Back to overview

Broad-Based Black Economic Empowerment Amendment Bill

}

Summary

This is a bill to amend the Broad-Based Black Economic Empowerment Act, 2003, so as to insert certain definitions and to amend others; to clarify interpretation; to provide for the remuneration of Council members; to promote compliance by organs of state and public entities and to strengthen the evaluation and monitoring of compliance; to include the creation of incentive schemes to support black owned and managed enterprises in the strategy for broad-based black economic empowerment; to provide for the cancellation of a contract or authorisation; to establish the Broad-Based Black Economic Empowerment Commission to deal with compliance of broad-based black economic empowerment; to provide for offences and penalties; and to provide for matters connected therewith.

Broad-Based Black Economic Empowerment Amendment Bill
Issuer

South Africa

Year

2012

Region

Africa

Issuer (type)

Parliament of South Africa (Government)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Public administration
  • Information
  • Education
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 1: No Poverty
  • SDG 5: Gender Equality
  • SDG 10: Reduced Inequality
  • SDG 11: Sustainable Cities and Communities

We have sent you the download link, please check your inbox.

Download again

Something went wrong when trying to download this file.

Try again