Sithega on the prowl for second investment transaction
Thabo Dloti’s black-owned and managed investment vehicle aims to build up a financial services portfolio
15 March 2020 - 21:51
Sithega Financial Services, the controlling shareholder of financial services group Prescient Holdings, is targeting its second investment transaction in the first half of 2020, Stellar Capital says.
In April 2019, investment holding firm Stellar Capital, which has a 19.4% stake in Prescient, invested R54m in Sithega as part of Prescient’s broad-based BEE (BBBEE) transactions and as a seed investor of the fund...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.