New BEE rules announced for IT companies in South Africa
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The Independent Communications Authority of South Africa (Icasa) has announced new regulations aimed at promoting historically disadvantaged South Africans in the ICT sector.
In a directive published on Wednesday (31 March), the regulator said that the purpose of these regulations is to promote equity ownership by historically disadvantaged groups and to promote B-BBEE.
In achieving this, Icasa said that the regulations will:
Facilitate diversity and transformation in the ICT Sector by promoting B-BBEE, with particular attention to the needs of women, opportunities for youth and challenges for persons with disabilities;