Ports Regulator SA, B-BBEE Commission sign MOU to strengthen partnership on economic transformation in the Ports Sector

  MEDIA RELEASE To: All Media Attention: News Editors For Immediate Release DATE: 13 March 2024   Ports Regulator SA, B-BBEE Commission sign MOU to strengthen partnership on economic transformation in the Ports Sector     On Wednesday, 13 March 2024, Ports Regulator of South Africa’s (PRSA) Chief Executive Officer, Ms. Mukondeleli Johanna Mulaudzi and…

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.…

B-BBEE Commission Annual Report on National Status and Trends on B-BBEE Show Stagnation in changing Ownership Patterns

MEDIA RELEASE DATE: 31 JULY 2022   B-BBEE COMMISSION ANNUAL REPORT ON NATIONAL STATUS AND TRENDS ON B-BBEE SHOW STAGNATION IN CHANGING OWNERSHIP PATTERNS The B-BBEE Commission has released the report on the National Status and Trends on broad-based economic empowerment (B-BBEE) for the calendar year 2021, which shows a 1.5% shrinkage in the levels…

White people, Foreign nationals, Permanent residents, do not qualify for a benefit under the B-BBEE Act: It is illegal conduct

MEDIA RELEASE DATE: 14 OCTOBER 2021   The B-BBEE Commission appeals to organs of state and public entities to enhance due diligence processes to detect and reject invalid B-BBEE claims made by entities during procurement, licensing, granting of economic incentives, sale of state assets or public private partnership processes to ensure compliance with the B-BBEE…