@ A GLANCE

Who we are

Listed on the JSE on 3 May 1999, AEEI is a majority black-owned and black-controlled diversified investment holding company based in South Africa and is a subsidiary of Sekunjalo Investment Holdings (Pty) Ltd.

We have investments in fishing and brands, technology, events and tourism, health, and beauty, and biotherapeutics, all supporting Broad-Based Black Economic Empowerment (B-BBEE) and small, medium and micro-enterprises (SMMEs) as well as strategic investments, some with international partners.

Our purpose

We exist to empower previously disadvantaged individuals through job creation and maximising shareholder wealth generation through strategic investments.

Organisational overview

Fishing and Brands

FISHING AND BRANDS

Technology

TECHNOLOGY

Events and Tourism

EVENTS AND TOURISM

Health and Beauty

HEALTH AND BEAUTY

Biotherapeutics

BIOTHERAPEUTICS

Strategic Investments

STRATEGIC INVESTMENTS

Where we operate

Our primary market remains South Africa and we continue to expand our footprint into the rest of Africa. Outside of South Africa, we have a market presence in Asia, Dubai, Saudi Arabia, Spain, the United Kingdom, the United States, Ghana, Uganda, Zambia, Cameroon, Tanzania, Nigeria, Namibia, Kenya, Zimbabwe, Botswana, Ethiopia, Lesotho, Eswatini, Malawi, Mauritius, Côte d’Ivoire, France, Belgium, and Canada.

Our values and what drives us

Respect and trust

To always respect and trust: Fellow employees, customers, partners, and stakeholders.

Integrity

To always: Act with integrity in whatever we do based on our values, principles, our Code of Ethics, and our Code of Conduct.

People

To always: Respect fellow employees, partners, and all stakeholders and provide sustainable employment opportunities for our employees and others and create a safe and secure working environment.

To always:Develop, attract, and retain the correct skills and structures to achieve and support our strategic growth.

Commitment

To deliver: On our promises and add value beyond expectations.

Accountability

To have: Responsible and accountable leaders who address the expectations of our diverse stakeholders and embrace their responsibilities efficiently.

Stakeholders

To serve our stakeholders through: Good corporate governance, value creation and affordable products and services.

Investment

To stimulate: Investment in the areas of green enterprises, including social innovation and societal development.

What differentiates us

Our strategy and implementation plan with clear business focus areas
Diversified investment portfolio, strong brand credentials and proven delivery
B-BBEE partner of choice with solid empowerment credentials and return on investment
Sustainable and organic growth while containing costs and driving efficiencies
Our successful track record and excellent business reputation
Our resilient loyal employees, strong management team and experienced executives leading our business units with a hands-on approach
Our risk-based approach to the management of investments
A desirable balance sheet with a low debt ratio and significant cash reserves
Our strategic investment portfolio
Investment in environmentally friendly products
Proven transformation culture and results

The value we created

2022 2021 2020
Revenue (R’000) 2 333 470 2 339 169 3 427 579
Total assets (R’000) 6 029 757 6 449 826 7 211 679
Headline (loss)/profit (R’000) (182 452) (108 373) 4 554
Headline (loss)/profit per share (cents) (37.16) (22.07) 0.94
Permanent employees (number) 1 838 2 089 2 059
Remuneration and benefits paid (R’000) 564 214 793 162 746 757
Training and development (R’000) 7 712 7 781 12 575
Payments made to government
(VAT, income tax, rates, royalties and all other payments) (R’000)
227 256 250 865 373 108
Socioeconomic development (R’000) 21 143 30 740 17 466