B-BBEE legislative changes moving forward

The bill to amend Broad-Based Black Economic Empowerment (BBBEE) legislation could be tabled in August 2011, director-general of the Department of Trade and Industry, Lionel October, said in parliament recently. The bulk of the changes are designed to align growth in order to increase production and strengthen score cards that deal with preferential procurement and enterprise development so that these will be given some extra weight, October said.