Jacob Zuma Appoints Members to B-BBEE Advisory Council in 2013
What happened
On December 5, 2013, President Jacob Zuma appointed Yershen Pillay and Nomaxabiso Majokweni to the Broad-Based Black Economic Empowerment Advisory Council. The Council is responsible for providing guidance and monitoring on B-BBEE performance and making policy recommendations to address implementation challenges in the country. notes that Nomaxabiso Majokweni is the Chief Executive Officer of Business Unity South Africa and Yershen Pillay is the Executive Chairperson of the National Youth Development Agency.
From sanews.gov.za
Why it matters
The Advisory Council provides leadership and direction for the implementation of B-BBEE, which is a transformation policy designed to address challenges in the economy. The council's function is to guide policy recommendations regarding the state of B-BBEE performance.
From sanews.gov.za
Who's involved
- Jacob ZumaPresident who appointed the Advisory Council members
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Industrial Development CorporationSpeculative
State development funding and investment strategy might be affected by policy guidance on B-BBEE.
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The entities involved
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Jacob Zuma
4th President of South Africa (2009–2018)