Mittal pulls back from BEE deal

« On the organisation of a piss-up in a brewery and whether the ANC government has the wherewithal to arrange one | Main | BEE lessons from Kumba »

September 26, 2011

Mittal pulls back from BEE deal

Steel producer ArcelorMittal South Africa's (Mittal's) controversial R9-billion black economic-empowerment (BEE) transaction with the Ayigobi Consortium, which includes a number of politically connected South Africans, has lapsed.

via www.engineeringnews.co.za

Brilliant!!! Money for jam hey Zungrabber - they've seen through you, just like the rest of the economy (all except our esteemed president).

Posted at 09:29 PM | Permalink

Comments

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

About

Paul Janisch

Search

About

Blog powered by Typepad

Sun	Mon	Tue	Wed	Thu	Fri	Sat
	1	2	3	4	5	6
7	8	9	10	11	12	13
14	15	16	17	18	19	20
21	22	23	24	25	26	27
28	29	30	31

Paul Janisch

Black Economic Empowerment Blog

September 26, 2011