Material Changes to the New BEE Act

The Department of Trade and Industry has introduced a Broad-Based Black Economic Empowerment Amendment Act, 2013 (‘the BEE Amendment Act’), which fundamentally amends the Broad-Based Black Economic Empowerment Act, 2003 (‘the Principal BEE Act’).  It has also introduced revised ‘generic’ BEE Codes of Good Practice (‘the Amended BEE Codes’), which amend and replace the ‘generic’ …

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