Nedbank celebrates BEE share scheme

October 7, 2005

Nedbank (NED) has welcomed a new generation of shareholders at a celebration for participants in the Nedbank Corporate Client Share Scheme, which is part of the Nedbank Group black economic empowerment (BEE) transaction. The function took place at Nedbank's head office in Sandton last night...

The initiative forms part of the overall unique black economic empowerment transaction of the greater Old Mutual Group, in which stakeholders in Nedbank's business participate, including two broad-based empowerment consortia, Nedbank employees and Nedbank clients. The empowerment transaction was announced on 19 April this year, and approved by
shareholders on 22 July.

... read more

If a link does not open, right click on it and select "open in a new window"

What do you think about this article? You can air your views in the space provided below.