by Alexis Sacks | Jun 13, 2017 | B-BBEE Blog | Fatima Bapukee
The long awaited Amended Property Sector Code was gazetted on 9th June under Gazette 40910. The scorecards are as follows: Any enterprise with an annual total turnover of R10 Million or less qualifies as an Exempted Micro-Enterprise. Despite the above, measurement of...
by Alexis Sacks | Jun 13, 2017 | B-BBEE Blog | Fatima Bapukee
On 9th June 2017, the Department of Trade and Industry published a notice in Government Gazette 40898 setting out the final thresholds for registration of Major B-BBEE Transactions. In terms of the notice, any Major B-BBEE Transaction having a Transaction Value of at...
by Alexis Sacks | May 23, 2017 | B-BBEE Blog | Fatima Bapukee
The following important aspects of the clarification notes issued by the ICT Sector Council can be found under the FAQ section of their web site http://www.ictsectorcouncil.org.za: Sub-Minimums: A measured entity under the ICT sector code has to meet 8 distinct 40%...
by Alexis Sacks | May 15, 2017 | B-BBEE Blog | Fatima Bapukee
Johannesburg – The Department of Trade and Industry (dti) is scaling up its Black Industrialists Programme with a 100 black industrialists expected to receive support in the current financial year. Speaking at the launch of the ninth iteration of the Industrial...