Safika Holdings is an international investment company with roots in South Africa and a growing number of investments in financial services, mining, agriculture, transport, telecommunications, aerospace, education and health.
The company is respected for the active role it plays in the companies in which it invests, and its ability to add value to investments across a wide range of industries. It does this by fostering talent and encouraging initiative at all levels.
Founded in 1995, shortly after South Africa’s transition to democracy, Safika has played a distinguished role in furthering the South African government’s policy of Broad-Based Black Economic Empowerment (B-BBEE) which seeks to transform the South African economy by encouraging the economic participation of black people. The company has developed a strong reputation for ethical management and respectful engagement with its partners and consequently it has attracted a range of businesses seeking to broaden their B-BBEE shareholding.
South Africa’s Standard Bank – Africa’s biggest lender by assets – and Safika have reciprocal shareholdings and the two companies maintain a close working relationship. Safika’s strong ties to Standard Bank have allowed it to take a long-term view and significantly expand both the nature and geographical scope of its investments.