October 2011 - Page 3 of 3 - Transform SA - The leading Transformation Magazine

Aon South Africa unveils BEE deal

6 October 20116 October 2011 Saki Mabhele

Financial services and insurance group Aon has unveiled a black economic empowerment (BEE) deal that will see the Vurhonga Consortium acquire a 25.1% shareholding in Aon’s South African business for an undisclosed sum. The consortium consists of BEE investment company Read the full story

BEE firm enters seaborne ore market

3 October 2011 Saki Mabhele

An agreement between Kumba Iron Ore and Burk Mining will see the latter become the first black-empowered mining company to enter the seaborne iron ore market, through the port of Saldanha. The agreement makes provision for iron ore from Burk Read the full story