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The KTE Investment Committee is comprised of some of
the sharpest and most innovative business development professionals
in the country. Together they present a formidable combination of skills
and experience ranging from critical investment analysis to shrewd economic
and social development strategy. Current KTE board members serving on
the Investment Committee are:
Yunus Mohammed
Chairperson of KTE and Kagiso Trust, Deputy-Chair of Kagiso Trust Investments, board member of the Airports Company of South Africa, the Fisheries Commission, The Transitional National Development Trust and Chairperson of CBF Holdings. Mr Mohammed is an attorney in training and has also successfully completed an MBA.
J J Njeke
Managing Director of Kagiso Trust Investments, and Director of Kagiso Media, Kagiso Ventures and Kagiso Financial Services. Mr Njeke is a chartered accountant by training.Eric Molobi
Chairperson of Kagiso Trust Investments, Director of Liberty Life and First National Bank, CEO of the Transitional National Development Agency. Mr Molobi is an educationalist by training.
FUNDAMENTALS OF KTE EQUITY PARTICIPATION
Should the Investment Committee decide in favour of
partnering a specific high potential small or medium-sized business,
the following monitored, carefully supported KTE business growth cycle
comes in effect:
unlock value=grow
company=implement exit strategy.
KTE EXIT STRATEGY
Once the loan has been repaid in full, the business is entitled to buy out KTE’s share at the market value by repurchasing the shares. In the case of Equity Participation deals, the intention would be to try to list the business on the Johannesburg Stock Exchange. A specific exit strategy for KTE will be agreed upon with the partnered company at the commencement of the relationship.