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August 26, 2009
Arabella defends further development
The Arabella golf estate near Hermanus and the empowerment trust it created for five impoverished Overberg communities have argued that the further development of the luxury estate would not only provide enormous economic and social benefits to the region, but would also be good for the environment.
The German-owned Arabella South Africa Holdings and the Arabella Community Trust, a broad-based black economic empowerment (BBBEE) vehicle created by Arabella, put their cases to Western Cape High Court judges Willem Louw and Lee Bozalek this week.
Posted by StaffWriter at August 26, 2009 10:23 AM