Khulasande, which means to grow and multiply, is dedicated to the growth of South Africa through Broad-Based Black Economic Empowerment.We are a credible, commercial BEE partner. If you are a South African enterprise wanting to grow, we can help you do so.
Khulasande I is a partnership between the Entrepreneurship Development Trust (EDT) and the Bud Group.
EDT is a charitable trust with Black beneficiaries focusing on the development of the South African economy through educational and entrepreneurial activities.
The Bud Group is a diversified business of scale and relevance operating across chosen platforms including, Chemicals and Minerals, Industrial Services, Building Materials, Financial Services and Industrial Supplies.
The Bud Group is present in 9 provinces in South Africa and operates in 12 countries in Africa.
Khulasande II was created as a partnership between Investec Limited and the EDT.
Investec provides a wide range of financial products in South Africa through its Specialist Banking, Asset Management and Wealth and Investment divisions.
Your enterprise will enjoy a competitive advantage due to us being a B-BBEE vehicle with access to funds and the backing of prominent investment teams in the country.
Khulasande Capital Founder & CIO
Sthembile Nkabinde
Sthembile Nkabinde is the founder of Khulasande Capital. She is a qualified chartered accountant and has 9 years auditing, corporate finance, leverage finance and private equity experience. After qualifying with PricewaterhouseCoopers, Sthembile joined the corporate finance division of Investec. She later joined the Private Capital team dealing with debt and equity funding in the unlisted space.
Investment Executive
Farieza Essop
Farieza is a qualified attorney with over 9 years’ experience in private equity transactions. After completing articles at De Klerk & van Gend attorneys, Farieza joined Standard Bank as a legal advisor and thereafter joined the Structured Finance mergers and acquisitions team. Farieza joined Investec in 2008, working as a senior legal advisor on debt, private equity and tax structured transactions.
Investment Committee Member
Fani Titi
Fani Titi is the founding CEO of Kagiso Media and the founding chairman of the private equity firm Tiso Group. He is currently the chairman and Joint CEO designate of the Investec Group.
Investment Committee Member
Stephen Koseff
Stephen Koseff is the CEO of the Investec Group, as well as non-executive director of the South African Banking Association. Stephen was former non-executive director of the Bidvest Group and the JSE, as well as former chairman of the Independent Bankers Association.
Investment Committee Member
Ishara Ramsunder
Ishara Ramsunder is the founder and CEO of Catalytic Advisory. She is a qualified chartered accountant and has over 20 years of local and international experience ranging from auditing, corporate finance, leverage finance, private equity and debt capital markets. She serves as a non-executive director of Idwala Industrial Holdings.
Investment Committee Member
Vincent Langlois
Vincent Langlois was employed at Investec Bank in 2001 in the Private Equity Division as a Consultant; in November 2009 he was appointed Head of Principal Investments Division. He was the IEP Group CEO from January 2016 to June 2017. He is a qualified CA (SA) with a MBA from Wits Business School.
The EDT is a partner in Khulasande I and Khulasande II
The EDT is an active and credible development vehicle for delivering innovative entrepreneurial activity and educational enrichment that contributes to South Africa’s upliftment.
The value created in Khulasande will contribute towards benefiting the EDT and therefore uplifting its beneficiaries.
The Bud Group is a partner in Khulasande I.
The Bud Group is diversified business of scale and relevance operating across chosen platforms including, Chemicals and Minerals, Industrial Services, Building Materials, Financial Services and Industrial Supplies.
Investec is a partner in Khulasande II.
Investec is an international specialist bank and asset manager that provides a diverse range of financial products and services to a select client base in three principal markets: the UK and Europe, South Africa and Asia/Australasia.
Investec focuses on delivering distinct profitable solutions for its clients in three core areas of activity, namely: Asset Management, Wealth & Investment and Specialist Banking.
Bud Chemicals and Minerals has established itself as a major operator in the manufacturing, importing, stocking and distribution of chemical products.
The Group encompasses the following leading companies:
Bud Industrial Services was created through the integration of a number of South Africa’s oldest and most established industrial brands. Group companies include:
Tarsus is a leading technology solutions provider. Tarsus offers its customers the highest quality products, solutions and professional services including supply chain optimisation, cloud-based solutions, IT security services, compliant disposal of IT goods and electronic goods.
Itec is a leading provider of a comprehensive suite of business solutions. Itec is a trusted partner that aims to deliver simpler, smarter solutions that improve your business efficiency.
ClaytonCare is a sub-acute rehabilitation medical group providing comprehensive inpatient treatment and care.
Dartcom SA is a specialist distributor and provider of value-added services in the telecommunication sector and is the country’s premier specialist distributor of radio frequency, fibre optic communications technologies, batteries and related accessories.
EDT’s objectives are to give back to the nation by providing educational and entrepreneurial enrichment to previously disadvantaged South Africans.
Promaths offers extra tuition for Grade 10, 11 and 12 learners in Soweto, helping them improve their performance in Maths and Science. The Promaths model, in partnership with other funders, has seen 12 years of extraordinary results and currently funds eight centres across South Africa.
The impact the programme is having on the children and the larger communities in which they operate is inspiring. To date, over 5 000 school children have been through the programme.
This initiative provides students with scholarships to study at Johannesburg’s best high schools. Students who show academic excellence and are in financial need are identified and supported.
EDT provides young and upcoming entrepreneurs with the opportunity of getting exposure to other entrepreneurs and start-ups in global hubs such as San Francisco, Helsinki, and Detroit amongst others. They do this by exposing them to leading expertise in various fields, enabling them to develop networks that contribute to their personal and business growth.
The EDT has affected over 70 young entrepreneurs through this initiative.
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