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African Equity Empowerment Investments (AEEI), the investment group controlled by Iqbal Survé’s Sekunjalo Group, has told Britain’s BT Group that it can’t exercise a call option to terminate its agreements with the company. This comes a week after BT formerly British Telecom said it would terminate its relationship with Sekunjalo. The UK firm said it made the decision after what it called the “misrepresentation of facts to parliament’s standing committee on finance made by representatives of Sekunjalo Group”. “We are in the process of terminating all relationships with the Sekunjalo group of companies. We remain committed to the South African market and supporting our customers here and the spirit and purpose of South Africa’s black economic empowerment (policies),” the BT spokeswoman said. “BT will be exploring alternative options to meet its black economy empowerment obligations.”

South africaUnited kingdomCity ofSouth africanBt communications services south africaBritish telecomBritain bt groupSekunjalo groupEquity empowerment investmentsIqbal survServices south africaKilomix investmentsஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்பிரிட்டிஷ் தொலை தொடர்புபிரிட்டன் பிடி குழு