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Tourism Sector Code Salient Points

The Tourism sector code is based on the Codes of Good practice, however it has some differing weighting points, targets and definitions. The Exempt Micro Enterprises have a reduced threshold of R2.5...

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The big question – extension or no extension

Today is the last working day that “non-accredited” verification agencies are entitled to verify BEE certificates. According to the minister’s last notice in July 2009, from end of January only...

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Article in Business Report

I’m quoted in today’s Business Report. (http://www.busrep.co.za/index.php?fSectionId=552&fArticleId=5333926). The articles discusses the problems of a small number of verification agencies that...

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New Mining Charter released

The minister of mineral resources has released the latest mining charter. See http://www.buanews.gov.za/news/10/10063015151001 My only comment before I get down to studying it in great detail is: Why...

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Further comments on the new mining strategy

I still feel that the new mining transformation strategy falls short of broad-based aspects. They don’t emphasise all the other elements sufficiently, and there are still too few objective...

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We turned away business

Getting and customers and keeping them and making profits is as important to us as anyone. We received a request from a client to produce their EME documentation. As part of the process we ask the...

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FSC gazetted as per Section 9(5) of the act

Statement by Keith Levenstein, CEO of EconoBEE. The dti minister, Dr Rob Davies has issued a new draft of the Financial Services Charter. The FSC is gazetted in terms of 9(5) of the B-BBEE Act. This...

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Dear Minister

Dear Minister, Please advise urgently. My client is a QSE BEP. If he follows the BEP scorecard his ED target is R22 500 because ED is based on leviable amount. His SED target is R11250. If he follows...

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Clarification on Effective Dates

The dti has issued a document clarifying the effective dates of government notices. This is a very welcome move. The purpose of the document is to explain which sector code a company must follow and...

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Agriculture B-BBEE Sector Codes gazetted

The dti minister has gazetted the final Agriculture B-BBEE Sector Code. All organisations in the agriculture sector will now follow the agri code, instead of the B-BBEE Codes of Good Practice.

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