Tag: The BEE Chamber
EAP versus sectoral versus B-BBEE targets
Since President Ramaphosa signed the Employment Equity Amendment Bill into law on 12 April 2023, there has been significant commentary - from positive to strongly negative - of the impact the amendments may have. Much of it has referred to Broad-Based Black Economic Empowerment (B-BBEE) changes when there have in fact not been any amendments in terms of B-BBEE.
The risks around B-BBEE fronting practices
Even with South Africa almost 30 years into its democracy, Broad-Based Black Economic Empowerment (B-BBEE) 'Fronting Practice' is still a widespread practice that significantly undermines the creation of a more equal and prosperous South African society.
