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December 8, 2006

Revised BEE codes offer relief to small business

BLACK economic empowerment (BEE) requirements for companies are finally ready to become law after the second phase of government’s codes of good practice was given the thumbs up by a cabinet meeting this week...



Deputy director-general in the trade and industry department Lionel October yesterday also confirmed that the endorsed codes included a string of concessions which will see small businesses exempt from compliance with empowerment requirements while medium-sized companies have received greater leniency

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Posted by bernievn at December 8, 2006 3:16 PM