South Africa Reviews B-BBEE for Real Economic Empowerment
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Deputy President Paul Mashatile emphasizes the importance of Broad-Based Black Economic Empowerment (B-BBEE) in South Africas economic transformation. He announces a two-phased review of the B-BBEE framework, led by Trade, Industry and Competition Minister Parks Tau. The first phase refines regulations, while the second phase examines the main B-BBEE Act for changes. Public hearings will gather ideas, including the DAs Economic Inclusion for All Bill. Mashatile addresses issues like fronting and calls for genuine black participation in the economy.
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