Mineworkers Investment Company (MIC) today announced the launch of MIC Khulisani Ventures, a R150 million (about $10.4 million) early-stage investment vehicle targeting black-owned innovative, high growth businesses in South Africa.

MIC Khulisani Ventures will invest in promising high-growth potential companies across all sectors, with the exception of primary agriculture and primary extractive industries. The focus is innovation, namely innovative products or services that disrupt tra...