BEE Investments

Just prior to the Workforce Holdings 2006 listing, Vunani acquired a 20% BEE shareholding in Workforce Holdings, which is held via Verbicept.
Workforce Holdings’ core business is the placement of temporary staff. Over the last five years it has also been growing a number of related human capital services including training, workplace health and employee financial services. Pre the Covid-19 lockdown Workforce Holdings had over 30 000 staff placed across some of South Africa’s largest corporate names. Workforce Holdings has also been expanding into other African countries where there are significant opportunities.
VCP holds a 2,34% interest in African Legends, which in turn is the 15% anchor BEE shareholder in Astron Energy (rebranded from Chevron when it disposed of its shareholding to Glencore).