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Flash Report – Key Changes in Broad-Based Black Economic Empowerment (B-BBEE) Legislation
European Union – South Africa (EU-SA) Partners for Growth
Key changes in Broad-Based Black Economic Empowerment (B-BBEE) legislation since 2015 which impact EU businesses in South Africa
This Flash Report provides an aerial perspective on the key legislative changes in Broad-Based Black Economic Empowerment (B-BBEE) since 2015, most notably as it is effected through amendments to the B-BBEE Codes of Good Practice and as it pertains to the impact on EU businesses in South Africa.
This research prepares the ground to a survey on different experiences by several EU companies in complying with B-BBEE policies, which is aimed at carving a realistic scope for advocacy with regard to these policies striking the balance between attracting foreign investments and achieving true transformation of the South African economy.