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SA companies face B-BBEE compliance challenges

South Africa – Despite being knowledgeable and changing their approach to broad-based black economic empowerment (B-BBEE), companies still face challenges in achieving accepted scores of compliance with the policy.

This is the view from a 2013 KPMG B-BBEE survey, which revealed a year-on-year decrease in the average score of 52.53 points, compared with 2012′s 63.95 points – resulting in a drop in the B-BBEE average status level from 5 to 6.

Companies say they are struggling to comply with employment equity as “there is a shortage of skills among black employees”…

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South Africa Today – South Africa News