JSE firms face censure over BBBEE non-compliance

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JSE firms face censure over BBBEE non-compliance
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Commission head Zodwa Ntuli says companies are increasingly failing to report on their empowerment progress

The department of trade, industry and competition is preparing to issue non-compliance notices to a raft of JSE-listed companies that have not filed reports with its BBBEE Commission as required by law.

Speaking in parliament on Wednesday, BBBEE commissioner Zodwa Ntuli Ntuli said reporting by JSE-listed companies as required by the BBBEE Act had declined significantly since 2020 and the commission was taking action against this non-compliance...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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