In a victory for its competitors, technology and telecom operator Telkom has lost the special status that freed it from having to meet BEE requirements when competing for contracts.
The high court in Pretoria has ruled in favour of Altron and MTN that a decision in 2019 by the department of trade & industry to grant BEE facilitator status to Telkom and its subsidiary BCX was unlawful.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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