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Registration of major B-BBEE transactions

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...

B-BBEE Commissioner Practice Guide 02 of 2017 Application of the Old Generic Codes

by Alexis Sacks | May 31, 2017 | B-BBEE Blog | Fatima Bapukee

ICT Amended Sector Code clarification notes

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%...

Dti up-scales Black Industrialists Programme

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...

New IPAP to push for radical economic transformation

by Alexis Sacks | May 15, 2017 | B-BBEE Blog | Fatima Bapukee

Johannesburg – South Africa’s newly launched Industrial Policy Action Plan (IPAP) is intended to contribute to radical economic transformation, Trade and Industry Minister Rob Davies said on Monday. “Let me start off by saying without any ambiguity that IPAP is...

Employment Equity stats remain unchanged

by Alexis Sacks | May 15, 2017 | B-BBEE Blog | Fatima Bapukee

Pretoria – The 17th Annual Report of the Commission for Employment Equity indicates 68.5% of top management positions at South African companies are still occupied by white South Africans. Speaking before handing over the report to Labour Minister Mildred Oliphant on...
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