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August 15, 2008
BEE financier under fire
Makalani, the flailing JSE-listed empowerment financier, has been attacked by angry shareholders for failing to put together a plan to haul itself out of the dumps.
It has been a rapid fall from grace for Makalani, which listed in April 2005 and was owned by Rand Merchant Bank (RMB) and empowerment groups WDB Investment Holdings, Thesele and Tamela.
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Posted by StaffWriter at August 15, 2008 2:28 PM