The B-BBEE Commission’s office extended its timelines for submission of major B-BBEE transactions and B-BBEE compliance reports (for JSE listed entities) to a later date. It also provides guidance on the filing of correspondence and documents during Level 4 lockdown. See the attached notice from the B-BBEE Commission for more details.
In addition, the B-BBEE Commission published some questions posed to them in relation to the impact of Covid-19 on B-BBEE implementation. These questions can be accessed by following the link below:
6 May: B-BBEE Commission NOTICE TO ALL STAKEHOLDERS AND CLIENTS FOR LEVEL 4 LOCKDOWN
5 May: B-BBEE Commission NOTICE TO ALL STAKEHOLDERS AND CLIENTS FOR LEVEL 4 LOCKDOWN
Click here to see the B-BBEE Commission Covid-19 Frequently Asked Questions
If you have any queries or advisory in this regard, please do not hesitate to contact our team at Alternative Prosperity.
