The Broad-Based Black Economic Empowerment Commissioner has raised concerns on the adequate implementation and the future of Black Economic Empowerment in the country.
The B-BBEE legislation was adopted through Section 92 of the Constitution to redress the socio-economic imbalances that were created by apartheid and ensure economic opportunities for previously marginalised races.
In a step to deepen the countrys economic transformation efforts, the Triple BEE Commission and the Black Management Forum BMF have signed a Memorandum of Understanding under the theme: Safeguarding B-BBEE Amidst Challenges in Implementation.
This has been described by Commissioner Tshediso Matona as a collaborative effort to defend and advance South Africas transformation agenda.
Commissioner raises concerns over BEE