Representation at the board and top management levels remains a particular concern, with limited progress recorded over the ten-year period. The agriculture, property, and financial services sectors recorded some of the weakest results, with non-compliance rates of 50%, 67%, and 62%, respectively, in 2023. Agriculture recorded black ownership of 19.9% and black women ownership of 4.7%, while property achieved 20.5% and 6.4% respectively. The financial services sector recorded 21.5% black ownership and 7.5% Black women ownership. Building next phase of transformationSpeaking at the launch, B-BBEE Commissioner Tshediso Matona said the findings provide a balanced assessment of transformation progress and challenges.