South Africa: BBBEE Partner for Moneyweb

October 11, 2007
AltX-listed business and financial media company Moneyweb Holdings announced yesterday, Wednesday, 10 October 2007, that Isingqi Investment Holdings has acquired 25.1% of its equity, making Isingqi a broad based black empowerment partner. Isingqi's Lindikhaya Sipoyo will join the Moneyweb board of directors.
Moneyweb CEO and founder Alec Hogg said, "We have had many invitations over the years, but approached the idea of introducing an empowerment partner with considerable caution. Our patience has helped us avoid mistakes made by some BEE pioneers.

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