By Lungile Ntimba
While some big businesses are up in arms over the Employment Equity Amendment Act that comes into effect on 1 January 2025, the revisions will make it easier for small enterprises to grow and focus on job creation due to less regulatory obstacles.
Larger companies are concerned about the implications of the changes, including identifying specific national economic sectors and setting numerical employment equity targets for each sector.
Also, from next year, an employer will only be considered a designated employer for purposes of the affirmative action provisions of the EEA if it hires less than 50 people.
There will no longer be any consideration for an employer’s total annual turnover.
Reacting to the amendments, which were gazetted in late November, Employment and Labour Minister Nomakhosazana Meth was upbeat this week about the impact of the regulatory flexibility on SMMEs.
“In the next 2025 EE reporting cycle
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