Tactic Group Limited – (“TGL”) is an unlisted public
company incorporated during 2003 in terms of the Companies Act of South
Africa. The Memorandum and Articles adopted at incorporation of TGL is
similar to that of a JSE listed public company.
TGL main business
is that of Investment Holding Company. The main objective of the company
has since incorporation remained unchanged and the company has purposely
pursued this objective. TGL provides a shared services hub of excellence
for its subsidiaries through the delivery and management of (amongst
others) financial, investment, risk, actuarial, legal and executive
functions. TGL also performs the treasury function for the Group. TGL
revenue is mainly derived from management and administration fees from
subsidiaries for the stated shared services, dividend income from
subsidiaries and investment income as treasurer of the Group.
has as investment strategy in sub-Saharan Africa (SSA) the following
Financial Services sector;
Own strategic investments for the benefit of TGL.
TGL foresees that in the following three financial years, the
Group will be in a strategic acquisition phase, whereby the main focus
will be to acquire current operational businesses in the three identified
sectors. These acquisitions, although initially expensive, will be of
carefully identified businesses that will fit into the Group culture, be
operational and have sustainable revenue stream, or, have the required
assets to generate such revenue stream with the input of TGL management.
Subsequent to purchase these acquisitions will be carefully nurtured and
grown in order to create real economic value for the benefit of the
TGL management team consists of a strong team of
professionals with in-depth knowledge of SSA and has significant
experience in strategy management, tourism, business restructuring,
mergers and acquisitions, project management, development and venture
capital investment, environmental protection, Public Private Partnership
(PPP) projects, consulting, BEE strategy development and implementation,
auditing (internal, external and forensic), financial management and
international business. TGL Board has the necessary skills, experience,
expertise and business know how to successfully steer TGL through the
implementation of the next three year phase of strategic acquisitions.