BEE legislation needs to be clarified, disseminated and overseen
Since the inception of broad-based BEE (B-BBEE), its regulations and inner workings have been the preserve of a select few. For the intended beneficiaries, understanding BEE is on a need-to-know basis, with the majority seemingly not needing to know. But how can the majority benefit from a system they do not understand?
Core to the existence of the ICT (information & communications technology) SMME Chamber is preventing developments where the flouting of BEE policies poses a threat to the development of our members — ICT entrepreneurs. Recent cases in the BEE space warrant attention, especially regarding attainment of level one broad-based BEE status by largely untransformed corporates...
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