B-BBEE Commission to host a women empowerment conference for awareness on women opportunities and call for companies to increase representation of black women on boards and ownership structures
MEDIA RELEASE DATE: 16 AUGUST 2018 The B-BBEE Commission will host its first Women Empowerment Conference, with the theme Advancing Women Economic Empowerment through the B-BBEE Act, on 24 August 2018 at Velmore Hotel, Erasmia, Pretoria in Gauteng, from 08:00-14:00, which will be addressed by the Minister of Trade and Industry, Dr Rob…
B-BBEE Commission calls for Government and Private Sector to increase number of women on boards and procurement spend from 30% black women owned businesses
MEDIA RELEASE DATE: 02 AUGUST 2018 The report produced by the Broad-Based Black Economic Empowerment Commission (“B-BBEE Commission”) on the national status and trends on broad-based black economic transformation for 2017 calendar year shows that JSE listed companies have only 38% representation by black people on their boards, with males accounting for 20% while…
B-BBEE Commission makes findings against BEE Matrix SA (Pty) Ltd for non-compliance in issuing B-BBEE verification certificates
MEDIA RELEASE DATE: 13 JULY 2018 The B-BBEE Commission has found that BEE Matrix SA (Pty) Ltd issued B-BBEE certificates contrary to verification procedures and Codes of Good Practice, and BEE Matrix SA (Pty) Ltd has agreed to implement remedial recommendations made by the B-BBEE Commission, which include a full audit of B-BBEE certificates…
Government and other entities are advised to reject B-BBEE Certificates issued by Verification Agencies that are not accredited by SANAS
MEDIA RELEASE DATE: 05 JULY 2018 The B-BBEE Commission advises entities and organs of state to reject B-BBEE certificates that have been issued by verification agencies or professionals who are not accredited by South African National Accreditation Systems (“SANAS”) as such B-BBEE certificates are invalid for lack of authority and mandate to issue them. A…
More Companies Are Fronting their Workers – B-BBEE Commissioner Ntuli
MEDIA RELEASE DATE: 17 APRIL 2018 The Commissioner of the Broad-Based Black Economic Empowerment (BBBEE) Commission, Ms Zodwa Ntuli says more and more companies are fronting their employees through trusts. Ntuli was speaking in Parliament today where she briefed Members of Parliament belonging to the Select Committee on Trade and International Relations on the work…
State-Owned Entities must implement the B-BBEE Act, it is not an option but an obligation
MEDIA RELEASE DATE: 15 MARCH 2018 STATE-OWNED ENTITIES MUST IMPLEMENT THE B-BBEE ACT, IT IS NOT AN OPTION BUT AN OBLIGATION All state-owned entities and government departments must implement the Broad-Based Black Economic Empowerment (B-BBEE) Act. It is not an option to implement, but a must and no one is exempted to implement this…
Minister Davies to Address Annual B-BBEE Commission Conference on Improving State Procurement for Real Economic Empowerment
MEDIA RELEASE DATE: 12 MARCH 2018 MINISTER DAVIES TO ADDRESS ANNUAL B-BBEE COMMISSION CONFERENCE ON IMPROVING STATE PROCUREMENT FOR REAL ECONOMIC EMPOWERMENT The Minister of Trade and Industry, Dr Rob Davies will address the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s annual conference that will take place at the Gallagher Convention Centre in Midrand, Gauteng Province,…