Publication
Arbitration trends in the Middle East: What to expect in 2024 and beyond
The last several years have seen rapid growth in the Middle East.
Author:
Publication | June 2018
On March 29 and June 15, 2018, the Department of Trade and Industry (DTI) released two draft amendments to the BEE Codes. Amongst other changes, there is a clear focus by the DTI on prioritisation of companies owned by at least 51 per cent Black people, including Black women.
In addition to general amendments, the proposed amendments include that:
Generic enterprises (being entities with a turnover of more than R50 million) will be entitled to the following automatic BEE levels:
Please let us know if you require any further information on how these amendments may impact on your shareholding structures, procurement arrangements and enterprise development and supplier development arrangements.
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