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August 19, 2008

Scorecard system can turn sour if we stick to quick fixes

There can be little doubt that empowerment has been accelerated following the introduction of broad-based black economic empowerment (BEE) in 2003.


Direct black ownership of JSE-listed companies has jumped from about 1 percent to more than 10 percent over the past five years, while JSE directorships held by black people have increased from less than 200 to more than 700.

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Posted by StaffWriter at August 19, 2008 11:37 AM