Absa Capital backs Valli Moosa firm

November 8, 2006

Absa Capital and Lereko Investments, an empowerment investment holding company, announced on Wednesday that they had concluded an agreement whereby Absa Capital acquired an equity stake in Lereko Investments — led by Dr Popo Molefe, Valli Moosa and Dr Lulu Gwagwa...

All partners held senior positions in the public sector before successfully pursuing careers in the business arena. They are joined by Monhla Hlahla, Murphy Morobe, Martha Molobi and Tsheko Ratsheko as Lereko's other shareholders.

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