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December 5, 2011

State seeks to criminalise 'fronting' with new empowerment bill

Draft legislation proposes severe penalties for both individuals and companies who misrepresent equity credentials, writes Linda Ensor



THERE are only two options for white-owned businesses wanting to win a government contract -- accept the rules on black economic empowerment and transform, or cheat.

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Posted by StaffWriter at December 5, 2011 10:09 AM