Businesses should gear up for revised B-BEE Codes
South African businesses will have to go the extra mile in the next few years to maintain their codes in relation to the Department of Trade Industry’s (DTI) Revised Black Economic Empowerment (BEE) plan. Though the business process might become more complex, there are existing tools that can help simplify the process. The BEE plan seeks companies […]
Revised Codes might put pressure on compliance
Despite companies being knowledgeable and changing their approach to broad-based black economic empowerment (B-BBEE), they still face challenges in achieving accepted scores of compliance with the policy.This is the view from a 2013 KPMG B-BBEE survey.