Hundred and Forty-Eight (148) Major B-BBEE Transactions Submitted to the B-BBEE Commission

As at 25 August 2017, the Broad-Based Black Economic Empowerment (B-BBEE) Commission has received hundred and forty eight (148) major B-BBEE transactions in line with the requirement of the B-BBEE Act, and is currently in the process of assessing them for compliance with the B-BBEE Act. The B-BBEE Commission has ninety (90) days to consider…

B-BBEE Commission Welcomes The Threshold To Register Major B-BBEE Transactions and Lists Documents Needed

The Broad-Based Black Economic Empowerment Commission (“B-BBEE Commission”) welcomes the threshold of R25 million transaction value for major B-BBEE transactions to qualify for registration with the B-BBEE Commission as issued by the Minister of Trade and Industry on 09 June 2017 in the Government Gazette. So, from 09 June 2017 all major B-BBEE transactions must…

B-BBEE Commission Should Take Action Against Non-Compliant Companies – Minister Davies

The Minister of Trade and Industry, Dr Rob Davies says the Broad-Based Economic Empowerment (B-BBEE) Commission should take action against companies that are found to not be complying with the B-BBEE requirements for transformation. Minister Davies was speaking at the breakfast session held by the B-BBEE Commission on the national state of transformation, in Midrand,…

Accelerating the Work of the B-BBEE Commission is of Imperative Priority

The Acting Commissioner of the Broad-Based Black Economic Empowerment (B-BBEE) Commission, Ms Zodwa Ntuli says that an effective Commission is important for the pace of transformation of our economy to be accelerated to achieve the objectives of the B-BBEE Act. Ms Ntuli was speaking at a business engagement session that took place in Johannesburg where…