MB Technologies is majority-owned by Royal Bafokeng Holdings (RBH), which manages and oversees a significant portfolio of the Royal Bafokeng Nation’s (RBN) investments.

RBH’s investment in MB Technologies forms part of its mandate to build a diversified portfolio of commercial assets for the Royal Bafokeng Nation. The primary role of RBH is to grow the nation’s asset base to ensure that the social entities of the RBN can continue to deliver benefits to community members on a sustainable basis.

To date, the Royal Bafokeng Nation – through its various corporate agencies – has undertaken and overseen infrastructural development (roads, water reticulation, sanitation, electricity and street lights) valued at more than R2 billion.

Some 49 schools have been built, as well as a sports stadium, municipal buildings, and the Bafokeng Plaza shopping mall. Informal settlements have been formalized as part of these initiatives.

RBH’s investment in MB Technologies has made it the largest black-owned unlisted IT distributor group in South Africa. This has in turn given MB Technologies’ customers the ability to maximise their Black Economic Empowerment credentials in technology purchases.