Three Amended Sector Codes approved by Cabinet

November 7, 2017

Cabinet yesterday (6 Nov) approved the Agriculture, Finance and Construction Codes. Expectations are that these will be gazetted soon.

 

The excerpt from the Cabinet statement is as follows:

 

"11.2. Cabinet supported the proposed amendments of the three B-BBEE Sector Codes. The amendments address sector challenges and peculiarities on transformation that would otherwise not be addressed fully by the generic codes. The three sectors are in Agriculture, Finance and Construction. The proposed amendments have been canvassed with the relevant stakeholders. All the amended sector codes will be gazetted"

 

Seen full statement below:

 

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Statement on the Cabinet Meeting of Wednesday, 1 November 2017