Thebe hopes to resolve stake valuation dispute before Shell exits SA
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GUEST – Rapulane Mabelane, Chief Investment Officer at Thebe Investment Corporation
Thebe Investment Corporation has remained cautiously optimistic that the dispute over the evaluation of its 28% stake in Shell Downstream South Africa (SDSA) will be resolved within the next three months by arbitration as the two-year period after which its notice to sell its shareholding would have lapsed.
How BEE arrangements with multinationals work
GUEST - Israel Noko, CEO of NPI governance consulting
When multinational companies do business in South Africa, Broad-Based Black Economic Empowerment or B-BBEE is one of their biggest challenges, with the ownership element being the greatest obstacle, mainly due to a global practice/policy that limits the Sale of Equity.
Thebe Investment Corporation has remained cautiously optimistic that the dispute over the evaluation of its 28% stake in Shell Downstream South Africa (SDSA) will be resolved within the next three months by arbitration as the two-year period after which its notice to sell its shareholding would have lapsed.
How BEE arrangements with multinationals work
GUEST - Israel Noko, CEO of NPI governance consulting
When multinational companies do business in South Africa, Broad-Based Black Economic Empowerment or B-BBEE is one of their biggest challenges, with the ownership element being the greatest obstacle, mainly due to a global practice/policy that limits the Sale of Equity.