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NEWS
Black-owned firm buys majority stake in Hollard-backed Lega
The deal forms part of plans by Hollard and its shareholders to encourage greater black participation in SA’s financial services sector.
Sithega, a black-owned and managed investment holding company, has purchased a 62% stake...
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NEWS
Prescient in deal to boost black ownership
Financial management and investment company Prescient has entered into a BEE deal that will boost the company’s black ownership to 69%. It announced on Thursday that it is increasing the interests of both its staff and its strategic BEE partner Sithega...
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NEWS
Sithega Concludes its Acquisition of a Controlling Stake in Prescient Holdings
Sithega, a black-owned and black-run investment holding company, announced today that it had concluded its acquisition of a controlling equity stake in Prescient Holdings, an award-winning global financial services group, after receiving...
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NEWS
Former Liberty Chief Dloti set to shake up asset management
Former Liberty CEO Thabo Dloti, who left after clashing with the board about the insurer’s strategic direction, has made a comeback, with a plan to shake up the asset-management industry in which black participation is still minimal. Investment
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