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M iss South Africa, Zozibini Tunzi spent time with some of the most important people at LFP, our learners.

“I am so proud to have LFP in my corner as we tackle the unemployment crisis, together!” - Miss South Africa, Zozibini Tunzi

KEVIN LERENA SUCCESSFULLY DEFENDS IBO CRUISERWEIGHT CHAMPIONSHIP TITLE

B acked by the LFP Group, Kevin Lerena successfully defended his IBO Cruiserweight Championship Belt for the fifth time, against Macedonian Sefer Seferi at Emperor’s Palace on Saturday Night.

It only took the impressively conditioned Lerena three rounds to defeat Seferi and be once again declared champion.

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LFP GROUP BACKS KEVIN LERENA IN BUILD UP TO IBO CRUISERWEIGHT CHAMPIONSHIP

A s a proudly South African company, LFP Group is passionate about nurturing talent to evoke transformation. LFP Group is using their platforms to uplift local communities and give back. Following their sponsorship of Miss South Africa 2019 as well as their ongoing sponsorship of the Vodacom Blue Bulls, DHL Stormers and Cell C Sharks, LFP is proud to welcome current IBO Cruiserweight Champion, Kevin Lerena to their partnership ranks.



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LFP GROUP DONATES TO FORA

T oday, we proudly handed over a well-deserved donation of R15 000 and pet food to FORA (Friends Of Rescued Animals) in support of the work that they do. We as the LFP Group stand behind this worthy cause.



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LFP IS MOVING MOUNTAINS

T ransformation becomes relatively easy to implement if it is led by a transformed and motivated individual as is the case at LFP, which has a youthful CEO who exudes passion for his job.

Agents of Transformation, LFP was formed six years ago, and has moved mountains in terms of what it has been able to achieve over this relatively short period of time.

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A MUCH-NEEDED CATALYST FOR CHANGE

T he LFP Group aims to shift mindsets, change the conversation and drive transformation in the BEE sector by providing businesses with end-to-end BEE solutions that aren’t simply there to facilitate a ‘tickbox’ exercise. In a harsh and unstable political and economic climate, only the strong survive. Whether it’s carving out a niche, creating a strategy for diversification – or both, for that matter – operating in South Africa in times such as these requires bold strategies and fresh thinking.

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10 STEPS TO BECOMING A BEE COMPLIANT BUSINESS

T he BEE scorecard encourages businesses to push for economic growth, specifically focusing on people of colour in South Africa. It is based on the concept of offering incentives through additional business. Economic growth begins with skills development involving training and hands-on development through employment equity and the development of new business.

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AMENDMENTS TO B-BBEE SECTOR CODES AND WHY THESE SHOULD MATTER TO YOU

U nder the B-BBEE Act, recent Amendments have been made to the Defense Sector Code and Chartered Accountancy (CA) Sector Code. With Preferential Procurement forming a crucial part of the BEE scorecard, LFP Group’s Company Secretary and Compliance Manager, Shawn Swiegers says that Amendments to Sector Codes affect any business procuring from companies within these sectors. “Preferential Procurement makes up 23% of your overall BEE scorecard,”

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IS YOUR BUSINESS BEE COMPLIANT

S ince the implementation of BEE in 2003, there have been many high-profile cases of companies found to have faked their BEE credentials and many who have failed their verification audits for other reasons. The unfortunate reality is that faked credentials is not a victimless crime. Any company awarded a government tender through the use of fake credentials is taking business away from another that has worked hard to achieve transformation through compliance.

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LFP GROUP SPONSORS MISS SA 2019

T he LFP Group is one of Miss South Africa 2019's new major sponsors. LFP Group CEO Louis Pulzone said that the decision to sponsor Miss SA was the best way to showcase LFP's commitment to South Africa and women around the country.


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