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August 31, 2008

Transitional period for broad based black economic empowernment ends: DTI

The transitional period for industry sectors to convert from a narrow based to a broader based approach of black economic empowerment(B-BBEE)has ended today, Trade and Industry Minister Vukani Mde said on Sunday.

Mde said the eighteen month period was meant to allow government time to set up institutional mechanisms which would create an enabling environment for the implementation of the B-BBEE.

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Posted by StaffWriter at August 31, 2008 7:39 AM