SABC News - Too many companies fronting BBBEE: Zodwa Ntuli:Tuesday 29 March 2016

Too many companies fronting BBBEE: Zodwa Ntuli

Tuesday 29 March 2016 08:00

SABC

Zodwa Ntuli says fronting undermines transformation.(SABC)

Acting Broad-Based Black Economic Empowerment (BBBEE) Commissioner Zodwa Ntuli  says too many companies are putting black employees as stakeholders, sometimes without their knowledge as a form of fronting in order to get higher BEE ranking.

Ntuli says such practices undermine transformation.

Speaking on Morning Live, she says some companies set up skills training programmes only to rotate people which have already been trained.

“As the office of the BBBEE Commissioner, we are working to monitor the BBBEE act, to make companies comply with the act. We are going to work with companies to get them to do this right so there is no fronting, because transformation is for the good of everyone,” says Ntuli.  

The Trade and Industry Department and the BBBEE Commissioner are hosting a conference in Midrand, Johannesburg on Tuesday to discuss acts such as these and to create awareness.

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