Tag: PRASA


Fronting under the BBBEE Act
Fronting under the BBBEE Act

A fronting practice is defined in the Broad-Based Black Economic Empowerment Act 53 of 2003 as amended (the “BBBEE Act” or the “Act”) as: “a transaction, arrangement or other Act or conduct that undermines the achievement of the objectives of the Act.” Section 1(c)…
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