Group Five scores big on BEE

September 14, 2005

Johannesburg - Construction and building materials company Group Five (GRF) on Wednesday announced that economic empowerment rating agency, Empowerdex, had given its proposed black economic empowerment (BEE) transaction a score in excess of 80%...

Group Five said in a statement that the score related to the ownership component as defined in the scorecard in The Codes of Good Practice on broad-based black economic empowerment from the department of trade and industry.

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