Indian coal buyers struggle to find S.Africa partners

Indian industrial users are keen to invest in South Africa's coal mining sector but say they have been frustrated by the struggle to find suitable partners.

India imported just over three million tonnes of coal from South Africa in 2006 and is likely to take double that if it is available this year, Indian buyers attending an industry conference said.
Speaking on condition of anonymity, a number of would-be Indian investors said forming links with black-owned or black-controlled Black Economic Empowerment (BEE) producers was part of their frustration.

Read more at Reuters South Africa

Vodacom eyes R7.5bn BEE deal

South African mobile operator Vodacom is considering a black economic empowerment deal worth around R7.5bn, the firm said on Wednesday.

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