Tuesday, 20 April 2021

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XXXIX, No 5, 08/03/2021

South Africa: B-BBEE Commission clarifies reporting obligations

South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) Commission has issued a clarification to help businesses with their reporting requirements. The reporting obligations are increasingly onerous and often unclear. The policy plays an important role in the DTI’s civil offset prospectus, the National Industrial Participation (NIP) programme.

 

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