BEE deal in the pipeline at de beers

09 February 2007 - 02:00
By unknown

Diamond giant De Beers is working on another black empowerment deal that is expected to be announced by President Thabo Mbeki in his state of the nation speech today, said an industry source. De Beers finalised a R3,7 billion deal last year to bring black investors into its South African business unit. The latest deal will be extended to the actual mine operations. - I-Net Bridge

Diamond giant De Beers is working on another black empowerment deal that is expected to be announced by President Thabo Mbeki in his state of the nation speech today, said an industry source. De Beers finalised a R3,7 billion deal last year to bring black investors into its South African business unit. The latest deal will be extended to the actual mine operations. - I-Net Bridge