Could Abil’s failure be the beginning of the new era of economic empowerment?
Until now, economic inequality has been dealt with at the highest level through Black Economic Empowerment equity participation and at the lowest by microlending. Neither is a sustainable model. You can’t borrow money at a 10% interest rate to buy shares with a 3% dividend yield unless you’re in a sustained bull market. via www.bdlive.co.za […]
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