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November 18, 2009

Bidvest boss rails against BEE lock-ins

Bidvest chairman Cyril Ramaphosa yesterday launched a fierce assault on black economic empowerment (BEE ) lock-in agreements, saying they inhibited black access to profit.



"They... hinder black participation in the economy and offend the spirit of empowerment," Ramaphosa said.

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Posted by StaffWriter at November 18, 2009 7:29 AM