The continuity of black economic empowerment (BEE) shareholdings in assets sold by the state has become a problem regarding the state’s sale of Aventura resorts for R200m way back in 2003.

The problems surrounding the sale of the state-owned holiday resorts to the private sector have been ongoing for about 10 years and were again raised by department of public enterprises officials in a briefing on Wednesday to the National Council of Provinces select committee on communications and public enterprises.

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