A jackpot for stakeholders

RMB Corvest has sold The Olwethu Trust's stake in Tandem Capital, resulting in a payout of R33million to 5000 employees, R29million of which went to black employees. Tandem Capital is an empowerment investment group that was controlled by The Olwethu Trust. The beneficiaries of the trust are the employees of companies in which RMB Corvest and Tandem Capital had equity stakes. - I-Net Bridge

RMB Corvest has sold The Olwethu Trust's stake in Tandem Capital, resulting in a payout of R33million to 5000 employees, R29million of which went to black employees. Tandem Capital is an empowerment investment group that was controlled by The Olwethu Trust. The beneficiaries of the trust are the employees of companies in which RMB Corvest and Tandem Capital had equity stakes. - I-Net Bridge

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