US giant Oracle is applying for an equity-free empowerment deal in South Africa

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US giant Oracle is applying for an equity-free empowerment deal in South Africa

By William Brederode
Publication Date: 2025-12-26 11:23:00

US tech giant Oracle, one of the world’s largest companies, wants to strike an empowerment deal with the South African government that would allow it to contribute to transformation goals without selling a stake in its local company.

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