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South Africa’s transformation drive under scrutiny as JSE black ownership remains low | Collector
South Africa’s transformation drive under scrutiny as JSE black ownership remains low

South Africa’s transformation drive under scrutiny as JSE black ownership remains low

There were replacement transactions at Old Mutual and Absa, with FirstRand, Sanlam and Capitec retaining black ownership. But Standard Bank and Nedbank have less than 1% black ownership – not having concluded BEE transactions for a decade

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