In 1997, Johnny Copelyn left the parliament to run HCI. By 2000, a number of financial institutions had lost trust in the investment company, and offered them an option to exit e.tv's control.[1]
In 2005, Cyril Ramaphosa (at the time of Johnnic) was involved in a failed bid to take over HCI's casino and real estate assets. HCI was bidding for majority control of the company, which was the investment fund's crown jewel back then.[2] Regulators approved HCI's takeover of Johnnic on 7 December, but with one condition, HCI would dispose of its control of the Gallagher Estate which houses the Pan-African Parliament.[3] In January 2006, four of Johnnic's directors, including Ramaphosa, resigned from the subsidiary.[4]
Marcel Golding resigned from his post on 22 October 2014, causing a 2% fall in shares at the Johannesburg Stock Exchange. His investment in Sabido, the subsidiary that ran e.tv at the time, lacked board approval[5] Barbara Hogan left a few days later, similar to what happened to Golding, after accusations of political interference on e.tv.[6] Fallout from these resignations caused e.tv's CEO Bronwyn Keene-Young to withdraw from her post.[7] On 1 December 2014, it announced that it would buy back 300 million rand from the management.[8]
In August 2022, HCI refused a proposal to become a minority shareholder in the Venus oil deposit off Namibia. It did however own an indirect 10% share, as HCI at the time had acquired 49,9% of British company Impact Oil.[9]