The company is well positioned in the marketplace and is broadening and intensifying positions in carefully selected investment areas. Safika has a presence on five continents.
Safika’s business philosophy is to take active roles in the companies in which it invests and to vigorously add value to the enterprises. Its management style is designed to foster talent and encourage initiative at all levels.
In 2004 Standard Bank, South Africa’s largest banking institution became a shareholder in Safika and the two companies work closely. Safika’s non-executive chairman Saki Macozoma is a former deputy chairman of Standard Bank.
Safika was founded in 1995 and and grew into a widely respected investment house led by Nelson Mandela’s former economic advisor, Moss Ngoasheng. and an executive team that has Safika expanding in a troubled world economic climate in which others are struggling.
The company has a distinguished board of directors with a wealth of business experience.
Safika plays a successful and distinguished role in the South African government’s Black Economic Empowerment (BEE) policy. Because it is 66 per cent black-owned and has an excellent reputation for efficiency and ethical behaviour, Safika is the preferred partner for a wide range of businesses seeking to broaden their shareholding in terms of government policy designed to ensure that South Africans disadvantaged in the past are brought into mainstream business life. Safika’s reputation for sound management, its awareness of the South African investment and trading environment and its strong financial position attracts investment opportunities from many sectors.