Wednesday, 25 November 2020

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XXXVIII, No 21, 09/11/2020

South Africa accuses white companies of B-BBEE misrepresentation

The South African Department of Trade, Industry and Competition has accused white-owned South African companies of “fronting and misrepresentation” in their use of Broad-Based Black Economic Empowerment (B-BBEE) status. Obligors are said to have used non-compliant entities aided by consultants or advisors.

 

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