Government to impose employment equity targets on business
Due to the lack of transformation, the state proposes fines of up to 10% of turnover and firms being disqualified from working with government
21 July 2020 - 17:13
Minister of employment and labour Thulas Nxesi gazetted amendments to the Employment Equity Act on Monday, which, if passed, will give him the authority to set employment equity targets for employers across the economy.
Companies that fail to comply with the targets can be fined between 1% and 10% of turnover and will be disqualified from doing business with the government...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.