Despite the risks, many firms-both domestic and foreign-are charging ahead. For large domestic firms, noncompliance with B may not be an option in the long run. Thus, they adopt two strategies. The first is "fronting" : relying on businesses controlled by blacks to acquire procurement contracts. Second, lobbying to negotiate the B terms becomes a frequent coping strategy. The Chamber of Mines, an industry association for the important mining sector, successfully reduced the targeted ten-year equity quota for black ownership from 51% to 26% Many foreign foreign firms find it attractive to form joint ventures (JVs) or merge with black-owned firms. For instance, Tsavliris Salvage Group of Greece formed a JV with Cape Diving & Salvage of South Africa that has a 66% black equity stake. This Jv thus is well positioned to go after government contracts in the offshore oil industry. PricewaterhouseCoopers South African subsidiary merged with MSGM Masuku Jeena, the largest black-owned accounting firm in the country. The merger opened doors for more lucrative contracts.