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Under declaring at CIPC but at CIDB he's at grade 8 which means he declared between R20 million to R65 million in the 2023/2024 financial year. Interesting stuff.
SCM people, please educate me. How does a company owned by a Zimbabwean get BBBEE 10 points(full points)? Are foreign nationals in South Africa classified as Historically Disadvantaged Individuals or are we witnessing fraud live jive? 👀👀👀
The answer can be found here...
He seems to have a South African ID number. What also helps is that he has a South African black woman born in 2000 as the other director so the scoring there is good. And he gets the "Young Black Woman Director" points.
His CIPC returns are strange though. He is under declaring. Even in the years that he had big contracts, his CIPC declaration seems to be the same as a company that makes nothing.