by Alexis Sacks | Sep 26, 2016 | B-BBEE Blog | Fatima Bapukee
The Independent Regulatory Board for Auditors’ (IRBA) has withdrawn from the Regulation of the Broad-Based Black Economic Empowerment (B-BBEE) verification industry with effect from 30 September 2016. A transitional period of three (3) months to 31 December 2016...
by Alexis Sacks | Sep 6, 2016 | B-BBEE Blog | Fatima Bapukee
This article was first published by ENSafrica (www.ENSafrica.com) on 2 August 2016. Over the past year, the broad-based black economic empowerment (“B-BBEE”) landscape in South Africa has been completely overhauled and has become more stringent. Among the most...
by Alexis Sacks | Sep 5, 2016 | B-BBEE Blog | Fatima Bapukee
The MAC Sector Code under section 9(1) of the BBBEE Act is now in law and requires that companies in the sector meet the targets stipulated in it by 2018. The six elements contained in the Code are Ownership, Management Control, Skills Development, Enterprise and...
by Alexis Sacks | Aug 1, 2016 | B-BBEE Blog | Fatima Bapukee
The Construction Sector Charter Council (CSCC) on Thursday launched the revised draft Construction Sector Code (CSC), which is aimed at aligning the unique aspects of the sector with the black economic-empowerment and transformation targets set out by the Department...