B-BBEE

News

DTI proposes automatic BEE Level 1 or 2 for large businesses

PROPOSED CHANGES TO B-BBEE CODES TO ALLOW AUTOMATIC RECOGNITION FOR GENERIC ENTITIES On 29 March the DTI published a fairly groundbreaking proposal to amend the BEE Codes of Good Practice in order to allow businesses with a turnover of R50…

louis
April 3, 2018

News

B-BBEE commission report on fronting

The recently established B-BBEE Commission has reported that, since opening its doors in April, it has already received some 95 complaints of fronting. According to a Business Day report, a large portion of these complaints relate to Employee Ownership Schemes.…

louis
August 16, 2016