News
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Volume 12 - May 2012
Zico on acquisition trail with growth in mind
Black-owned diversified investment Holdings Company expects to spend about R150m before year-end, on the prowl for acquisitions across sub-Saharan Africa.
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Volume 11 - April 2012
Zico invests in Nigerian business, Vital Products
Zico, a Black Economic Empowerment investment company chaired by Sandile Zungu, has partnered with RMB Corvest to acquire an interest in Vital Products, a manufacturer and importer of a range of food products in Nigeria. .
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Volume 10 - April 2012
Nedbank Capital funds BEE consortium to acquire a shareholding in Spring Lights Gas
Nedbank Capital is pleased to announce it recently co-led a consortium of funders to enable a Black Economic Empowerment (BEE) consortium led by Kwande Capital (Proprietary) Limited (Kwande Capital), together with Zungu Investments Company Proprietary Limited (Zico), to acquire a 51% shareholding in Spring Lights Gas (Propriety) Limited (SLG).
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Volume 9 - March 2012
Rockwell restructures its BEE transaction with AVR and acquires new mine as part of the agreement
March 19, 2012 Vancouver, BC – Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) is pleased to announce that it has reached an agreement with Africa Vanguard Resources (“AVR”) on a way forward with respect to the Company’s Northern Cape operations which includes an agreement to acquire AVR’s Jasper Mine property.
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Volume 8 - January 2012
Zico and Provantage team up
Johannesburg, January 2012 - Provantage is very excited to announce their partnership with Zico, a Johannesburg based Investment Company chaired by Sandile Zungu
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Volume 7 - December 2011
Zico Capital acquires stake in Innovation SA
Zico Capital (Proprietary) Ltd ("Zico Capital"), a Johannesburg based investment company chaired by Sandile Zungu, has acquired a 25% interest in Innovation Group SA, a leading provider of outsourced solutions. The business is a subsidiary of UK-listed multinational The Innovation Group plc (LSE: TIG.L).
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Volume 6
Restructure of Rockwell Diamonds
Africa Vanguard Resources (Pty) Ltd (“AVR”), the mining subsidiary of Zungu Investments Company (Pty) Ltd (“Zico”), is pleased to announce the conclusion of agreements with Rockwell Diamonds Inc.
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Volume 5 - October 2011
AutoZone Presents Suppliers of the Year Awards
AutoZone, the largest privately owned automotive parts retailer and wholesaler in Southern Africa,
held its inaugural dinner for its top 10 suppliers at the Grill House in Rosebank on Friday 9th September,
where it paid tribute to the 10 nominees.
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Volume 4 - July 2011
A solid partnership
In the fourth quarter of 2010, Zico – a well respected investment company – acquired 75% of VUYA! Investments,
Henkel South Africa’s BEE partner.
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Volume 3 - February 2011
Zico acquires 20% of Precrete
Investment holding company Zico Capital, which is chaired black business personality Sandile Zungu, has acquired a 20% stake in the
local premixed concrete producer Precrete-Nzola(Precrete)
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Volume 2 - November 2010
Zico Capital buys 75% of Vuya
Investments ZICO Capital, a Joburg-based black economic empowerment investment company, has bought a 75 percent stake in women empowerment
company Vuya! Investments.
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Volume 1 - 22 June 2010
Consortium Acquires Super Group's AutoZone
Monday, 21 June: Zico Capital, the investment company chaired by businessman Sandile Zungu, together with RMB Corvest and management,
has purchased a 100% interest in Autozone, a retailer and wholesaler of automotive parts.
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