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Media release

 

27 March 2012

 

GAZETTING OF AGRIBEE SECTOR CODES FOR PUBLIC COMMENT

 

"The Agricultural Business Chamber (ABC) welcomes the release of the AgriBEE Sector Codes for public comment, as gazetted on Monday, 26 March 2012. Through its integral involvement in the AgriBEE Charter Council, the ABC was very much party to the process leading to the gazetting of the AgriBEE Sector Codes and thus endorses the process facilitated by the AgriBEE Charter Council", said Dr John Purchase, CEO of the ABC, today.

 

The ABC will now actively engage with its members to determine the potential impact of the AgriBEE Sector Codes on the progress to be made by agribusinesses in implementing their B-BBEE and transformation strategies. Agribusinesses have been implementing their B-BBEE strategies based on the generic Codes of Good Practice and the changes could impact on their progress in achieving their goals in this regard. There is however concern around the impact of the B-BBEE Amendment Bill, recently gazetted for public comment, and its provisions on Sector Codes that needs to be clarified.

 

"The ABC advises agribusinesses to carefully peruse the linked gazetted AgriBEE Sector Codes and to participate in the ABC's processes in establishing its position and comments thereon. The ABC will soon announce a date and particulars for a workshop during which ABC members can articulate their positions", said Dr Purchase.

 

The ABC, together with its members, strives to achieve successful B-BBEE implementation and sustainable transformation in the agribusiness industry. The ABC will continue to negotiate for a regulatory environment which is enabling and enhancing towards agribusiness to implement their BEE strategies and achieve their growth and business goals, also to the benefit of the country and its people.

Linked find the following documents:

Media Statement from the Department of Agriculture, Forestry and Fisheries on the Publication of the Draft AgriBEE Sector Codesť
 

Government Gazette No.35167, General Notice 251 on B-BBEE Act (53/2003): Codes of Good Practice on B-BBEE: For public commentsť
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For more information please contact:

 

Dr John Purchase, john@agbiz.co.za, Tel: 012 807 6686, Cell: 082 441 2308 or

Ms Lindie Stroebel, lindie@agbiz.co.za, Tel: 012 807 6686, Cell: 079 497 1594

 

 
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