September 9, 2009
Ubuntu Group marks fourth anniversary

For the financial year 2008/09, Ubuntu Group reviewed its performance based on previously set benchmarks specifically: Capitalization, Profitability, Membership, Product Diversity, Reputation, Operations, Pan-African Focus, Strategic Alliances and Research. The company’s strategic retreat, which was held at the Windsor Golf & Country Club, provided the following snapshot insights:

Ubuntu Group grew its capital base 2 ½ times compared to the previous financial year 2007/08. Despite the bearish economic turbulence experienced through the year, the company returned a 37% growth of shareholders’ funds.  The company diversified into real estate, thus helping to cushion the downward spiral experienced in the stock market.

Ubuntu Group grew its strategic alliances over the year in focus, partnering with Amana Capital as a financial advisor and thus being able to benenfit from unrivalled market research and insights.

The company is determined to carry forward this success story into the new financial year, 2009/10.