Royal Bafokeng Nation

RBN is located in the North West province of South Africa. The administrative capital, Phokeng is near the town of Rustenburg, around 150km from the major hub of Johannesburg. RBN has a financial asset value of $4 billion. This includes a majority shareholding in a platinum mining and refining company, Royal Bafokeng Platinum, and in on- and off-shore investments in the financial services, telecoms, property, infrastructure and transport sectors. Through the income from the Trust, the Royal Bafokeng Administration implements development programmes to improve the living conditions of Bafokeng, employs around 400 people and invests in roads, utilities, schools, clinics and other public amenities in the last decade.