Publication
Blockchain law: Beyond our borders
Legal developments concerning blockchain and digital assets are not limited to the English-speaking world or to common-law jurisdictions.
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.
Publication
Legal developments concerning blockchain and digital assets are not limited to the English-speaking world or to common-law jurisdictions.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023