African Tuna Traders CC in Violation of the B-BBEE Act by Using Black Employees as Shareholders to obtain Fishing Rights

MEDIA RELEASE DATE: 25 November 2020   The B-BBEE Commission has found African Tuna Traders CC, Umbhalo Trading (Pty) Ltd and Homotsego Trading (Pty) Ltd to have contravened the B-BBEE Act and has since referred the findings to the Department of Agriculture, Forestry & Fisheries for consideration. This is after an investigation revealed that credentials…

The Supreme court of Appeal Ruling on the Validity of the PPPFA Regulations on 2017 has no Effect on the B-BBEE Act and its Requirements

MEDIA RELEASE DATE:  04 NOVEMBER 2020   The B-BBEE Commission has noted the ruling by the Supreme Court of Appeal that declared the PPPFA Regulations of 2017 invalid and confirms that the ruling has no effect on the B-BBEE Act, as amended, and its requirements. The B-BBEE Act permits organs of state or public entities…

Deputy Minister Gina Slams Fronting Acts as sabotaging SA Transformation Agenda

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…