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Dispute over black-empowerment ‘fronting’ holds up R117m government payment to HCI

16 January 2022 - 00:02 By THANDUXOLO JIKA and SABELO SKITI

Hosken Consolidated Investments (HCI) has for more than a year been battling the department of trade, industry & competition over R117m the department is withholding from a subsidiary-owned company amid allegations of misrepresentation of its broad-based black economic empowerment (B-BBEE) status...

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