# Ora Capital

Ora Capital is an Asset Manager based in Bellville, South Africa.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Bellville, South Africa
- **Region:** Africa
- **Address:** Office L7-002 The View, 43 Old Oak Road, Tygervalley Health Care Centre, Bellville, Cape Town, 7530, South Africa
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** oracapital.co.za
- **LinkedIn:** https://www.linkedin.com/company/oracapital

## Regulatory record

- **Reports private funds:** No

## About

Ora Capital Limited is registered with SARS as a Venture Capital Company under Section 12J of the Income Tax Act. It is a licensed financial services provider and member of the Section 12J Association of South Africa. It offers investors an investment uncorrelated to conventional markets via a pooled portfolio of contractual cash flow businesses that generate predictable revenue, aiming for stable dividend returns and capital preservation.

## Sectors

- Enterprise Software
- Energy Transition & Renewables
- AgriTech & FoodTech
- PropTech
- Mobility & Transportation
- Robotics & Automation
- Media & Entertainment
- Security Services

## People

- Wynand Marais — CEO and Executive Director
- Abrie du Preez — Chairman and Non-Executive Director
- Bruce Chelius — Non-Executive Director

## Questions

### How does Ora Capital's Section 12J structure affect investor returns?

Ora is registered with SARS as a Venture Capital Company under Section 12J of South Africa's Income Tax Act, which means qualifying investors can deduct the full amount of their investment from taxable income in the year it is made. The incentive was designed to channel capital into unlisted South African businesses. Ora layers on an explicit mandate for contractual cash-flow businesses, aiming to couple the up-front tax relief with steady dividend distributions and capital preservation — a different profile from early-stage equity venture funds.

### What kind of companies does Ora Capital actually own?

The portfolio spans operational businesses that generate recurring or contractually predictable revenue. Confirmed holdings include Blue Ocean Mussels (aquaculture), Civil Defence Force (armed response), Glovent Solutions (estate-management software), Konig Coffee (office coffee-machine rentals), Thunderbolt (graphic-arts equipment supply), and Mobi G Industries (golf-cart manufacturing). The firm also co-invests in Magic Orange, a technology cost-management platform, alongside Collins Private Equity.

### Who controls investment decisions at Ora Capital?

Day-to-day investment execution sits with CEO and Executive Director Wynand Marais. The Investment Committee includes seasoned South African finance operators such as Steve (former Absa Group CEO) and Ian (a founding partner of the TBI group who previously led structured finance at Real Africa Durolink and ran the RAD Group's London office). Non-Executive Directors Abrie du Preez and Bruce Chelius provide board-level oversight.

### Does Ora Capital co-invest alongside external partners?

Yes. The firm has a disclosed co-investment relationship with Collins Private Equity on Magic Orange and partners with Broadreach Capital to fund and implement shared-savings energy-efficiency projects for retail, commercial, and industrial clients across South Africa. These arrangements allow Ora to access deals sourced by sector-specialist partners while retaining its pooled-fund structure.

### What is the relationship between Ora Capital and the TBI group?

Ora Capital operates inside the Trustee Board Investments (TBI) group, which was established in 1992. In 2017, Ora merged with TBI, and Ian — a TBI founding partner — became the group CEO. Ora's Chairman Abrie du Preez is also the non-executive chairman of TBI; Wynand Marais, Ora's CEO, holds executive director roles at TBI Properties and runs 670 Ventures, another TBI-affiliated entity.

### What is Ora Capital's known posture on renewable energy?

Energy efficiency and renewables form a stated pipeline priority alongside an active partnership model: the firm co-funded shared-savings contracts through Broadreach Capital and, as of its most recent public pipeline disclosure, had identified commercial and industrial-scale renewable energy production and energy-saving products as opportunities requiring aggregate funding in excess of R100 million.

## Related profiles

- [Oquirrh Ventures](https://altss.com/profile/oquirrh-ventures)
- [Oracles Investment Group](https://altss.com/profile/oracles-investment-group)

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Last updated: 2026-08-11T15:07:41.444Z

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