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Re: justhere post# 78717

Sunday, 11/09/2008 9:54:27 AM

Sunday, November 09, 2008 9:54:27 AM

Post# of 82105
South Africa also has huge coal deposits. The energy sector contributes 15% of the GDP of South Africa. SA is a significant coal exporter. The white owned companies in South Africa are now required to divest themselves of 25% or more of their assets to black empowerment groups under the Black economic empowerment (BEE) act. This to be completed over the next 5 years.