Mittal pulls back from BEE deal

Steel producer ArcelorMittal South Africa's (Mittal's) controversial R9-billion black economic-empowerment (BEE) transaction with the Ayigobi Consortium, which includes a number of politically connected South Africans, has lapsed.

via www.engineeringnews.co.za

Brilliant!!! Money for jam hey Zungrabber – they've seen through you, just like the rest of the economy (all except our esteemed president).

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