Council, Minister discuss BBBEE achievements, shortfalls

The Broad-Based Black Economic Empowerment (BBBEE) Advisory Council last week conceded that the generic 25% black ownership target across industries should be inclusive of active participation of the beneficiaries and not passive involvement. The council met with Trade and Industry Minister Dr Rob Davies on April 12 to provide strategic direction and share insights for the contemporary discourse on BBBEE and broader transformation in South Africa.