B-BBEE-NATIONAL-STATUS-AND-TRENDS-ON-B-BBEE-TRANSFORMATION-JULY-SP-Final
B-BBEE COMMISSION ANNUAL REPORT ON NATIONAL STATUS AND TRENDS ON B-BBEE SHOW STAGNATION IN CHANGING OWNERSHIP PATTERNS
The B-BBEE Commission has released the report on the National Status and Trends on broad-based economic empowerment (B-BBEE) for the calendar year 2021, which shows a 1.5% shrinkage in the levels of transformation with the overall black ownership reflecting a 29.5% decline from 31% of black ownership in 2020, management control is sitting at 51.6% overall from 57% in 2020. Further, there was 0% of entities listed on the JSE that are 100% black owned, which is the same as in 2020, while 3% were reported in 2019 and 1% in 2018 read more