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June 17, 2008

BEE can provide the muscle SA needs to flourish in recession

Over the last five years there has been unquestionable acceleration in the pace of transformation. Direct black ownership on the JSE has increased from less than 2 percent to more than 10 percent.

Almost all firms are developing and improving their own black economic empowerment (BEE) scorecard. The introduction by the department of trade and industry of the broad-based BEE framework has so far been a remarkable success.

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Posted by StaffWriter at June 17, 2008 8:24 AM