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…