Impact SA

B-BBEE

CCBSA triples the size of its employee share ownership scheme

Coca-Cola Beverages South Africa (CCBSA) is pleased to announce that together with the Department of Trade, Industry and Competition (the dtic) and the Competition Authorities, we have reached an agreement on an updated CCBSA B-BBEE ownership condition. CCBSA’s B-BBEE ownership will be increased to a revised 20% target, with a significant worker ownership component.  “This …

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B-BBEE ICT sector council reviews transformation plan

The Broad-Based Black Economic Empowerment (BBBEE) ICT sector council is set to review the 2016 amended ICT sector transformation plan in response to the impact of the fourth industrial revolution (4IR) and the COVID-19 pandemic. The strategy will focus on the inclusion of disabled black women and unemployed youth in the mainstream ICT economy, says …

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