Richards Bay Minerals in BEE deal
South African miner Richards Bay Minerals has unveiled a black economic empowerment plan that will see 26% of the company being transferred to local communities, empowered investment groups and an employees' trust in a deal worth about R4.5-billion.
Isithimela to get Gautrain on track
Bombardier Transportation UK and local black economic empowerment company Strategic Partners Group have launched Isithimela Rail Services, a new company that will be responsible for laying the track works in South Africa's Gautrain rapid rail link project.
BT unveils R27m empowerment deal
UK-based multinational telecoms company BT has unveiled an empowerment deal under which Sekunjalo Investments will acquire a 30% stake in the company's South African business for R27-million.
Sea Harvest in empowerment deal
Tiger Brands has accepted an offer of R541-million from a consortium led by empowered investment company Brimstone to acquire a 73.16% stake in Sea Harvest, in what will be the largest empowerment transaction to date in South Africa's fishing industry.
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