Fronting still a problem, says BEE regulator

October 10, 2017

10 OCTOBER 2017 - 05:44  / LINDA ENSOR

 

B-BBEE commissioner to issue 50 findings against companies

 

The Broad-Based Black Economic Empowerment (B-BBEE) commission plans to issue about 50 preliminary and final findings against companies for contraventions of the B-BBEE act, according to commissioner Zodwa Ntuli.

 

Companies will have opportunities to comment on findings before they are made final. The commission began investigating alleged noncompliance by 17 companies, including Nokia, MTN and Netcare, and verification agencies in August. More investigations are under way.