« KBR Announces New Managing Director for South Africa | Main | De Beers in R400m BEE deal »

February 22, 2008

Anglo deal to boost BEE groups in SA

ANGLO American has laid its apartheid-era history to rest after sealing a deal with the South African government to transfer ownership of some of its assets to black empowerment groups.

The government gave Anglo, one of the world's largest mining groups, until next year to transfer ownership of 26% of its assets to black communities.

Read More

Posted by StaffWriter at February 22, 2008 7:15 AM