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NOTES The attached affidavit must be completed by Black Persons ONLY. Black according to the Broadband Black Economic Empowerment Act includes only: Africans Coloreds Indians Chinese Who are SOUTH

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What is black ownership affidavit mfp?

The black ownership affidavit mfp is a document that verifies the percentage of ownership held by black individuals in a corporate entity.

Who is required to file black ownership affidavit mfp?

Any corporate entity in South Africa that wishes to comply with the Broad-Based Black Economic Empowerment (B-BBEE) Act is required to file the black ownership affidavit mfp.

How to fill out black ownership affidavit mfp?

The black ownership affidavit mfp requires the company to provide detailed information about the percentage of black ownership within the entity. This includes the names of black shareholders, their percentage of ownership, and information about any black empowerment deals.

What is the purpose of black ownership affidavit mfp?

The purpose of the black ownership affidavit mfp is to demonstrate the company's compliance with the B-BBEE Act and its commitment to promoting black economic empowerment.

What information must be reported on black ownership affidavit mfp?

The black ownership affidavit mfp requires the company to report the names of black shareholders, their percentage of ownership, and details of any black empowerment transactions or agreements.

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