EMPOWERMENT
Sanral accused of digging holes in transformation road
Political ructions shaking the ANC are showing up as cracks in the country’s infrastructure. WBHO, one of SA’s largest construction and engineering groups, has claimed that the agreement between seven major JSE-listed construction firms and the government to speed up transformation in the industry has been undermined by the South African National Roads Agency (Sanral). In an explicit announcement released last week, Sanral states it will only do business with companies that are at least 51% black-owned and have a minimum B-BBEE Level 2 rating. WBHO has issued a scorching response to the agency. It is among parties to the Voluntary Rebuilding Programme (VRP) — also known as the "settlement agreement" — signed with the state to expedite black economic empowerment.
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