Jul 24, 2017 SOURCE: © CTO Data Services Co.
SOUTH AFRICA: NEW BLACK ECONOMIC EMPOWERMENT REQUIREMENTS AFFECT OBLIGORS - SEND MINING COMPANIES DIVING
South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) Commission has declared that from June 9th, 2017 the threshold value for major B-BBEE transactions to qualify for registration is R25m ($2m). All major B-BBEE transactions must be registered within fifteen days of being concluded. The former threshold was R100m.
The Minister of Trade...
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