Most companies failing to comply with BEE laws, commission says




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The commission that monitors compliance with empowerment legislation says it is concerned by the overall slow pace of economic transformation in the country.

On Tuesday, the Broad-Based BEE (BBBEE) Commission released its report on the national status and trends on broad-based economic empowerment for 2019 which showed a decrease in the number of submitted compliance reports by JSE-listed entities, from 43% in 2018 to 42% the year after.