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November 2, 2005
Companies lose Gautrain BEE court bid
An attempt by a company to claim a 25% black economic empowerment (BEE) stake in the Gautrain project was dismissed with costs in the Johannesburg High Court on Wednesday...
"I take this as a personal victory for the project and for the country. This project is bigger than any individual," said Mzolisi Diliza, chairperson of the board of directors of the Strategic Partners Group (SPG), a BEE company that was among the respondents in the matter.
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Posted by bernievn at November 2, 2005 12:47 PM