The Mineworker’s Investment Company (MIC) is a 100% black owned broad-based investment holding company that was established by the Mineworkers Investment Trust (MIT).
MIC identifies and invests in long-term cash-generative assets, which are able to generate sustainable dividend flow. The dividends ensure ongoing funding for the Trust’s social and educational projects.
Since 1995, we’ve invested in companies of all sizes and across various sectors, including financial services, health, leisure, business services, industrials, technology and media. However, we are always looking for new investment opportunities, particularly into highly innovative and original ventures.
We provide more than just funding. MIC is an active equity partner and beyond simply providing capital we offer strategic, board-level guidance on corporate governance and transformation.
We have paid more than R700 million in dividends directly to MIT in the last 27 years. MIT have in turn channelled these funds into various social development programmes, including education and training, poverty alleviation and micro-enterprise development. We also add further value through small business support, supplier development, and education projects of our own.
MIC values
Mutual Respect
We communicate directly and honestly, allowing everyone to express themselves without fear or favour, in a manner that respects their time and considers personality, circumstances, mutual priorities and the impact on the individual whilst engaging.
Striving for Excellence
We foster a high-performance culture that aims to go beyond the job description as a norm and is focused on delivering high quality outputs timeously. We act decisively and consistently, whilst responding rapidly to a changing environment. We build winning relationships that support our investee companies and give us a competitive advantage.
Act With Integrity
We always do the right thing even in difficult circumstances. We treat everyone we engage fairly while consistently delivering on our verbal and written commitments within and outside the organisation.
Commitment to Transformation
We boldly and directly communicate and practice MIC’s commitment to transformation both internally and externally, while proactively and consistently helping and educating our partners to address transformation challenges.
Social Consciousness
We actively support social upliftment projects aimed at addressing the social injustices of the country, whilst acting responsibly in both our commercial and social endeavors, with an understanding of our social context, and creating a positive and supportive work environment for employees and other stakeholders.
Fostering a Supportive Team Culture
We work together towards a common, well-articulated goal that is understood by both individuals and the team. We reach out and support each other in times of need and celebrate individual and collective wins together.