Recent Headlines:
PPC sells 15% stake to black investors
Thabang Mokopanele - 29 August 2008
Trade and Industry Correspondent
SA’s largest cement maker Pretoria Portland Cement (PPC) has sold a 15% stake worth R2,7bn which will directly benefit 3,5-million black investors and have a minimum diluting effect on existing shareholders.
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Barloworld unveils R2,4bn BEE deal
Thabang Mokopanele - 13 June 2008
Trade and Industry Correspondent
BARLOWORLD, SA’s largest industrial group, which was criticised by the Public Investment Corporation (PIC) last year for being slow at transformation, yesterday announced a R2,4bn black economic empowerment (BEE) deal that would benefit employees, community service groups, an education trust and strategic black partners.
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