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Old Mutual approves new black empowerment share scheme.

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Qualifying Black South Africans – including lower-income earners and Old Mutual employees – will now be able to buy the insurance giant’s shares at relatively low prices through its newest black empowerment-focused ownership scheme, Bula Tsela (‘pave the way’ in Sesotho).
Old Mutual shareholders approved the broad-based black economic empowerment (B-BBEE) ownership scheme on Friday, 12 August.
15 Aug 2022 11PM English South Africa Business News · Investing

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