November 30, 2007

TeleTech overcomes BEE concerns

US call centre operator TeleTech says it has overcome fears about the country's prevailing broad-based black economic empowerment (BEE) policies and, despite "ridiculously" high telecommunication costs, it is investing "hundreds-of-millions" in expanding its footprint in SA. Read more...

Posted by StaffWriter at 7:19 AM | Comments (0)

October 5, 2007

BEE bill: 'No turning back'

Harare - The government said it was pressing ahead with legislation to seize a controlling share of foreign-owned mining interests in Zimbabwe, said reports on Friday. Read more...

Posted by StaffWriter at 8:43 AM | Comments (0)

October 4, 2007

BEE bill 'will help Zim'

Harare - The minister behind a new law which will place control of foreign-owned firms in Zimbabwe in the hands of local black bosses insists it will do more than create a new wealthy clique and benefit workers. Read more...

Posted by StaffWriter at 8:59 AM | Comments (0)

January 5, 2005

US firm gets BEE ball rolling

At a press conference on Wednesday at the Saxon hotel in Johannesburg, the Bokamoso Investment BEE consortium handed over an outsized cheque for R 38,6-m in exchange for a 26 % share in bearing company, Timken Bearing Services South Africa (TBSSA)...

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Posted by Bernie at 9:47 AM | Comments (0)