Herbert Smith Freehills ESG Tracker (SADC Edition)
There are so many ESG–related publications and
developments that it is hard to keep abreast of them all. For this
reason, HSF publishes a monthly tracker of ESG–related
publications and developments, with a primary focus on developments
that may be of most interest to or impact our clients in the
Southern African Development Community, be they corporates, asset
managers or asset owners.
Key updates covered in this edition include:
- South Africa: The National Council of Provinces passed the
Employment Equity Bill [B14–2020] and it has been sent it to
President for assent. Among other things, the Employment Equity
Bill aims to: (i) reduce the regulatory burden on small
business; (ii) empower the Minister of Employment and Labour to
regulate sector specific employment equity numbers; (iii) give
effect to section 53 of the Employment Equity Act which provides
for the issuing of Employment Equity Compliance
