deal with Marsh South Africa

Kapela Holdings and its Broad-based Empowerment partner DEC (Disability Empowerment Concerns Trust) have concluded an investment transaction with Marsh South Africa. “What really drew us to Kapela was their integrity. They have a track record in rolling up their sleeves. They are a partner that wants to be involved.” Marsh Africa CEO, Jurie Erwee. Marsh, a wholly-owned subsidiary of Marsh & McLennan companies (NYSE: MMC) completed, early in 2012, the acquisition of Alexander Forbes Brokerage Business. Marsh South Africa business includes Alexander Forbes (AF) South African...

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Kapela Holdings buys 40% BEE stake in XON

Posted on Sep 15, 2012 in Featured News, News | Comments Off on Kapela Holdings buys 40% BEE stake in XON

h3. Kapela Holdings buys 40% BEE stake in XONs   Privately held XON, an ICT solutions company, has concluded a BEE deal with Kapela Holdings, which gains a 40% stake in XON for an undisclosed cash amount. Read More

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BDO sells empowerment stake

Posted on Sep 15, 2012 in Featured News, News | Comments Off on BDO sells empowerment stake

Accounting and consultancy firm BDO South Africa has announced that Kapela Holdings, a majority black-owned investment company, has purchased a 30% stake in BDO South Africa Advisory Services for an undisclosed sum.

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