B-BBEE Commission to embark on Provincial Conferences Roll-out

The Broad-Based Black Economic Empowerment (B-BBEE) Commission will embark on a series of provincial conferences to educate, create awareness, and showcase services from various government entities that are tailor made to assist businesses, especially Small, Medium and Micro Enterprises (SMMEs) and previously disadvantaged individuals to participate meaningfully in the South African economy.   The provincial…

Economic Transformation Still Hampered by Fronting: Minister Rob Davies

The Minister of Trade and Industry, Dr Rob Davies says the more black people are able to exercise true business ownership powers, the more economic transformation will take hold in South Africa. Minister Davies was speaking at the Broad-Based Black Economic Empowerment Commission’s (B-BBEE Commission) annual conference, at Emperors Palace in Ekurhuleni. The B-BBEE Commission…

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 confirms receipt of a Complaint received from Mr Dean Mecpherson of the Democratic Alliance against Eskom, BEE Matrix, Tegeta, Optimum and Trillian

MEDIA RELEASE DATE: 05 MARCH 2018 B-BBEE COMMISSION CONFIRMS RECEIPT OF A COMPLAINT RECEIVED FROM  MR DEAN MECPHERSON OF THE DEMOCRATIC ALLIANCE AGAINST ESKOM, BEE MATRIX, TEGETA, OPTIMUM AND TRILLIAN The B-BBEE Commission has today received a complaint through the prescribed process from Mr Dean MacPherson of the Democratic Alliance against Tegeta Exploration and Resources…

B-BBEE Commission Initiates Investigations into Possible Fronting Practices and Non-Compliance with B-BBEE ACT

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has initiated investigations against specific entities for possible violation of the B-BBEE Act relating to the B-BBEE ownership structures and non-compliance with the Codes of Good Practice in respect of the verification process. All entities were notified, and if there are adverse findings against them, they will be…