The Mineworkers Investment Company (MIC) is a broad based BEE investment company established by the Mineworkers Investment Trust (MIT) in 1995 to make profitable commercial investments, achieve workplace transformation and the funding of social development programmes. MIC currently has assets under management over  R2 billion.

MIC started in 1995 with R3 million seed capital for the benefit of mine, energy and construction workers and their dependants. Since inception, MIC has disbursed R368 million directly to MIT, including the single largest disbursement made to date by an empowerment company to its trust of R245m in 2008. These funds have been utilized by the MIT to fund its social development programmes in the areas of education, poverty alleviation and micro-enterprise development.

MIC was awarded the Business Map & Business Report - 2006 Top BEE unlisted company, and the Barloworld / Wits Business School top 2008 BEE deal (Primedia) and runner-up (Peermont). It was also awarded the Best Established BEE business ,and top CSI awards at the Black Business Quarterly awards in 2009.  MIC is the single biggest shareholder in Eastvaal Motor Group and their other investments include stakes in Primedia, FirstRand, BP, Tracker, Peermont, Masana Petroleum Solutions, Setpoint Holdings, Izazi Solutions, General Electric South Africa Transportation (GESAT) and MSA Africa. Its investment in Eastvaal is part of the group’s strategy of diversifying its current investments into new sectors, such as the motor sector.