« Credit crisis affects funds for BEE deals | Main | Political shifts threaten BEE »
April 2, 2009
Financial Sector Charter has not collapsed - Treasury
The National Treasury would like to advise that, contrary to media reports the Financial Sector Charter (FSC) has not collapsed because of the March 31 2009 deadline. The deadline as in fact much earlier, 31 August 2008.
The Department of Trade and Industry (the dti) issued a statement on August 31 2008 indicating that it would be processing the FSC as per section 9 of the B-BBEE Act as a sector charter.
Posted by StaffWriter at April 2, 2009 7:09 AM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)