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December 12, 2004

Black economic empowerment tops US firms' worry list in S. Africa

Black economic empowerment "negatively affected investment decisions," according to an overwhelming 74 percent of respondents surveyed by the American Chamber of Commerce in South Africa (AmCham). This grouping had grown from 54 percent last year. There is now more concern over local equity that crime...



JOHANNESBURG, Dec. 12 (Xinhuanet) -- Although American companies operating in South Africa were more positive about the local economy in 2004, there was now more concern over forced local equity than crime, a survey revealed on Sunday.


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Posted by Bernie at December 12, 2004 5:24 PM

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