With
Sanjay Kassen
B-BBEE is a policy of the South African government which is aimed at increasing participation by previously disadvantaged South Africans in economic activities.
With
Sanjay Kassen
On 15 December 2017, the South African Department of Trade and Industry (the "DTI") published a memorandum of understanding entered into between the Companies and Intellectual Property Commission...
With
Sanjay Kassen,
Nkosi Tshabalala
On 9 November 2016, a notice was published by the South African Department of Trade and Industry, in terms of which the DTI proposed that all major broad-based black economic empowerment...
With
Sanjay Kassen
Interestingly, the B-BBEE Commission acknowledges that the Codes, as currently drafted, do not provide for such limitations in claiming any enhanced recognitions status.
With
Sanjay Kassen
A person found guilty of a fronting practice could face a fine and/or a prison sentence of up to 10 years.
With
Sanjay Kassen
The enforcement of the trumping provision created a lot of uncertainty in the industry, especially as to the status of the existing Sector Codes.
With
Sanjay Kassen
The controversial so-called trumping provision of the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013 has come into force and effect as of 24 October 2015...