Distell In 2000 Distillers' Corporation and Stellenbosch Farmers Winery merged to form Distell.
Distell employs approximately 4 400 people and has an annual turnover of R26.1-billion.
The Distell Group is South Africa and Africa’s leading producer and marketer of wines, spirits, ciders and other ready-to-drink (RTD) beverages, sold across the world. With a diverse portfolio of brands their products cater to a broad spectrum of consumers.
The diverse portfolio of award-winning alcoholic brands includes Amarula, Savanna, Hunter's Dry, Durbanville Hills and Nederburg. Their headquarters are located in Stellenbosch and their parent organisation is South African Distilleries and Wines (SA) Limited.
FirstRand Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers through its portfolio of leading franchises, which include FNB, RMB, WesBank and Ashburton Investments. FirstRand Bank Limited is a wholly-owned subsidiary of FirstRand Limited, and has a number of divisions, including Rand Merchant Bank (the investment bank), FNB (the retail and commercial bank) and WesBank (the instalment finance provider). FNB is one of the oldest banks in South Africa, and can be traced back to the Eastern Province Bank formed in Grahamstown in 1838.
Key highlights for the six months ended June 2019 include: Headline earnings were 5% higher to R27.9-billion. Basic and diluted headline earnings were also 5% better at 497.2 cents per share. FirstRand pointed to a normalised return on equity (ROE) of 22.8%. Income before tax was up 8% to R39.97-billion. Profit for the year up 5% to R29.44-billion. The group declared an ordinary dividend of 291 cents per share. First National Bank (FNB) continues to be the biggest driver of revenue in the group, making up 63% of the normalised earnings contribution – up from 60% in 2018.
Investec Starting out as a small finance company founded in South Africa in 1974, Investec has grown into an international organisation trusted to manage clients' assets worth more than £150-billion. Twelve years later Investec merged with Metboard, a trust company established in 1937. This added portfolio management, a participating mortgage bond scheme and an inhouse unit trust to the range of products and services offered by Investec and in the same year, 1986, Investec Holdings Limited (“Inhold”) listed on the JSE. In 1997, after a decade of acquisitions the Group restructured, with all banking operations falling under Investec Merchant Bank Limited. Investec Bank Limited was renamed Investec Group Limited and Investec Merchant Bank Limited was renamed Investec Bank Limited. Investec established an operation in Australia, acquired the Mauritian-based bank, Banque Privee
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25 YEARS OF SUCCESS
Edmond de Rothschild (Ocean Indien) Ltee and opened a representative office in Hong Kong. The Group established asset management operations in Botswana and Namibia and listings on the Namibian and Botswana Stock Exchanges followed. Investec Securities (Botswana) (Pty) Limited was registered and a license to trade was approved. On 11 January 2016 an investment vehicle, Investec Equity Partners, was created in which Investec holds a 45% stake alongside other strategic investors who hold the remaining 55%. Investec Principal Investments transferred certain portfolio investments to the value of R7.6-billion to Investec Equity Partners. In exchange, Investec received R2.5-billion in cash and 45% of the shares in Investec Equity Partners (R5.1-billion).