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May 19, 2011
Walmart prioritises transformation as a core company value
A question that a lot of people are asking right now is: what does it mean for a local company's broad-based black economic empowerment (BBBEE) policies when it gets bought out by a foreign investor?
It's a question which I happen to know is taxing quite a few minds in a town called Bentonville, Arkansas. I know this because we at Transcend, a Johannesburg-based transformation, empowerment and social responsibility consultancy, have been advising Walmart for some time on the empowerment and transformation aspects of its planned takeover of Massmart.
Posted by StaffWriter at May 19, 2011 9:44 AM