by Alexis Sacks | Apr 25, 2017 | B-BBEE Blog | Fatima Bapukee
The Forest Sector Code was Gazetted on 21st April under Gazette no 40803 and is to be known as the Amended Forest Sector Code . This Code come into effect from that date. The relevant statement 10.1 states “This Amended B-BBEE Forest Sector Code is effective from the...
by Alexis Sacks | Apr 6, 2017 | B-BBEE Blog | Fatima Bapukee
The enhanced recognition status of 51% and 100% black owned Exempted Micro-Enterprises and Qualifying Small Enterprises is not recognised where the Modified-Flow Through principle is applied due to the definition of a black owned entity being: An entity where black...
by Alexis Sacks | Feb 2, 2017 | B-BBEE Blog | Fatima Bapukee
Government on Friday officially implemented its Preferential Procurement Regulations which officially outline the weighting of price vs Broad-Based Black Economic Empowerment (B-BBEE) status when government award contracts. The system will officially work on a 1-100...
by Alexis Sacks | Jan 19, 2017 | B-BBEE Blog | Fatima Bapukee
In its bid to create a more inclusive economy that is less dependent on commodity exports with a bigger productive base focused on manufacturing, the Department of Trade & Industry launched its Black Industrialist Programme in February 2016. The Programme aims to...