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Rio Tinto may lose black partners

MONEYWEB
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A move that would leave it below the legal minimum for Black ownership.
By Loni Prinsloo, Bloomberg
14 May 2021
14:09
Image: Chris J. Ratcliffe/Bloomberg
Rio Tinto Groupâs South African operation is facing the loss of a large bloc of Black investors, a move that would leave it below the legal minimum for Black ownership, two people familiar with the situation said.
The main investors in Blue Horison Investments Ltd., which holds 24% of Rio-controlled titanium producer, Richards Bay Minerals, have told Rio they want to be permitted to to sell a stake they value at R5.5 billion ($393 million) or have it bought out by RBM, the people said. ....

South Africa , Richards Bay , Kwazulu Natal , Bradley Reddy , Blue Horison Investments Ltd , Rio Tinto , Rio Tinto Group South African , Richards Bay Minerals , Economic Empowerment Commission On , Rio Tinto Group , South African , Broad Based Black Economic Empowerment Commission , Zulti South , ரிச்சர்ட்ஸ் வளைகுடா , க்வஸூல்யூ நேட்டல் , ரியோ டின்டோ , ரிச்சர்ட்ஸ் வளைகுடா தாதுக்கள் , ரியோ டின்டோ குழு , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,

Rio Tinto may lose black partners in South Africa

Black investors are frustrated by the suspension of dividends and community opposition that stymied expansion plans. ....

South Africa , Bradley Reddy , Rio Tinto , Economic Empowerment Commission On , Broad Based Black Economic Empowerment Commission , Zulti South , ரியோ டின்டோ , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,

Rio Tinto faces loss of key bloc of black investors

Loni Prinsloo
The mining company Rio Tinto may lose a large bloc of black investors.
The main investors in Blue Horison Investments, which holds 24% of Richards Bay Minerals, have told Rio they want to be permitted to sell a stake they value at R5.5 billion.
The black investors are frustrated by the suspension of dividends.
Rio Tinto s South African operation is facing the loss of a large bloc of black investors, a move that would leave it below the legal minimum for black ownership, two people familiar with the situation have said.
The main investors in Blue Horison Investments, which holds 24% of Rio-controlled titanium producer, Richards Bay Minerals, have told Rio they want to be permitted to sell a stake they value at R5.5 billion or have it bought out by RBM, the people said. ....

South Africa , Richards Bay , Kwazulu Natal , Bradley Reddy , Rio Tinto , Economic Empowerment Commission , Richards Bay Minerals , Blue Horison Investments , South African , Broad Based Black Economic Empowerment Commission , Zulti South , ரிச்சர்ட்ஸ் வளைகுடா , க்வஸூல்யூ நேட்டல் , ரியோ டின்டோ , பொருளாதார அதிகாரம் தரகு , ரிச்சர்ட்ஸ் வளைகுடா தாதுக்கள் , நீலம் ஹாரிசன் முதலீடுகள் , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,

B-BBEE event focuses on skills development to bring more people into the economy

B-BBEE event focuses on skills development to bring more people into the economy
17 March 2021 6:26 PM
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The Broad-Based Black Economic Empowerment Commission (B-BBEE) hosted its annual conference.
This year s theme is Skills Development: What is at stake? . One of the focus areas of the conference was skills development.
B-BBEE Commissioner Zodwa Ntuli explains more.
We saw that it is an opportunity for us this year to focus on skills development particularly because it is a priority element of B-BBEE.
Zodwa Ntuli, B-BBEE CommissionerÂ
It measures the extent to which companies both in the private and public sector are developing their own employees and also individuals that are outside of their employment to give them skills that will enable them to participate in the economy. ....

Zodwa Ntuli , Skills Development , Economic Empowerment Commission , Broad Based Black Economic Empowerment Commission , திறன்கள் வளர்ச்சி , பொருளாதார அதிகாரம் தரகு , பரந்த அடிப்படையிலானது கருப்பு பொருளாதார அதிகாரம் தரகு ,