by Alexis Sacks | Sep 26, 2017 | B-BBEE Blog | Fatima Bapukee
The DTI issued a Proclamation on 13th September to publicise the intention of the Department of Energy and the Petroleum and Liquid Fuels Industry to align the B-BBEE Petroleum and Liquid Fuels Sector Transformation Charter with the B-BBEE Act, the B-BBEE Codes of...
by Alexis Sacks | Aug 8, 2017 | B-BBEE Blog | Fatima Bapukee
Business Day reports that the BEE Commission is investigating several companies and entities for allegedly violating the B-BBEE Act. Major names amongst those under investigation include Netcare, Nokia, MTN, Eskom and the South African Social Security Agency (Sassa)....
by Alexis Sacks | Jul 26, 2017 | B-BBEE Blog | Fatima Bapukee
The Minister of Mineral Resources has suspended implementation of the controversial Reviewed Broad Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry, 2016, gazetted on 15 June 2017 (Mining Charter 3). On 14 July 2017, the...
by Alexis Sacks | Jun 19, 2017 | B-BBEE Blog | Fatima Bapukee
The Minister of Mineral Resources revealed the Reviewed Broad Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry, 2016 (“Mining Charter 3”) on 15th June 2017 amidst considerable uproar, with industry stakeholders expressing...
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...
