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May 13, 2009
Bay company wins empowerment award
A MANDELA Bay company established five years ago is riding the crest of the wave after achieving the highest rating nationally awarded by an independent specialist group for economic empowerment - and it has no black directors.
Instead, engineering operation Ocean Legacy Marine, based at the Perseverance industrial area, gained its "level one" status by meeting criteria in other areas. It is understood to be the first white-owned company with no black management to be awarded the top rating under black economic empowerment laws.
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Posted by StaffWriter at May 13, 2009 9:42 AM
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