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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.
Despite stricter rules and regulations, methods of fronting (misrepresenting a black economic empowerment, scorecard) have evolved and BEE verification agencies continue to see an increase in the number of cases. In recent months EconoBEE, a BEE consultancy, has reported at least 20 cases to the department of trade and industry and the South African National Accreditation System (Sanas).
Posted by StaffWriter at September 30, 2011 9:48 AM