« AfriSam restructures debt | Main | Afrisam shaves R1bn off debt through 'opportunistic' transaction »
March 4, 2009
Construction charter beefs up points for equity ownership
The construction industry empowerment charter had added five points for equity ownership to the 20 points the government had recommended in the codes of good practice, a move that showed the industry was lagging in this aspect, Sugan Palanee, a senior partner at Ernst and Young KwaZulu-Natal, said last week.
This was also an indication that the industry wanted to encourage the sale of equity to black partners, Palanee said.
Posted by StaffWriter at March 4, 2009 11:42 AM