Fronting a major hurdle in economic transformation, says B-BBEE Commission

Fronting remains a major factor contributing to the slow pace of economic transformation in SA, the Broad-Based BEE (B-BBEE) Commission says.

The commission, which monitors the B-BBEE Empowerment Act’s progress and compliance, says a major form of non-compliance is fronting, or the introduction of spurious schemes that purport to introduce black shareholders  — sometimes a domestic worker — without assigning any benefits to them...