PRESS STATEMENT: BDS SA welcomes the decision to review Clover deal by Brimstone Investment Corporation Limited

07 February 2019

South African human rights and Palestine solidarity organisation BDS South Africa, earlier today, had a positive and productive meeting with Brimstone.

BDS South Africa welcomes the initiative taken by Brimstone to call an emergency board meeting in which the proactive decision to review its role in the proposed Clover transaction based on their values was made.

BDS South Africa believes that South African companies are attractive investment opportunities for global investors and that there will be many alternative investors who are not tainted by the violation of international law and human rights.

We will keep a keen eye on further developments on this matter.

Click here for our previous statement on this issue.

ISSUED BY TISETSO MAGAMA ON BEHALF OF BDS SOUTH AFRICA
+27 (0) 61 414 6348