B BBEE Act

 
Court grants declaratory order on 'once empowered always empowered' BEE transactions
Court grants declaratory order on 'once empowered always empowered' BEE transactions
A High Court has granted a declaratory order on the “once empowered always empowered” rule for BEE ownership transactions related to the mining...
Only beneficiation will stamp out
Only beneficiation will stamp out
The Youth Employment Service (YES) launched by President Cyril Ramaphosa this week has been cautiously welcomed by organised labour, which insists...
​State owned entities must implement B-BBEE
​State owned entities must implement B-BBEE
Minister of Trade and Industry Rob Davies called on state-owned entities to play a more robust role in implementing the Broad-Based Black Economic...
BEE commission to probe Gupta-linked firms for allegedly faking certificates
BEE commission to probe Gupta-linked firms for allegedly faking certificates
The broad-based black empowerment commission has agreed to investigate three Gupta-linked companies for allegedly faking certificates to get...
​Multinational accused of BEE fronting
​Multinational accused of BEE fronting
The giant multinational company Servest is being investigated for fronting, allegedly pocketing more than R3-million for a contract and the...
Long-awaited BEE ombud still a work in progress
Long-awaited BEE ombud still a work in progress
After spending more than 18 months going through approval processes, the now-entrenched Broad-Based Black Empowerment Amendment Act calls for the...
Choose your partners with care
Choose your partners with care
South Africa is in a transition phase at the moment — broad-based black economic empowerment (B-BBEE) codes were revised last year, and these...
‘We simply have to deliver’
‘We simply have to deliver’
Twenty years is a significant chunk of time to evaluate the progress we have made towards achieving economic transformation.
BEE fronting is fraud, says Zuma
BEE fronting is fraud, says Zuma
Addressing the first national summit on broad-based black economic empowerment (B-BBEE) in Midrand, Zuma said "fronting is unforgivable as it...
Despite challenges, Davies views B-BBEE as a success
Despite challenges, Davies views B-BBEE as a success
While broad-based black economic empowerment (B-BBEE) was initially not effective nationally, it has been a success, Trade and Industry Minister...
Davies moves to clarify B-BBEE amendments
Davies moves to clarify B-BBEE amendments
There is no confusion regarding the beneficiaries of the B-BBEE Amendment Bill, Trade and Industry Minister Rob Davies said on Wednesday.

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