B-BBEE NEWS: Annual B-BBEE report

This just in: The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act, which report shows that only 43% of the JSE listed entities and 10% of the organs of state submitted their annual compliance reports as required, with the majority clearly failing to comply. This year’s report shows no significant change in the levels of transformation with black ownership reflecting a decline to 25.2% black ownership from 27% in 2017 and management control still sitting at 38% for black people.......... https://lnkd.in/dY7crB4 ..........TIME FOR THE GOVERNMENT TO CRACK THE B-BBEE WHIP!!! #transformation #bbbee #murason #diversityandinclusion See link for more details: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_transformation-bbbee-murason-activity-6552278374721572864-5wHs