MEDIA RELEASE 20 October 2020 The Deputy Minister of Trade, Industry and Competition, Ms Nomalungelo Gina has described fronting and misrepresentation of Broad-Based Black Economic Empowerment (B-BBEE) status by some South African companies as a demon that shatters the transformation agenda of the country. She addressed a webinar hosted by the B-BBEE Commission…
MEDIA RELEASE DATE: 19 October 2020 The B-BBEE Commission is hosting a webinar session to share with the public the investigation and enforcement cases received since its establishment in 2016, which include fronting, misrepresentation of B-BBEE status and falsification of B-BBEE certificates. The session is scheduled for 20 October 2020 at 10:00, with the…
MEDIA RELEASE DATE: 30 SEPTEMBER 2020 499 major Broad-Based Black Economic Empowerment (B-BBEE) transactions exceeding R25 million were submitted for registration to the B-BBEE Commission since 2017 to date, although it noted that parties often neglect to submit them within 15-days of conclusion, as per requirements of the B-BBEE Act. It is of the…
