IS A BLACK ECONOMIC EMPOWERMENT COMPANY THAT AIMS TO INVEST IN IDENTIFIED HIGH GROWTH ECONOMIC SECTORS.
The shareholders of BLACKMAGiC are highly experienced, actively participating and involved in the business with successful track records of solid corporate experience at senior levels. Collectively they bring a pool of knowledge acquired at some of South Africa’s largest corporations.
BLACKMAGiC is primarily interested in investments where it can acquire not only a meaningful stake, but also actively participate in the management of the business where it has invested.
As part of its investment strategy, BLACKMAGiC Group will be guided by the following main principles in negotiating business deals:
• Linkage of the entity to BLACKMAGiC Group
• Long term commercial viability
• Growth prospects and ability to create value
• Ability to make Strategic and Management contribution
