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September 12, 2005
Costs force firms to fake BEE
Johannesburg - South Africa is clamping down on small businesses that exploit unskilled workers to front as "black empowered" companies and clinch big deals...
Eleven years after apartheid ended, SA businesses have to comply with black economic empowerment (BEE) regulations reserving some ownership and a specified number of jobs and contracts for the country's black majority.
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Posted by bernievn at September 12, 2005 9:39 AM