ABP SUMMARY ON STATEMENT 000, STATEMENT 300, STATEMENT 400 AND SCHEDULE 1

B-BEE Code Amendments 31^st May 2019, No. 42496

Broad-Based Black Economic Empowerment Amendment Act (53/2003)

Statement 000, 300, 400 and Schedule 1 of Good Practice on Broad-Based Black Economic Empowerment

On 31 May 2019, the dti
released, a new version of the Preferential Procurement, Enterprise –
and Supplier Development element, Skills Development Element, General
Principles, as well as updates on Interpretations and Definitions.