February 3, 2012
Mining legislation and concerns to be tackled this year
The outcome of the public hearings held by the Parliamentary portfolio committee on mineral resources as part of its review of the 2010 Mining Charter, as well as the Mineral and Petroleum Resources Development Amendment Bill, currently scheduled to be published in 2012 (the MPRDA Amend- ment Bill), and the African National Congress's (ANC's) nationalisation of mines report are expected to form an important part of the Department of Mineral Resources' (DMR's) deliverables during 2012, says the head of Webber Wentzel's Africa mining and energy projects practice, Peter Leon.
Posted by StaffWriter at 2:00 PM
February 2, 2012
Curbing window dressing
The intention with the proposed changes to the broad-based black economic empowerment (BBBEE) regulations is to form a new monitoring commission, as well as to introduce severe penalties and censure for those found guilty of fronting.
Posted by StaffWriter at 12:11 PM
January 27, 2012
Reworked empowerment law aims to combat fronting, elevate nonownership scorecard elements
South Africa's empowerment legislation is about to get new teeth to address issues such as fronting and local content procurement, besides others.
Posted by StaffWriter at 10:55 AM
December 22, 2011
Davies: No confusion over B-BBBEE Amendment Bill
"The Gazetted B-BBEE Amendment Bill has not deviated from the original beneficiaries."
Posted by StaffWriter at 7:33 AM
December 14, 2011
BBBEE Amendment Bill up for scrutiny
Stiff fines and penalties in the offing for fronting.
JOHANNESBURG - A Broad Based Black Economic Empowerment (BBBEE) Amendment Bill released for public comment is proposing stiff penalties and fines for people found guilty of fronting.
Posted by StaffWriter at 10:28 AM
December 12, 2011
Could Regulation 28 drive retirement fund consolidation?
The revision of Regulation 28 was crucial, as markets have changed significantly.
Posted by StaffWriter at 11:47 AM
December 11, 2011
Davies gazettes B-BBEE Amendment Bill
The Broad-Based Black Economic Empowerment Amendment Bill, which aims to to align the B-BBEE Act with other legislations impacting on B-BBEE and with the Codes, has been gazetted by the Trade and Industry Minister Rob Davies, the Department of Trade and Industry reported on Friday.
Posted by StaffWriter at 10:50 AM
December 7, 2011
New procurement regulations will combat fronting
The revised Preferential Procurement Regulations that become effective today (Wednesday) are largely to align these regulations more closely with BBBEE, and to address some of the concerns raised by both the courts and business relating to functionality and how it relates to price.
Posted by StaffWriter at 9:48 AM
December 5, 2011
State seeks to criminalise 'fronting' with new empowerment bill
Draft legislation proposes severe penalties for both individuals and companies who misrepresent equity credentials, writes Linda Ensor
Posted by StaffWriter at 10:09 AM
November 28, 2011
Promotion of Access to Information - is your manual ready?
THE DEADLINE for businesses to submit their manuals on how to access their records, as required by the Promotion of Access to Information Act of 2000 (PAIA) is fast approaching.Posted by StaffWriter at 8:39 AM
November 25, 2011
Government plans tough new rules to combat BEE 'fronting'
Penalties for fronting will include 10% of annual turnover for companies and a fine or imprisonment of up to 10 years for individuals
Posted by StaffWriter at 9:52 AM
November 24, 2011
Enterprise development given higher weighting in amended BEE law
Cabinet has approved the publication of proposed changes to the Broad-Based Black Economic Empowerment (BBBEE) Act, which have been made in a bid to align the legislation with the New Growth Path (NGP) and the Industrial Policy Action Plan (Ipap).
Posted by StaffWriter at 9:58 AM
November 10, 2011
Broadening the supply base
Public purchasers in South Africa will have to take account of new rating criteria that measures suppliers' broad-based black economic empowerment (BBBEE) from 7 December.
Posted by StaffWriter at 9:39 AM
October 28, 2011
Government Reliance On A B-BBEE Scorecard Becoming A Reality
BY GAVIN LEVENSTEIN, CHIEF OPERATIONS OFFICER AT ECONOBEE
With any new activity we expect to see a build-up. I remember how it took just a few weeks to fill the streets with flags from all the countries participating in the Soccer World Cup. It almost happened overnight.Posted by StaffWriter at 7:23 AM
October 26, 2011
Details of bidding process for renewable energy IPP programme
SESSA - the Sustainable Energy Society of Southern Africa - has applauded the Department of Energy's (DoE's) efforts to clarify the bidding process that will be followed for its renewable energy independent power producer (IPP) programme.
Posted by StaffWriter at 10:01 AM
October 18, 2011
Prepare For Your Annual Employment Equity Assessment
The deadline for Employment Equity Returns has lapsed as of 01 October and still there are employers who don't have the facts when it comes to completing their EEA2 returns.Posted by StaffWriter at 8:57 AM
October 12, 2011
SA launches preferential buying rules
South Africa is gearing up to give its local suppliers a larger slice of the procurement pie with preferential public purchasing rules that come into effect on 7 December.
Posted by StaffWriter at 3:12 PM
October 6, 2011
Calling All Registered Service Providers to Be Broad-Based Black Economic Empowerment Compliant
The Gauteng Provincial Government (GPG) is in the process of updating its Central Vendor Database with all mandatory vendor requirements in particular the BBBEE (Broad-Based Black Economic Empowerment) Certificates and Tax Clearance Certificates.
Posted by StaffWriter at 6:25 AM
October 3, 2011
DTI Minister Gazettes Changes To Verification Requirements And Makes Grave Mistake
By Keith Levenstein, CEO of EconoBEE
The DTI minister has gazetted changes to B-BBEE verification procedures and rules that will come into effect on 1st October 2011.Posted by StaffWriter at 3:43 PM
The citizens have their say
Almost 9000 comments were logged during National Planning Minister Trevor Manuel's 72-hour digital "jam" about the future of South Africa. His office called it the biggest online conversation ever in Africa.
Posted by StaffWriter at 9:47 AM
September 30, 2011
Creative fronting cheats the system
As tighter laws have been implemented to stop fronting, companies are also innovating in ways to cheat the system.
Posted by StaffWriter at 9:48 AM
Stringent Supervisory Regime for Treating Customers Fairly
The Financial Services Board will need to develop a more pre-emptive, intensive and intrusive supervisory framework if its Treating Customers Fairly (TCF) programme is to be successful.Posted by StaffWriter at 8:48 AM
September 14, 2011
Changes to BBBEE Criteria for Public-Entity Tenders
As published in the Government Gazette on 8 June this year, various changes have been made to the factors organs of state must consider when procuring goods. The changes formed part of the updated regulations of the Preferential Procurement Policy Framework Act No 5 of 2000.Posted by StaffWriter at 11:35 AM
July 16, 2011
State out to kill goose that lays golden eggs
Through a series of poorly thought-through regulatory amendments, the government appears hell bent on destroying the casino industry, regarded as one of the world's most successful and well regulated since the introduction of a new gaming dispensation in the mid-1990s, writes Jabu Mabuza.
Posted by StaffWriter at 8:08 AM
July 6, 2011
Companies fronting as BEE may face penalties, blacklisting
Proposed changes to South Africa's broad-based black-economic empowerment (BBBEE) legislation would result in penalties and blacklisting of parties guilty of fronting, Department of Trade and Industry (DTI) deputy director-general for empowerment and enterprise development Sipho Zikode said on Wednesday.
Posted by StaffWriter at 10:38 AM
June 24, 2011
New tender codes spark little interest
The revised preferential procurement regulations, published in the Government Gazette this month, have received a muted reaction -- which is in sharp contrast to when they were released for comment in 2009.
Posted by StaffWriter at 9:38 AM
June 14, 2011
New rating criteria for black vendors in South Africa
The South African government has changed the rules governing how buyers assess black suppliers in order to meet contracting requirements.
Posted by StaffWriter at 9:48 AM
June 9, 2011
Local content integrated into SA's new preferential procurement rules
South Africa's National Treasury released revised preferential procurement regulations on Thursday, opening the way for the designation of sectors from which government departments and State-owned enterprises (SoEs) should buy only locally produced goods, services and works.
Posted by StaffWriter at 11:12 AM
May 9, 2011
Massmart-Walmart hearing underway
The Competition Tribunal's hearings into United States retailer Walmart's planned acquisition of Massmart started in Pretoria on Monday with Massmart CEO Grant Pattison taking the stand.
Posted by StaffWriter at 9:45 AM
April 8, 2011
Verification Turbulence Affects felt country wide
The BBBEE verification industry has come under serious fire this past week when it emerged that certain verification agencies had been issuing BEE verification certificates using the incorrect scorecard. SANAS has been forced into action and has demanded the offending agencies to immediately withdraw their BEE Certificates.Posted by StaffWriter at 7:51 AM
April 3, 2011
BEE, BBBEE under the spotlight
Pretoria - One of the major shortcomings in the implementation of Black Economic Empowerment (BEE) was the over-emphasis on diversity of ownership and senior management.
Posted by StaffWriter at 11:09 AM
April 1, 2011
Fronting stings BEE: Zuma
"Fronting" and tender abuse is an "unintended consequence" of an overemphasis on diversity of ownership and senior management in implementing broad based black economic empowerment (BBBEE), President Jacob Zuma said on Friday.
Posted by StaffWriter at 10:15 AM
BBBEE codes to be revised
To contribute to job creation it has to promote new enterprise development.
Posted by StaffWriter at 10:11 AM
March 18, 2011
DTI finalises training programme for B-BBEE
Pretoria - The Department of Trade and Industry (dti), together with three universities, is finalising the development of a Standardised National Training Programme for Broad-Based Black Economic Empowerment verification.
Posted by StaffWriter at 8:48 AM
March 17, 2011
Government's NGP is not detrimental to BBBEEE
Since the government approved the New Growth Path (NGP) last year, there have been growing perceptions and concerns that transformational goals - as espoused through affirmative action and broad-based black economic empowerment (BBBEE) - will no longer be in the government's priorities.
Posted by StaffWriter at 11:17 AM
March 7, 2011
Inforcomm welcomes the decision by Cabinet to align Treasury procurement regulations with the BEE Act
Inforcomm BEE Verification welcomes the decision by Cabinet to approve the alignment of the Preferential Procurement Policy Framework Act (PPPFA), the Act that public entities use to procure goods and services, and the Broad-Based Black Economic empowerment Act (BEE Act).
Posted by StaffWriter at 10:03 AM
COSATU concerned at dismissal of Nomonde Mapetla
The Congress of South African Trade Unions is extremely concerned at the illegal and unprocedural dismissal of Nomonde Mapetla, as Chief Executive of the Estate Agency Affairs Board (EAAB), the regulator of the country's 27 000 estate agents, a position she has held since November 2004.
Posted by StaffWriter at 10:03 AM
January 19, 2011
DTI Gazette Calls For Auditors Involvement In BBBEE Verification
The Department of Trade and Industry has now gazetted for comment their plan to open BEE verification to the auditing profession. This move comes after serious conflict and controversy in the industry; with the currently accredited BEE verification agencies offering little consistency.Posted by StaffWriter at 3:38 PM
January 11, 2011
Call For Changes To BEE Certificates
BEE certificates are expected to be a true reflection of a company's current BEE status but due to misunderstanding and incorrect application of the codes this opens a door to controversy and misrepresentation.Posted by StaffWriter at 9:52 AM
November 18, 2010
Inforcomm launch BEE Rating and Your Business Workshops
It has become more and more important for businesses to have valid BEE Verification Certificates from accredited BEE Verification Agencies. However, most business still do not understand the ins-and-outs of BEE and how their BEE rating can affect their business.Posted by StaffWriter at 2:53 PM
November 17, 2010
Procurement told to 'wake up' on BBBEE
South African companies seeking to improve their broad-based black economic empowerment (BBBEE) rating are failing to fully benefit from the 'preferential procurement' element.
Posted by StaffWriter at 2:44 PM
November 15, 2010
Inforcomm on the issue of BEE fronting
Inforcomm welcomes the decision by the BEE Advisory Council to implement tougher measures on fronting.
Posted by StaffWriter at 2:52 PM
October 20, 2010
South Africa's justice department hits back on allegations
The South African Department of Justice and Constitutional Development (DOJCD) has blamed differences between two competing pieces of legislation for alleged irregularities in its spending.
Posted by StaffWriter at 11:35 AM
September 29, 2010
State tenders are a crucial part of economic empowerment
In February this year, the BBBEE (broad-based black economic empowerment) codes of good practice marked the third anniversary since their gazetting in 2007.
Posted by StaffWriter at 2:19 PM
September 15, 2010
ABVA states its objections to dti's inclusion of accountants & auditors into the BEE verification industry
ABVA's OBJECTION TO THE DTI'S APPROACH TO INCLUSION OF AUDITOR'S AND ACCOUNTANTS IN THE VERIFICATION INDUSTRY
ABVA would like to respond to the recent press release by the Department of Trade and Industry (the dti) about the approval of the IRBA and SAIPA to approve there members in relation to BEE Verification.
Posted by StaffWriter at 1:14 PM
September 9, 2010
'Tighten tender processes'
Cape Town - Government needs to tighten the tender system in municipalities to fight corruption and take politicians and councillors who abuse it to court, a parliamentary report on service delivery protests recommended on Thursday.
Posted by StaffWriter at 9:37 AM
August 31, 2010
BBBEE needs revision: Manuel
PARLIAMENT - National Planning Commission Minister in the Presidency Trevor Manuel conceded on Tuesday that the broad-based black economic empowerment (BBBEE) policy needed to be revised.
Posted by StaffWriter at 10:13 AM
July 29, 2010
White males still dominate - Mpho Nkeli
CEE acting chairperson calls for clampdown on minority overrepresentation in workplace
Posted by StaffWriter at 10:02 AM
July 8, 2010
50/100 points should be allocated for BBBEE compliance - BMF
Posted by StaffWriter at 9:57 AM
December 14, 2009
Call for socialisation 'beyond state'
THE South African Communist Party (SACP) has called for an amendment to the Petroleum Resources Development Act in order to ensure the socialisation of SA's mineral wealth beyond formal state control.
Posted by StaffWriter at 9:54 AM
December 12, 2009
Fighting for the rights of the rightful beneficiaries
If you want an inspiring role model for young entrepreneurs, then look no further than Isaac Shongwe, who was hauled before the courts last week by a major trade union.
Posted by StaffWriter at 7:42 AM
November 26, 2009
Miner may part with its BEE partner
JUNIOR miner Central Rand Gold (CRG) said yesterday the Financial Services Board (FSB) had rejected a complaint by its 26% empowerment partner, Puno Gold Investments, that CRG had issued false information to its investors.
Posted by StaffWriter at 9:58 AM
November 24, 2009
Simmers' BEE shareholder taken out of liquidation
There has been much in the press lately regarding the boardroom battles between Simmer and Jack Mines (JSE:SIM) and its BEE shareholder, Vulisango Holdings. However, another dispute involving Simmers and Vulisango has been playing out in the Port Elizabeth High Court, this one related to JCI (JSE:JCD) Limited and the preference shares JCI (JSE:JCD) has in a company called Xelexwa Investment Holdings, formerly known as Jaganda.
Posted by StaffWriter at 9:53 AM
November 20, 2009
Vodacom faces CCMA over BEE deal
The Communication Workers Union (CWU) has started complaints proceedings against Vodacom over what it calls broken promises over its equity deal.
Posted by StaffWriter at 9:52 AM
September 4, 2009
TAX SUBSIDIES FOR B-BBEE COMPLIANCE
Of the 100 points on the generic B-BBEE scorecard, 20 points can simply - if sometimes dearly - be bought.
The points in question are the 15 points devoted to enterprise development contributions, and the 5 points devoted to socio-economic development contributions.
Posted by StaffWriter at 10:51 AM
March 19, 2009
BEE front tyre deal fraudster fined R1m
A local businessman has been fined R1-million after he pleaded guilty to fraud and entered into a plea bargain with the State for setting up a BEE front company that won a controversial R40m tender to supply the City of Cape Town with tyres and tubes for its fleet of vehicles.
Posted by StaffWriter at 7:29 AM
March 6, 2009
Laws put obstacles in the way of BEE - Richards
NATIONAL legislation created "significant obstacles" in the path of the Nelson Mandela Bay municipality's reaching its targets in terms of tenders awarded to advance broad- based economic empowerment, municipal manager Graham Richards said yesterday.
Posted by StaffWriter at 7:15 AM
Court orders BEE firm to return Imuniti shares
The black empowerment consortium that held a stake in Imuniti Holdings has been ordered by the Durban High Court to return the shares to the founding members of the AltX-listed pharmaceutical and nutritional food firm.
Posted by StaffWriter at 7:13 AM
February 13, 2009
Verification agencies will finally BEE legit
SOUTH African companies can now feel more secure that their black economic empowerment scorecards are verified by accredited bodies.
Posted by StaffWriter at 7:19 AM
February 3, 2009
IP Act puts profit first
Government looks to possible profits from patents to drive innovations which benefit everyone.
Posted by StaffWriter at 11:34 AM
December 4, 2008
No BEE law changes -- official
CAPE TOWN -- The trade and industry department did not see a need to review black economic empowerment (BEE) legislation and codes of good practice now as Trade and Industry Minister Mandisi Mpahlwa suggested last week, director-general Tshediso Matona said yesterday.
Posted by StaffWriter at 8:47 AM
December 3, 2008
Further industrial tariff cuts at WTO would be difficult for SA
Further industrial tariff concessions to unblock the current logjam in the Doha Round of trade talks would be "very difficult" for South Africa to bear, the Department of Trade and Industry (DTI) said on Wednesday, as the World Trade Organisation (WTO) hinted again to a possible mid-December meeting of ministers, which could be convened to agree modalities.
Posted by StaffWriter at 8:35 AM
December 1, 2008
Tougher BEE scorecard mooted for companies
THE trade and industry department is considering removing employment equity and skills development from the empowerment scorecard.
Posted by StaffWriter at 8:17 AM
Use water wisely - Agri SA
Agri SA has called on the irrigation community - the largest water users in South Africa to conserve water and use it within the framework of the National Water Act.
Posted by StaffWriter at 7:36 AM
November 27, 2008
Manyi spurns talk of BEE cutoff date
Johannesburg - Jimmy Manyi, the president of the Black Management Forum (BMF), yesterday rejected talk that the legislative framework for black economic empowerment (BEE) should have a cutoff date, saying this could happen only when most of the economy was in black hands.
Posted by StaffWriter at 9:35 AM
November 25, 2008
Ensure that regulation does not stifle BEE
Grant Thornton Managing Partner
"THE test of a first-rate intelligence is the ability to hold two opposing ideas in the mind at the same time, and still retain the ability to function." - F Scott Fitzgerald, 1936.
Posted by StaffWriter at 7:38 AM
BEE name game ends up in court
A DURBAN businesswoman who brought a black economic empowerment partner into her catering business is being hauled before the equality court today for refusing to compensate him for his shares.
Posted by StaffWriter at 7:34 AM
November 6, 2008
BEE code contradictions hold up deals
CONTRADICTIONS between the black economic empowerment (BEE) codes and the government's interpretive guide to the codes are a huge impediment to businesses and have hamstrung a number of business equity deals.
Posted by StaffWriter at 11:26 AM
October 24, 2008
W Cape Premier scraps hospital tender process
Premier Lynne Brown has scrapped the entire tender process for the controversial development of the prime Somerset Hospital site between the new 2010 stadium and the V&A Waterfront, and the process will begin again.
Posted by StaffWriter at 7:48 AM
October 5, 2008
BEE associates drawn into court battles
Slain mining magnate Brett Kebble liked to be known as a black economic empowerment (BEE) champion. He was generous to empowerment firms associated with him, many of which are now in the sights of an entity he is alleged to have looted.
Posted by StaffWriter at 11:28 AM
September 4, 2008
'Companies falling behind on Bee compliance'
Companies across the board are falling behind on their black economic empowerment (BEE) compliance, a survey by forensic auditing firm KPMG has found.Posted by StaffWriter at 2:28 PM
August 28, 2008
BEE agencies in bid to revive accreditation
REPRESENTATIVES of BEE verification agencies will meet with government officials today in a bid to re- start the process of government accreditation of agencies.Posted by StaffWriter at 9:21 AM
July 25, 2008
Talks on New Legislation in Cape Town
A number of Chinese people born and bred in South Africa will now be able to be included in Employment Equity, Skills Development and Broad Based Black Economic Empowerment (BBBEE) legislation.Posted by StaffWriter at 9:22 AM
July 18, 2008
Treasury owes business more cogent legislation
DESPITE the six-year wait for the final Companies Bill, the latest version, tabled three weeks ago, is far from perfect -- even if it is another perfect example of how the infighting between the treasury and the trade and industry department has been detrimental to us all.Posted by StaffWriter at 2:20 PM
July 15, 2008
New study probes Chinese community in SA
A paradox exists between the growing presence and the continued invisibility of Chinese migrants in South Africa, a study revealed on Tuesday.Posted by StaffWriter at 8:17 AM
June 28, 2008
Chinese people welcome recognition
CLARITY has finally been given to the Chinese community after the Pretoria High Court ruled earlier this month that Chinese people should be considered as black in order to benefit from empowerment policies.Posted by StaffWriter at 8:49 AM
June 22, 2008
Chinese are not fully black - Nafcoc
The National African Federated Chamber of Commerce and Industry (Nafcoc) has slammed a high court ruling that defines Chinese South Africans as black and gives them the full benefits of affirmative action legislation, claiming the black economic empowerment (BEE) "cake" was too small to share.Posted by StaffWriter at 7:46 AM
June 20, 2008
Between apartheid and fine print of BEE
VERNON Whyte has been married three times -- and always to the same woman. Whyte, now 58, first married his wife Gwen in 1975.Posted by StaffWriter at 8:36 AM
May 22, 2008
Peer review tabled in parliament
The African Peer Review Mechanism's (APRM's) report on South Africa was finally tabled today in parliament.Posted by StaffWriter at 12:05 PM
May 7, 2008
Partnership Key to Land Reform
Food prices are rising fast. The future of land reform will affect the country's ability to reach its economic growth targets, produce its own food and compete in global agricultural markets.Posted by StaffWriter at 9:21 AM
March 14, 2008
DTI adjusts incentive programme for capital project studies
The Department of Trade and Industry (DTI) said on Friday that it had amended the capital projects feasibility programme, previously the South African capital goods feasibility study fund.Posted by StaffWriter at 8:50 AM
March 7, 2008
Export deals must have BEE factor, says minister
Company black empowerment levels had to be taken into account before firms were allowed to take advantage of the government's international export agreements, Agriculture and Land Affairs minister Lulu Xingwana said on Friday.Posted by StaffWriter at 1:40 PM
February 7, 2008
DTI extends deadline to implement broad-based BEE codes
The Department of Trade and Industry (DTI) granted an extension for the transitional period of six months, giving industry more time to implement the Codes of Good Practice for broad-based black economic empowerment (BBBEE).Posted by StaffWriter at 10:17 AM
January 19, 2008
BEE gets a new buzz with change in laws
THE reforms to South Africa's corporate laws have given black investors an opportunity to restructure more than 70% of black economic empowerment (BEE) deals.Posted by StaffWriter at 7:35 AM
December 13, 2007
New BEE rules 'will lead to more firms failing rather than succeeding'
Small and medium-sized enterprises (SMEs) will have to be verified by accredited empowerment rating agencies from next year to qualify for black economic empowerment (BEE) scorecards, according to new rules introduced by the department of trade and industry.Posted by StaffWriter at 7:20 AM
December 5, 2007
Government's promise
A LONG promised and very significant government policy to give smaller businesses preference when govermnent makes purchases will be implemented from March 2008.Posted by StaffWriter at 11:33 AM
November 16, 2007
Act discourages foreign investment - mining law specialist
Legal company Webber Wentzel Bouwer partner Peter Leon told the South African Institute for Race Relations (SAIRR) that restrictive legislation could scare off prospective investors in the country's mining industry.Posted by StaffWriter at 11:38 AM
February 25, 2005
Twin fiscal changes to facilitate BEE
PROPOSALS by Finance Minister Trevor Manuel in Wednesday’s budget ...
Posted by bernievn at 9:32 AM
February 5, 2005
Change in tax law to benefit BEE deals
Johannesburg - An amendment to the tax law has removed impediments to companies ...
Posted by bernievn at 3:07 PM
January 7, 2005
Scrutiny reveals flaws in BEE deals
Some of the black economic empowerment transactions concluded last year have pros and cons that have to be analysed, says Absa group executive director Israel Skosana....
Posted by bernievn at 10:16 AM
January 4, 2005
Major shift with release of new BEE codes
COMPANIES with black partners and who meet Black Economic Empowerment (BEE) targets will be able to compete on near equal footing with wholly-owned black companies when it comes to doing business with government, if the release of the Department of Trade and Industry's (DTI) new BEE Codes of Good Practice in December 2004 are anything to go by.
Posted by bernievn at 3:20 PM
True BEE colours revealed
When it comes to announcing empowerment deals, local companies, particularly financial institutions, tend to go out of their way to proclaim the fantastic business opportunities presented by their respective transactions. However, when it comes time to account for these transactions, the ugly truth emerges.
Posted by bernievn at 8:42 AM