Communities increase shareholding in local forestry business - KZN Industrial & Business News
1 Articles
1 Articles
Communities increase shareholding in local forestry business - KZN Industrial & Business News
MARKING a significant milestone in the transformation and inclusive growth of the forestry sector, SiyaQhubeka Forests (SQF), in partnership with Mondi South Africa and Safcol, has officially transferred an increased equity stake to its community empowerment partners SiyaQhubeka Community Trust (SQT).The shareholding transfer sees SQT increase its stake from 5.4% to 15.4%, ensuring that local communities play an even greater role in the forestry…
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