Submission on the Companies Amendment Bill 2021
Summary
The Institute for Economic Justice submits that the Companies Amendment Bill 2021 introduces essential legal requirements for wage gap disclosure, binding votes on executive pay, and company ownership transparency to combat South Africa's severe socio-economic inequality.
Key insights
- Civil society organisations support the Companies Amendment Bill 2021 for introducing legal requirements regarding transparency in company ownership, binding votes on executive pay, and the disclosure of wage gaps.
- Inequality in South Africa is described as widespread, multidimensional, and the country's most significant socio-economic challenge, with minimal progress made since the end of apartheid.
- The submission criticizes sectors of the business community that oppose wage gap transparency, noting that South Africa is the most unequal society in the world.
Cite the original document
- APA
- iej_admin (2021). Submission on the Companies Amendment Bill 2021. Institute for Economic Justice. https://iej.org.za/resource/submission/submission-on-the-companies-amendment-bill-2021/
- Chicago
- iej_admin. Submission on the Companies Amendment Bill 2021. Institute for Economic Justice, 2021. https://iej.org.za/resource/submission/submission-on-the-companies-amendment-bill-2021/.
- Wikipedia
- {{cite press release |last1=iej_admin |title=Submission on the Companies Amendment Bill 2021 |publisher=Institute for Economic Justice |date=16 December 2021 |url=https://iej.org.za/resource/submission/submission-on-the-companies-amendment-bill-2021/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{iejadmin2021submission, author = {iej\_admin}, title = {{Submission on the Companies Amendment Bill 2021}}, publisher = {Institute for Economic Justice}, year = {2021}, month = dec, url = {https://iej.org.za/resource/submission/submission-on-the-companies-amendment-bill-2021/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
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