Vuwa is an independent investment manager for the Vuwa / Old Mutual Equity Fund, specialising in South African listed equity. The Fund is focused primarily on PIPE (Private Investment in Public Enterprise) transactions.
In addition, Vuwa also invests in private and listed equity on balance sheet where we have a well established track record in investing.
The Fund holds the following investments:
- CITY LODGE
Through the vision of founder, Swiss-born Hans Enderle, and the financial backing of the Mine Pension Funds, City Lodge Randburg became the catalyst for what today is South Africa's leading selected hotel chain. After pioneering the quality, selected services hotel concept in South Africa, the group was incorporated in July 1986 and has since substantially grown and diversified its product offering to meet different travellers' needs.
In 1990, the second-tier Town Lodge concept was started and has proved highly popular. On 18 November 1992, the group successfully listed on the Johannesburg Stock Exchange. In 1995, the group acquired a 50% interest in the companies associated with the upmarket Courtyard Suite Hotel chain and also opened its first Road Lodge, a concept aimed mainly at budget conscious travellers.
With 6 Courtyards, 15 City Lodges, 10 Town Lodges and 21 Road Lodges, the City Lodge group has 6 272 rooms and suites and ranks amongst the 250 largest hotel chains in the world.
- CSG Holdings (Formerly M&S Holdings)
CSG Holdings is a listed industrial contract services group. The group provides outsourced personnel services, including recruitment and specialised staffing, facilities management which includes security, contract catering, cleaning and food services, and outsourced industrial and mining support services to a range of clients.
The company was formed by the merger of CSG Holdings and M&S Holdings and the business continues to be highly acquisitive with recent acquisitions being: ConinghamLee is a specialist recruitment and placement business and a number of security related businesses including 7 Arrows Security, Cubed Systems, Hi-Tech Laeveld, Hi-Tech Nelspruit and Hi-Tech White River.
The Rolfes Group (listed on the JSE) manufactures, purchases and distributes a wide range of market-leading, high-quality chemical products to more than 3,000 clients operating in diverse industries, including the coatings, plastics, ink, metallurgical, water filtration, cleaning, formulators, automotive, engineering, agricultural and construction industries.
- TRADELINK TEXTILE INDUSTRIES
Tradelink Textiles is a leading manufacturer of cotton t-shirts and pique knit golf shirts in Africa. The group's manufacturing operations are situated in George and Lesotho. The production process is fully vertically integrated and consists of several manufacturing operations, covering the full spectrum of textiles and clothing production, i.e. yarn spinning, fabric knitting, fabric dyeing and finishing and cutting and assembly of garments.
- WESIZWE PLATINUM
Wesizwe Platinum’s mission is to build and operate South Africa’s next platinum group metals mine at its Bakubung Platinum Mine situated in the the Western Limb of South Africa’s Bushveld Complex - one of the best unmined platinum assets in South Africa. While the project is still in construction, ongoing feasibility studies project that the mine has a potential to produce in the region of 350 000 ounces of Platinum within its lifespan of the next 35 years.