Employee share ownership programme that ran for 16 years without paying a cent to its 3,700 participating employees has been found by the BEE Commission to be misrepresenting its BEE status

An employee share ownership programme that ran for 16 years without paying a cent to its 3,700 participating employees has been found by the BEE Commission to be misrepresenting its BEE status. The company, multinational security company G4S, claimed it had insufficient distributable reserves to pay dividends, but the Commission determined that directors and key […]