Home | About | Link        Procurement Jobs | BEE News  

Join for free

Useful Links


« Zimbabwe allows BEE policy to lapse for now | Main | SAP denies BEE about-turn »

February 4, 2008

Backtrack on BEE deal is likely - SAP

Software maker SAP South Africa is likely to backtrack from its previous plans to increase its black shareholding to 30 percent as it is evaluating other empowerment prospects.

Last year SAP, one of the first international companies to sell shares to black investors, restructured its local operations into two separate entities: SAP South Africa and sub-Saharan Africa.

Read More

Posted by StaffWriter at February 4, 2008 8:15 AM