The Broad-Based Black Economic Empowerment Commission has recently published Explanatory Notice 01 of 2024.
This Explanatory Notice is issued in terms of section 13F(3)(b)(i) of the Broad-Based Black Economic Empowerment Act to guide the parties/entities regarding the process and documents to be submitted in registering a Major B-BBEE transaction to comply with the requirements of the Broad-Based Black Economic Empowerment Act, including regulation 18 of the B-BBEE Regulations of 2016.
This Explanatory Notice replaces Explanatory Notice 1 of 2017 effective from date of issue
Technical Services are available for Members who need assistance with understanding Major B-BBEE Transactions.
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