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Article: Dti gazettes B-BBEE Amendment Bill
- Thread starter rpm
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Trade and Industry Minister Rob Davies has gazetted the Broad-Based Black Economic Empowerment Amendment Bill (B-BBEE), which aims to align the B-BBEE Act with other legislations impacting on black economic empowerment.
The amendments also aim to establish a B-BBEE Commission that will set up an institutional environment for monitoring and evaluating black economic empowerment. It also provides for the regulation of the verification industry by the Independent Regulatory Board of Auditors, while also dealing with non-compliance and circumvention by introducing offences and penalties.
The amendments also aim to establish a B-BBEE Commission that will set up an institutional environment for monitoring and evaluating black economic empowerment. It also provides for the regulation of the verification industry by the Independent Regulatory Board of Auditors, while also dealing with non-compliance and circumvention by introducing offences and penalties.