Business lobby questions B-BBEE after ruling on Eskom tender
Chinese-owned Dongfang has zero black ownership
13 June 2019 - 19:50
A business lobby group says it has instructed its legal team to evaluate the wider implications of the broad-based black economic empowerment (B-BBEE) commission’s ruling on Eskom.
This week the commission found that the embattled power utility — which has been flagged by ratings agencies as the biggest risk to SA’s economy — failed to comply with the Broad-Based Black Economic Empowerment Act in awarding a tender for the Duvha power station to Chinese-owned Dongfang, which did not meet empowerment requirements...
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