Report 68 Business Practices Committee16. Recommendation |
The business practices of Adolphe Botha, Jan A (Jay) Burger and Jacobus Frederik (Jacques) de Beer constituted harmful business practices. There are no grounds justifying the practices in the public interest. It is accordingly recommended that the Minister under section 12(1)(b) of the Act, declares unlawful the business practice whereby of Adolphe Botha, Jan A (Jay) Burger and Jacobus Frederik (Jacques) de Beer, directly or indirectly:
| a) | accept appointments as employees or directors in companies or close corporations in which they are shareholders or members and/or |
| b) | invite any persons to make investments in companies or close corporations in which they are shareholders or members |
and
directs Adolphe Botha, Jan A (Jay) Burger and Jacobus Frederik (Jacques) de Beer to refrain from applying the harmful business practice.
Louise A Tager
Chairman: Business Practices Committee
23 March 1999