Non-executive chairman’s report
Chief financial officer’s review

CREATING
SHARED VALUE

FOR SUSTAINABLE OUTCOMES

African Equity Empowerment Investments Limited is a leading black economic empowered JSE-listed company that creates value for its stakeholders through its innovative and sustainable business model, concise strategy, diverse product portfolio, through our subsidiaries, associates and strategic investments, complemented by our experienced and empowered leadership team focuses on stakeholder wealth creation as well as our communities.

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responsible investments

PRODUCTS AND SERVICES PROVIDED BY THE GROUP

FISHING
AND BRANDS

EVENTS AND
TOURISM

HEALTH
AND BEAUTY

BIOTHERAPEUTICS
 

TECHNOLOGY
 

STRATEGIC
INVESTMENTS

Premier Fishing is the largest black owned and controlled fishing company in the South African fishing industry and has been in existence since 1952.

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The events and tourism division offers events management and travel solutions as well as a medium wave commercial music radio station.

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The health and beauty division comprises businesses that supply an extensive range of natural products to the agriculture and food sectors and distribute internationally renowned cosmetic brands to spas, beauty salons, specialist chains and retailers.

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Research and development of biopharmaceuticals and biosimilars for commercialisation.

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The technology division offers a range of solutions suited to health care and laboratory systems, hospital and pharmacy information systems, and includes software development, system integration and related services.

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The Group’s strategic investments consist of equity in British Telecoms South Africa (Pty) Ltd (BT).

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WHERE WE OPERATE

AEEI’s primary market remains in South Africa and we continue to expand our footprint into the rest of Africa. Outside South Africa we have a market presence in Asia, Europe, Dubai, Saudi Arabia, Spain, the UK, the USA, Ghana, Uganda, Zambia, Cameroon, Tanzania, Nigeria, Namibia, Kenya, Zimbabwe, Botswana, Ethiopia, Lesotho, Swaziland, Mozambique, Madagascar, Malawi and Mauritius.

Hover/tap an area on the map to see the country.
Uganda
Ghana
Cameroon
Zimbabwe
Nigeria
Zambia
Tanzania
Kenya
Namibia
South Africa
Dubai
United Kingdom

Dear Stakeholder

African Equity Empowerment Investments Limited (AEEI, the Company or the Group) completed the third year of its five-year strategy, and accordingly this report will address our performance for the year under review.

During the past year, our strategic plan was refined slightly as we reflected on our strategic focus areas, hence our 2018 integrated report will also focus on our Vision 2020 Vision.

Our 2018 integrated report reflects our achievements, our successes and journey as well as adapting to our five-year strategic plan in order to continue towards realising our Vision 2020 Vision.

How to read this report

Our integrated report provides information that enables our stakeholders to make an informed assessment of our ability to create sustainable value. The aim of this report is to clearly and concisely tell the story of AEEI, who we are, what we do and how we create value. This report documents our strategy, business model, opportunities and risks as well as our performance against our strategic objectives and governance, in a way that gives stakeholders a holistic view of the Group and our future prospects.

Additional information

Our integrated report is supplemented by our full suite of online publications, which caters for the diverse needs of our stakeholder base and includes:

  • Our online report
  • Full corporate governance report
  • Full sustainability report
  • Full responsible investments report
  • Full consolidated annual financial statements
  • Responses to the GRI G4 Sustainability Reporting Guidelines
  • King IV Report on Corporate Governance™ for South Africa 2016 (King IV™)
  • Notice to the annual general meeting

These can be accessed on our website: www.aeei.co.za.

Share code: AEE

ISIN: ZAE000195731