Andisa Capital closes BEE deal

21 November 2006 - 02:00
By unknown

Financial services company Andisa Capital has increased its black empowerment shareholding after parent company Standard Bank sold 34percent of its stake to management and investment group Safika Holdings.

Financial services company Andisa Capital has increased its black empowerment shareholding after parent company Standard Bank sold 34percent of its stake to management and investment group Safika Holdings.

Safika Holdings now holds 55 percent , management 25 percent and Standard Bank 20percent. - Staff Reporter with I-Net Bridge