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October 29, 2007

Tata Africa invests R3bn in SA

Tata Consulting Services (TCS) intends to create a long-term footprint in SA and sell 25% of its shareholding to a local black economic empowerment (BEE) partner.

The company is part of the $29 billion global Tata Group, which will invest R3.5 billion in its South African business. TCS focuses on IT consulting, software development and business process outsourcing.

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Posted by StaffWriter at October 29, 2007 11:22 AM