Safika purchases 40% of Castle Cement in BEE deal

December 7, 2007
Safika Holdings had acquired a 40 percent stake of the independent cement blender, Castle Cement, for an undisclosed amount, the black-owned holding company said yesterday.
Themba Nyembezi, Safika corporate finance executive, said the company had entered into a strategic alliance with an option to increase its stake at a later stage.

Read More