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THE

BEECHAMBER

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NEWS

FSTC RELEASES 2020/21 STATE OF TRANSFORMATION REPORT



The Financial Sector Transformation Council (FSTC) has recently released the 2020/21 State of Transformation Report which covers the theme of “Intentionality Beyond Tick Boxes: How meaningful is the transformation agenda?”


The Report highlights the performance of the Financial Services Sector in respect of Broad-Based Black Economic Empowerment as well as the challenges that are still being faced.


The below table extracted from the Report summarises the B-BBEE Statuses Levels of Large Enterprises operating in the Financial Services Sector.

Members are welcome to engage further with the BEE Chamber to discuss aspects of the 2020/21 State of Transformation Report released by the FSTC.

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