Verimark concludes R29m BEE deal

November 8, 2005

Direct marketing company Verimark Holdings has concluded a black economic empowerment transaction by ensuring that 10.1 percent of its equity passes to Teba Development, a not-for-profit company working directly with rural communities in South Africa...

Teba Development is an established public benefit organisation active in rural development programmes in particular in remote rural communities in Eastern Cape, Free State and KwaZulu Natal.

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