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Threshold For Major B-BBEE Transactions

Dear Sir/Madam,

Minister Rob Davies has signed the notice in respect of Major B-BBEE transactions in terms of B-BBEE ownership.  All major B-BBEE transactions are required to be registered with the B-BBEE Commission.  This refers to all transactions whose transaction value is equal to or exceeds R25 million.  Those transactions which were entered into on or after 24 October 2014 but before 9 June 2017 must be registered with the B-BBEE Commission within 60 days of the attached notice.

Empowerdex Team

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