Indigenisation and Economic Empowerment Act updated May 2011
(d) businesses shall utilise indigenous knowledge systems, and promote local research and
development as well as promote technology transfer.
Employment Responsibility
All businesses shall subscribe to equal employment opportunities for all.
Safety and Health Responsibility
All businesses shall create a safe and healthy working environment for their employees.
Environmental Responsibility
All businesses shall protect the environment in which they operate in order to ensure
sustainable development.
Legal Responsibility
Businesses shall, in their operations, abide by the laws, rules and regulations governing the
country’s economy.
Social Responsibility
All businesses should contribute socially to the communities they serve.
Monitoring and Evaluation
4.(1) Databases for monitoring and evaluation purposes shall be maintained and regularly
updated within Government and sector levels.
(2) The Secretary shall prepare an Annual Report on compliance and non-compliance with
the Charter, for consideration by the Minister.
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