Mineworkers Investment Company

The Mineworkers Investment Company (MIC) is a 100% black-owned broad-based investment holding company established by the Mineworkers Investment Trust. Its goals include identifying and investing in long-term cash-generative assets for sustainable dividend flow, which funds social and educational projects. The company's philosophy emphasizes mutual respect, excellence, integrity, and social consciousness. MIC operates with the core principle of transforming lives through strategic investments. Its investment thesis focuses on long-term partnerships, engagement in boards, and transformation within investee companies. The key focus areas include poverty alleviation, education, vocational training, and entrepreneurship, with a beneficiary base of approximately one million people. The firm's net asset value has grown to R6.6 billion, and it has disbursed over R700 million to the Mineworkers Investment Trust for social development programs. Key industries of investment include financial services, technology, and media, among others. Overall, MIC aims to make impactful investments that contribute positively to society.