Just a Name Change? Transformation Study Confirms BBBEE Commitment

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Does “black-owned” mean the same thing as “economically transformed”? Or is it a case of wanting to have your cake and eat it too? Empowerdex confirmed that black ownership in the hake deep-sea trawl fishery had increased, but is this enough? Find out what Johann Augustyn, Secretary of SADSTIA, has to say…

This has been raised repeatedly in recent years and a newly completed study by Empowerdex confirms the hake deep-sea trawl fishery is 66.6% black-owned and a Level 2 contributor to broad-based black economic empowerment.

There’s more to read here…

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