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May 26, 2008

ABIL in second BEE deal

African Bank Investments Limited (ABIL), the country's biggest microlender, said on Monday that implementation of its second black economic empowerment transaction will commence in June/July with the planned finalisation by early September 2008.

The transaction, which has been approved by the ABIL board, will focus primarily on the Ellerines permanent employees working for the South African operations.

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Posted by StaffWriter at May 26, 2008 11:36 AM