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 transactions and as a seed investor of the fund.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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