Category South Africa

Spar refutes accusations of misusing BEE loans

While admitting that it was rocked by auditors and the board as a “reportable irregularity”, Johannesburg Stock Exchange-listed Spar yesterday denied widespread claims that the grocery chain misused black economic empowerment (BEE) loans to help white retailers, at a disadvantage.…

ANC defends cadre deployment policy in court

The battle against the ANC’s cadre deployment policy continued in the High Court in Pretoria yesterday as civil rights organization AfriForum joined the fight. AfriForum advocate Mark Oppenheimer and advocate Anton Katz for the Democratic Alliance (DA) presented submissions and…