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...
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...
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...