Incwala’s vision is to become a diversified flagship for BEE in the South African mining sector, enabling widespread participation by H D S A in the country’s mineral wealth.

With its strong balance sheet, Incwala is well positioned to pursue further growth and development in the sector as the consolidation opportunity presents itself. Whilst the focus remains within the PGMs sector, the company will be opportunistic outside this sector and in pursuing the company’s vision Incwala is committed to

	Operate under strong corporate governance – Incwala will be professionally managed to the benefit of all stakeholders
	Maintain and build its HDSA credentials – Incwala will use its empowerment status as a strength to create opportunities
	Act as consolidator for existing BEE deals – Incwala can create liquidity for other empowerment transactions
	Use its financial muscle as a competitive advantage – Incwala’s strong equity base will improve access to local and international capital markets