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Monthly Archives: November 2008
GM warns of cash crisis next year
New York – US car maker General Motors warned Friday that it would run out of cash in the first half of next year unless economic and market conditions “significantly… Read more
Private equity deals hampered by hazy rules – Webber
Contradictions between the black economic-empowerment (BEE) codes and the Department of Trade and Industry’s (DTI’s) Interpretive Guide to the BEE codes was a “huge business impediment” that has restricted a number of private equity deals, corporate law firm Webber Wentzel said on Monday.