South Africa: De Beers Set to Unveil Big Empowerment Deal Today

Johannesburg — GLOBAL diamond giant De Beers is expected to announce black economic empowerment partners to its South African operations today.

In a general invitation to the media and analysts, De Beers Consolidated Mines (DBCM) said yesterday that chairman Nicky Oppenheimer and MD Jonathan Oppenheimer would make "an announcement of the most significant change of ownership of the company since its formation in 1888".

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