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‘The most encouraging thing is that through ongoing dialogue, she has shown a real approach that seeks to be consultative, but also, she has been very open to working with the private sector in terms of resolving some of the issues at Transnet,’ says Lunga Maloyi, economic policy director at Business Unity South Africa.
One thing that stands in the draft Companies Amendment Bill is that private companies would have to produce annual financial statements, making possibly price-sensitive information available to their competitors: Lunga Maloyi – economic policy director, Busa.
New bill seeks greater disclosure of remuneration practices at private companies