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Founded in 1992 as a pioneering black-owned company, Thebe Investment Corporation (Thebe) opened for business in July 1992 with an initial capital investment of only R100 000. Sole shareholder at the time was Batho Batho Trust, a community based trust which included Nelson Mandela (Chairman), Walter Sisulu and Reverend Beyers Naude as original Trustees and Dr Enos Mabuza as the first Chairman of Thebe.

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