
ASISA: Transformation Fund should build on what is already working
The savings and investment industry says it supports transformation but warns that a proliferation of overlapping policy frameworks could undermine gains already achieved.

The savings and investment industry says it supports transformation but warns that a proliferation of overlapping policy frameworks could undermine gains already achieved.

Draft amendments to the B-BBEE Codes introduce the government’s proposed Transformation Fund into the compliance framework, reshaping enterprise development, procurement incentives, and scorecard calculations.

The Fund is intended to amplify, not replace, existing enterprise and supplier development mechanisms under the B-BBEE framework.