Who we are. How we do it.
We reflect the spirit of an African approach to human ethics that embrace honesty, trust, respect, care and empathy to those we associate with. Working together to create wealth.
Power Matla, a local South African black owned investment company with diverse interests in Renewable Energy, Mining, Manufacturing and Transportation. Since its inception in 1999 when the company acquired an interest in Desta Transformers, in 2007 acquiring a 25.1% share in Powertech Transformers, Power Matla’s investments have grown. The investment base includes a stake in Orion Minerals (Australia) and Wabtech. Other investments include PuRK Energy and Vintage Energy Africa. In 2018 Power Matla acquired a 51% share of SGB-SMIT POWER MATLA and SGB-SMIT CALIDUS with the sale of Powertech Transformers from Altron.
A Power Matla led consortium recently acquired 25% of Wabtec Holdings SA, the South African subsidiary of US based NYSE listed Wabtec Corporation, a leading global provider of equipment, systems, digital solutions, and value-added services for freight rail, transit, mining and marine industries. The group comprises the old GE Transportation and Westinghouse Airbrake Technologies.
Power Matla owns 60% of the consortium and has a effective 15% equity interest in the business.
To be the strategic partner of choice to do business within South Africa and the rest of Africa.
To provide good shareholder value through investments in entities with solid returns.
We carry out all our business in a professional and respectable way.
We reflect the spirit of an African approach to human ethics that embrace honesty, trust, respect, care and empathy to those we associate with.
We engage with our partners with openness and transparency.
We deeply believe in empowerment of the previously disadvantaged communities of our country and endeavour to contribute to their improvement through black economic empowerment statutes and other avenues available to us.