Davies said BEE needed to be moved away from "the perversions" of "tenderpreneurism" which he described as a form of fronting. This involved waste disposal or engineering service companies going to white companies and getting them to do "the actual work" and then adding 20 percent on the price to government, he said. Another perversion was entirely black-owned companies having to go to a BEE verification agency to supply another company, which was not legally necessary.
via www.busrep.co.za
Nice words Rob
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