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…