The FSCA and B-BBEE Commission enter into a Memorandum of Understanding to Advance Transformation in the Financial Sector

The Financial Sector Conduct Authority (FSCA) and the Broad-Based Black Economic Empowerment Commission (B-BBEE Commission) today entered into a Memorandum of Understanding (MoU). The MoU supports strengthened cooperation and collaboration between the FSCA and the B-BBEE Commission, in the interests of promoting transformation of the Financial Sector and advancing transformation of the South African economy.…

Organisational Structure

The Organisational Structure shown below is based on the defined strategic goals of the B-BBEE Commission informed by our mandate in the Act, taking into account the fiscal constraints. We are building the structure to meet the requirement over the initial planning period, and it is expected that this structure will be reviewed upon implementation…

Strategic Focus

Having considered our legislation and the historical background on B-BBEE policy and strategy, we have identified key areas that we will focus on in order to deliver on our mandate and functions as follows: Safeguarding the outcomes of an inclusive economy Implementing corrective enforcement to achieve compliance Researching, analysing and reporting on the state of…

Our Values

Our operational environment presents various challenges for us, and this include lack of proper corporate governance, fronting tendencies, falsification of empowering credentials, misrepresentation of facts to secure contracts and quick fix solutions to empowerment, all of which present a fertile ground for unethical conduct in and outside the public sector. Having considered this environment and…

Our Brand Promise

“An inclusive economy for all, together” Inclusive –¬†refers to equal participation, equitable opportunities for of all, and benefits experienced by every section of the society across South Africa. This generally implies a link of macroeconomic and microeconomic factors of the economy for inclusivity to materialise. Economy – entails the state of the country in terms…