R1,8m dividend for Ukhamba shareholders

November 1, 2005

Ukhamba Holdings, the black economic empowerment (BEE) shareholder of Imperial Holdings Limited, on Tuesday announced the distribution of its first dividend of R1,8-million to 15 000 previously disadvantaged employees of the Imperial group...

Ukhamba, which acquired 10,1% (valued at R2,8-billion) of Imperial in March last year, is a broad-based investment company that empowers a significant number of Imperial's previously disadvantaged employees.

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