Selective Empowerment Investments 1 (SEI 1) is an investment company, which was established to offer the small retail investor an opportunity to invest in JSE-listed shares without incurring large fees.
SEI 1 is also a vehicle that serves Broad-Based Black Economic Empowerment (BBBEE), and we pride ourselves in meeting the aims of BBBEE by providing affordable access to Africa’s leading stock exchange.
Our shareholders encompass all aspects of the South African economy and society and we are therefore truly creating an investment vehicle for the people, by the people.
Established in 2007, we boast over 26 000 shareholders across all LSM groups, located throughout South Africa and select southern African countries.
Our primary investment objective is to provide our investors with relatively high long-term capital growth. We invest in listed and unlisted instruments (equity and debt), collective investment schemes and money market investments in order to maximise the return for our shareholders.
SEI 1 SUBSIDIARIES
SEI 1 FINANCIAL
The SEI 1 Financial Services team focuses on investing in technology-driven innovation in financial infrastructure, products, services, and their distribution.
We aim to be a long-term partner to the financial services companies we support—with growth and expansion capital, sector knowledge, and our regional expertise and presence.
We invest in local and independent financial institutions. We believe the financial services sector is an important component of a well-diversified portfolio.
We are hands-on business partners, and work closely with management to help unlock opportunities and address their challenges.
Our mission is to invest in technologies to rapidly transform our food and agriculture system. farming practices must protect the long-term productivity of the land, but must also ensure profitable yields and the well-being of farmers and farm workers.
SEI 1 Agri was created to address this need by investing in innovative food and agriculture technology companies who are commercialising the necessary solutions and actively collaborating with strategic partners.
We’re focusing on the biggest problems faced by society today, combining our investing and operating expertise with our passion for sustainable change. We aim to be a driver of growth through agriculture.
SEI 1 AGRI invests in innovative food and agriculture technology companies across a wide range of sectors and stages around Southern Africa.
As early investors and active board members, we employ a hands-on approach to building companies and are often directly involved in setting company strategy, recruiting key executives and raising additional capital.
Our overriding strategy is to provide growth capital and acquire a minority stake in high growth innovative financial services companies. We assist these companies with hands on involvement, to help build the businesses into assets of value.
SEI 1 MANU
SEI 1 MANUFACTURING will make controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.
The firm leveages over two decades of high long-term capital growth to catalyze the creation of world-class, South African industry-leading companies. South Africa’s economy is highly diversified, with services and manufacturing as the dominant broad sectors.
SEI 1 MANUFACTURING creates value for its investors by working constructively with talented management teams to make businesses better.
We generate investment returns by structurally improving the strategic position, competitiveness and profitability of our portfolio companies, rather than primarily relying on financial leverage.
Funding industry 4.0. The decreasing cost of sensors, computing power and networks are leading to a situation where some ideas and products that would not have been imaginable a couple of years ago are now becoming feasible. SEI 1 Manufacturing provides its portfolio companies with the capital necessary to support organic growth initiatives involving capacity expansion, equipment upgrades, r&d and new product development initiatives.
SEI 1 SERVICES seeks to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems.
SEI 1 SERVICES invests in companies that offer differentiated and valued solutions to the many challenges facing traditional businesses across a broad range of industries. Through our investments we preserve and protect.
We seek equity in companies with the ability to generate superior business growth through product or service innovation, strong sales management and integrated brand marketing excellence.
We invest in broad range of industries including; auto-related services, distribution & logistics, facility services, information services, insurance services and marketing services.
We focus our investments on South African intellectual property, management teams or companies who are seeking expansion capital for growth both in South Africa and the SADC region. We work collaboratively with management teams to take your business to the next level of profitable growth.
BOARD OF DIRECTORS
(CA) SA, BCom, BCom Honours
Independent, Non-Executive Director (Board Chairperson)
Meriam has a solid working experience in the accounting and auditing industry which spans over 20 years. A qualified chartered accountant and a member of the South African Institute of Chartered Accountants. She joined EY as a trainee accountant and continued as an auditor until she became a senior manager: servicing several large listed and private corporations. She then joined international energy group, BP Southern Africa as Assurance, Risk and Controls Manager with specific responsibilities for financial management and business controls, risk management, ethics & compliance and governance & reporting. In these roles, she has designed and implemented self-assurance and an interventionist process for the organisation. The role is a mix of both strategic and operational components. She has also worked as Chief Financial Officer for Blueprint Group (Pty) Ltd, an advertising and marketing agency overseeing the full financial function of the group. The diverse nature of her working experience; client mix as well as the geographic spread have provided her with a broad set of skills necessary to carry out her duties. Meriam was previously Audit Committee Chair and Board Member of AEP Energy Africa and she is currently Audit Committee Member of South African Institute of Professional Accountants.
BCom (Statistics) (University of Pretoria)
Non-Executive Director (Deputy Chairperson)
Tiro was previously employed at Absa as an economist in the group economic research division. He spent time at Investec Private Bank, followed by a move to Standard Bank, where he joined the card division working as an analyst. Tiro rose through the credit ranks and was instrumental in building a provisioning model for the credit card division, which also included Diners Club. He was also executive assistant to both the chief executive and head of credit for personal markets at Standard Bank. He is an entrepreneur having started various businesses.
DR SIHLE SICELO SIBIYA
PhD (IT)-DUT; MSc (Computer Science); BSc Hons (Computer Science); BSc (Computer Science)
Dr Sibiya holds a Doctor of philosophy degree in Information Technology from Durban University of Technology. He also holds a BSc (Honours) and master’s degree in Computer Science from the University of Zululand. He has more than 10 years’ experience, during which time he has held various roles including candidate technologist, engineer, knowledge applicator, database developer, systems developer, ICT manager, chief engineer, business development manager, executive: systems integration and managing director. He has a solid track record with experience in using advanced research, analysis, strategic planning, leadership, conflict management and negotiation skills to successfully develop business initiatives while maximising profit, minimising costs and driving continuous change. Sihle is also an academic, with a number of his academic articles published in the field of Computer Science and Information Technology. He is a founder of a company called Top-Up Solutions Trading and Projects (TUSTP).
MPHIKELELI SOLOMON TSIE
BSc (Actuarial Science and Mathematical Statistics); BSc (Hons) (Actuarial Science) (University of the Witwatersrand)
Solly has experience in investments, including investment management, investment consulting, investment operations and client services. He has worked for large, medium and small financial services firms where he assumed various roles spanning from technical investment to client and business management. He also has experience in providing actuarial services to retirement funds and long-term insurance companies.
B.Proc (University of Limpopo), PGD in Contracts (University of Johannesburg).
Mokgadi Mogokare is an admitted Attorney and Conveyancer of the High Court of SA with more than 15 years of experience in litigation, corporate governance, business and risk management. Over the years she worked in corporate environment, served as a Magistrate of the District Courts, served on different Boards, Audit Committees and other Tribunals. She has been priviladged to be exposed to different governance structures of both public and private entities. She holds a B.Proc Degree, Post Graduate Diploma in Contracts and several other Certificate courses in management. She is finalising her LLM in IT Law.
BCom (Rhodes), Hons B.Compt (UNISA)
M.Phil Dev Fin (Stellenbosch University), CA (SA)
Mazvita is a Chartered Accountant (SA) & experienced financial management professional with focus on B-BBEE Advisory, Corporate and Development Finance, Financial Reporting, Fund & Investment Management and Strategy working across multiple industries in Southern Africa. Mazvita is responsible for the development and implementation of SEI 1 Limited's strategy in conjunction with the Board. Prior to joining SEI 1 Limited, Mazvita held numerous roles in the transaction advisory, M&A, Investment holding and professional services space.