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September 3, 2010
Hollow power
AFTER knuckling down for five months, the Johannesburg Stock Exchange has made public a report that reminds us that all black South Africans have attained so far is political, not economic power.
The findings chillingly reveal that black South Africans own a paltry 18percent of the JSE-listed top 100 companies. While black ownership composition of the exchange is largely seen as a barometer of the country's economic progress and transformation, those of a darker hue haven't really stepped up to the plate.
Posted by StaffWriter at September 3, 2010 8:06 AM