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December 2, 2008

Absa, Vunani list BEE fund

Absa Capital and Vunani Capital had listed NewSA, South Africa's first black economic empowerment (BEE)exchange traded fund (ETF), the firms said yesterday.



NewSA, a joint venture between Absa Capital and Vunani Capital, is the first product to offer an investable BEE financial instrument.

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Posted by StaffWriter at December 2, 2008 9:30 AM