This was sent to me by a few people. It's noise, it's nonsense, and isn't even good journalism. The awdoz is not good at her job. That job should not exist in the first place. There's not much going on there. They've lost two cases that I know about - both highlighting their incompetence. The latter case is a better one for me because it's SASOL OIL. Not a small company. Shows that they've got balls. It also shows that large business has had enough of government.
These were the findings
[69] Having heard counsel for the parties, the following order is made:
69.1.1 The Commission’s Sasol Oil dated 7 October 2019, including its ‘finding’ in paragraph 6 and 7, its ultimatum in paragraph 8 and 17, and its threats in paragraph 9, is reviewed, declared invalid and set aside.
69.2 The Commission is interdicted from
i.Making unlawful demands of Sasol Oil, and
ii.Threatening to invoke its powers against Sasol Oil if it does not comply with the Commission’s unlawful demands
69.3 The Commission is ordered to pay Sasol Oil’s costs including the costs of three counsel
Not to be outdone - the awesome releases a report that drew its information from a very small sample of companies and so she concludes that government needs to clamp down and make BEE compliance compulsory. It's not going to happen. They'll take your business by force if they want it. But they don't have the credibility nor legitimacy to start listening to the awful awdoz and her crew of clowns.
The Broad-Based Black Economic Empowerment Commission (B-BBEE Commission) has published its annual broad-based black economic empowerment (B-BBEE) trends report for2021, showing a decline in compliance and a drop in black ownership of businesses in South Africa.
The report is based on data derived from annual compliance reports submitted to the B-BBEE Commission by JSE-listed entities, organs of state, public entities, and Sectoral Education and Training Authorities (SETAs).
According to legal firm Webber Wentzel, the commission saw fewer compliance reports submitted in 2021, with the current data uploads decreasing by 76% from 5,818 in 2019 to 1,373 in 2021.
The B-BBEE Commission said that this downturn in the submission of compliance reports was due to the fact that the Broad-Based Black Economic Empowerment Act does not adequately cater to the consequences of non-compliance with the Act’s requirements.
The B-BBEE Commission has therefore recommended that the B-BBEE Act be amended to include consequences of non-compliance in the form of administrative penalties and criminal sanctions. It also wants to provide quicker resolution of B-BBEE violations by establishing a specialised tribunal.
“The B-BBEE Act, according to the B-BBEE Commission, should also provide for mandatory uploading of B-BBEE certificates by B-BBEE verification agencies on the B-BBEE Commission’s certificate portal,” Webber Wentzel said.
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