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December 4, 2008
No BEE law changes -- official
CAPE TOWN -- The trade and industry department did not see a need to review black economic empowerment (BEE) legislation and codes of good practice now as Trade and Industry Minister Mandisi Mpahlwa suggested last week, director-general Tshediso Matona said yesterday.
In an extraordinarily candid admission about differences of opinion between the department and its minister, Matona said the view expressed by Mpahlwa was a personal one not shared by the department. It was "misleading" to suggest a change in the black economic empowerment regime was in the pipeline anytime soon.
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Posted by StaffWriter at December 4, 2008 8:47 AM