VIEWPOINT: FRONTING Now a criminal offence
What constitutes B-BBEE fronting? It refers to the misrepresentation of a company’s B-BBEE status. It involves misleading the users of the B-BBEE certificate by stating that the business is more transformed than it actually is. Even though B-BBEE participation remains a voluntary process, the act of fronting has now been criminalised in the amended B-BBEE…