by Global Business Editor | Jun 14, 2019 | B-BBEE, Latest News
The Amended B-BBEE Codes of Good Practice were Gazetted on 31 May 2019 and they will materially impact organisations’ BBBEE strategic and planning processes. This becomes more pressing in that from 1 December 2019 latest, the amended provisions will be used by...
by Global Business Editor | Jun 4, 2019 | B-BBEE, Latest News, Newsletters
The outgoing Minister of the Department of Trade and Industry has snuck in a farewell gift to business. He signed Gazette 42496 on 9 April 2019 and they were gazetted on 31 May 2019. This gazette deals with: Amendments to Schedule 1 to the B-BBEE codes which make...
by Global Business Editor | Apr 4, 2019 | B-BBEE, Latest News, Newsletters
I would like to briefly address a couple of matters in this post: Ownership and Fronting Successes of the YES programme Ownership and Fronting Black ownership in companies remains an area of concern for the dti. This is evidenced by the headlines in the Business...
by Global Business Editor | Jan 25, 2019 | B-BBEE, Newsletters
[vc_row][vc_column][vc_column_text]There have been several B-BBEE documents issued late last year, or early this year or which were gazetted while we were all enjoying a well-earned break. These include: B-BBEE Commission – Explanatory notice 1 of 2019 – Submission of...
by Global Business Editor | Oct 26, 2018 | B-BBEE, Newsletters
The Youth Employment Services amendments to the B-BBEE Codes were gazetted on 28 August 2018 and Practice Guide 1 on 12 October 2018. Click here to download a presentation summarising the B-BBEE benefits and costs. YES is a partnership with government, labour and...
by Lia Marus | Oct 5, 2017 | B-BBEE, Latest News
Section 22 of the Constitution of the Republic of South Africa states that every citizen of the Republic has the right to choose their trade, occupation or profession free from encumbrances. In other words, there should not be anything preventing them from taking...
by Global Business Editor | Aug 31, 2017 | B-BBEE, Latest News, Newsletters
by Richard Ryding There has been a huge amount of pressure on organisations to not only become BEE compliant, but to have a certain rating on their B-BBEE certificate. Many companies are also putting pressure on their suppliers to improve levels of black ownership....
by Global Business Editor | Aug 3, 2017 | B-BBEE, Latest News, Newsletters
by Richard Ryding The dti issued Gazette 40997 on 21 July 2017. It dealt with 2 issues: Appointing the dti B-BBEE unit as the B-BBEE Verification Professional Regulator. This means that the B-BBEE unit will have to work together with SANAS to regulate Verification...
by Global Business Editor | Jul 18, 2017 | B-BBEE, Latest News
Our Broad-Based Black Economic Empowerment (B-BBEEE) expert, Richard Ryding, reported last week, that the Reviewed Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry (the Charter or the Mining Charter) was gazetted on 15...
by Global Business Editor | Jul 14, 2017 | B-BBEE, Latest News, Newsletters
by Richard Ryding The Reviewed Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry (the Charter or the Mining Charter) was gazetted on the 15th June 2017. It was poorly received, and is likely to be the subject of...
