Gender pay gap disclosure not included in new law
Members of the portfolio committee vote against addition to amendment bill
16 November 2023 - 15:20
Companies listed on the JSE will not need to disclose their gender pay gap ratios after a parliamentary committee voted against adding such a requirement to the Companies Amendment Bill.
The amendment bill, which is being considered by the portfolio committee on trade, industry & competition, proposes changes to the Companies Act and requires better disclosure of the pay gaps at a listed firm to deal with inequality in SA...
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