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3rd Wave BEE

Scrap BEE blacklist for financial sector

SCRAP BEE BLACKLIST FOR FINANCIAL SECTOR


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Why this case?

The Financial Sector Transformation Council wants to enforce a provision in the Financial Sector Code under which companies that do not comply with BEE can be exposed on a type of black list.
Sakeliga will therefore apply at the High Court for a declaratory order that the relevant paragraph of the Code is unlawful and set aside.

Case details

Status: Court papers being prepared

Case commenced: -

Court: High Court: Pretoria

Next court date: 
Case yet to be filed.


Timeline of events


Court papers

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4 March 2022Court papers being finalised.9 December 2021Sakeliga's legal team preparing court papers.22 June 2021Sakeliga obtains a legal opinion on the matter, and meets with role players in the industry to make a needs assessment with regards to the legal aid to be sought.

COURT PAPERS

Yet to be filed.

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