Apr 27, 2012
BBBEE verification services offering launchedBack
Engineering|Africa|Grant Thornton South Africa|IQuad Verification Services|Africa|South Africa|Services|Verification Services|Deepak Nagar|Wade Van Rooyen|Maryland
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The new business offering will assist busi-nesses in navigating current and future BBBEE legislation, including the proposed changes to the codes of good practice, which are becoming increasingly complex for businesses.
IQuad Verification Services former MD and current Grant Thornton Verification Ser-vices MD Wade van Rooyen tells Engineering News that BBBEE is a demanding field, which is rapidly growing and, with the legislation changing, companies will certainly realise that BEE affects all of them.
This is part of the firm’s continuing drive to unlock growth opportunities for dynamic organisations. The new business division was born out of Grant Thornton’s acquisition of a majority stake in IQuad Verification Services, formerly a subsidiary of JSE-listed diversified financial services company the IQuad group.
“Our decision to acquire this business emphasises the similar values, ethics and processes that our two businesses share. Inte- gration provides our clients with an oppor-tunity to further capitalise on new business prospects,” says Grant Thornton South Africa chairperson Deepak Nagar.
“We are excited to join the Grant Thornton fold at a time when dealing with BBBEE com- pliance is an imperative for all success- ful businesses,” says Van Rooyen.
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