Super Group’s BEE gets the nod
Listed-transport giant, Super Group, has won the approval of its shareholders who have “unequivocally” supported its black-empowerment initiative that would result in Peu Investment Group and black employees acquiring 25,1% of Super Group.
Investec's R500m BEE deal
JSE and London listed investment banking group Investec has entered into a landmark empowerment deal which will see a consortium of black staff and BEE partners take a 25.1% stake in its South African business.
  • A wholly black owned and managed investment holding company, with strategic investment in the financial services, fleet lease and automotive, and information technology sectors.
  • Focuses on companies with significant global potential and proven leadership.