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

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