Playing the "once-empowered, always-empowered" game

13 Nov 2006

Fin24.com reports that if the "once-empowered, always-empowered" principle is applied to Naspers' Media24 and Multichoice SA BEE share offers, black investors will be "allowed to sell to non-blacks without white companies losing their BEE credentials," according to Vuyo Jack, a director of BEE rating agency Empowerdex. For more, click here.