PSG is a unique investment company that:
- Assists entrepeneurs to start and build out new businesses.
- Identifies innovative ideas at existing businesses.
- Acquires strategic stakes in established businesses with good management, long track records and positive cash flows.
Management endeavours to grow the company through strategic holdings predominantly in the financial services sector with the aim to strenghten PSG's recurring income. Core services provided by the PSG Group companies include:
- Asset Management
- Corporate finance/ Merchant banking
- Empowerment transactions
- Independent financial planning
- Local and offshore investments
- Private wealth
- Private equity investments
- Retail banking
- Stockbroking
- Short and long-term insurance broking
[For an overview of the different PSG Group companies and our strategic investments, see Group Overview]
PSG Group's strategies are centred around the following:
People
- Appoint competent people, and empower them through trust.
- Recognise their talents and efforts.
- Encourage all PSG employees to be shareholders.
- Deal with problems quickly and efficiently and spend the bulk of our time looking for opportunities.
Information and communication
- The best corporate governance and management information
- Clear, transparent, unambiguous communication with shareholders.
- Measure performance against stated objectives.
Day-to-day operations
- The PSG Group Executive Committee manages the group to:
- Raise, allocate and manage capital.
- Facilitate and enable transactions.
- Costs are tightly controlled.
- No red tape, hierarchies and bureaucracy - people in charge are encouraged to make decisions.