EMPOWERMENT
JSE-listed Barloworld Group shareholders have voted in favour of the company's broad-based black economic empowerment (BBBEE) share scheme, Khula Sizwe, following an extraordinary general meeting. The industrial brand management group on Friday, said this transaction will pave the way for it to increase its BBBEE ownership contribution by 14 percent, improving overall ownership to around 48%, excluding mandated investments.
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