The commission that monitors compliance with empowerment legislation has raised concern that the economic transformation drive is stalling and has called for the tightening of sanctions against companies that fail to comply with the country’s empowerment laws.

On Sunday, the Broad-Based BEE (BBBEE) Commission released its report on the national status and trends on broad-based economic empowerment for 2021 which showed that overall black ownership dropped to 29.5% from 31% in 2020...

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