Article
Empowerment: What black empowerment means for BP - Landmark partnership deal [South Africa]
...promoting empowerment is both the right thing to do and makes business sense...Recently we took a dramatic step forward by taking into our South African company - BP Southern Africa (Pty) Limited (BPSA) - black empowerment partners. These partners will hold an equity stake giving them 25% shareholder voting rights and three seats on the board.