Johannesburg Consolidated Investment Company Ltd (JCI

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Johannesburg Consolidated Investment Company Ltd (JCI

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Dates of existence

1889-2011

History

The Johannesburg Consolidated Investment Company Ltd (JCI) was founded in 1889 by the British entrepreneur Barney Barnato and became leading force in the South African mining, property and engineering sectors for over a century and a significant role player in the growth of Johannesburg as the country's economic heart. With the advent of South African democracy in 1995, the business was divided into three parts. The mining side was incorporated into a vehicle for Black Economic Empowerment under a new Chairman, Mzi Khumalo, under the name JCI Ltd. The property and investment operations became Johnnic Communications and the platinum interests were moved to Amplats. JCI Ltd was later taken over by Brett Kebble, and after allegations of fraud and mismanagement, was wound down in 2011.

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