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Artículo

19 Ago 2004

Autor:
I-Net Bridge [So. Africa]

Sappi transfers farm in BEE [Black Economic Empowerment] initiative [So. Africa]

[So. Africa]: Sappi agreed to the sale of the 2,200 hectare farm as part of its long- standing strategy to create empowerment opportunities at grass roots level in the communities where it operates...The sale of the property, recently acquired by Sappi and sold for the same amount that it was bought for, has been financed through Afgri Capital and the Land Bank, both companies that are actively involved in black empowerment initiatives in South Africa...