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April 25, 2008

Vodacom names preferred empowerment partners

Vodacom has named its preferred partners for its long-anticipated, multibillion-rand black empowerment deal. They are Royal Bafokeng Holdings and Thebe Investment Corp.

The BEE transaction will be comprised of the following three groupings: all Vodacom SA staff (25%), broad-based black public and Vodacom black business partners (30%), and broad-based partners (45%).

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Posted by StaffWriter at April 25, 2008 7:59 AM