The Management Control Element of the Revised Broad-Based Black Economic Empowerment Codes

THE MANAGEMENT CONTROL ELEMENT OF THE REVISED BROAD-BASED BLACK ECONOMIC EMPOWERMENT CODESEarlier this month (March 2014) it was reported that the Department of Trade and Industry (“DTI”), the custodian of the Revised Broad-Based Black Economic Empowerment Codes of Good Practice (“New Codes”), has decided to delay the implementation date of the New Codes from October 2014 to sometime in 2015, probably in April. This is reportedly to afford the different sectors that have Sector Codes to align their Sector Codes with the codes.

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