Amendments to the B-BBEE Codes of Good Practice – part 2 of 2 – Code Series 400

This article is in addition to the article published on 03 July 2019. On the 31st of May 2019, Amendments to the Codes of Good Practice were published via Government Gazette No 42496. The fourth part of the gazette may be downloaded here: Principles for Measuring Enterprise and Supplier Development – Code Series 400 This […]

Amendments to the B-BBEE Codes of Good Practice – Part 1 of 2

On the 31st of May 2019, Amendments to the Codes of Good Practice were published via Government Gazette No 42496. As several amendments were made only a few are listed below. The gazette in 3 parts may be downloaded here: Interpretation and Definitions This is a 25 page document listing all Interpretation and Definitions. Designated […]

Amended B-BBEE Code of Good Practice – May 2019 update

Government Gazette #42496 was published on 31 May 2019. This gazette lists a number of changes made to the B-BBEE Code of Good Practice. Many changes are not in force from 31st May but become effective from 01 December 2019 and Measured Entities can choose to use them now. Changes to definitions, procurement recognition rules […]

Chartered Accountancy Sector Code: open for public comment

The Chartered Accountancy (CA) profession formulated their own Charter in 2004. After numerous revisions and consultation sessions, Government has gazetted the CA Charter on 26 April 2019 and the public has 60 days to comment on it. The revised charter may be found in Gazette 42417 here (pdf document). The CA Charter utilises the Generic […]

Improving your B-BBEE Score

Improving your B-BBEE Score is essential to opening further avenues of business opportunities in South Africa. B-BBEE is not a once-off exercise and all businesses, should develop effective strategies and plans to effectively promote and implement B-BBEE in all facets of their operations which may also result in an improved B-BBEE rating. If the essence […]

Code 400 series of the Codes of Good Practice – Enterprise and Supplier Development

What is it? A draft gazette, Number 41709 dated 29 May 2018, published on 15 June 2018 for 60-day public commentary with regard to Code series 400 of the B-BBEE Act—Enterprise and Supplier Development. The matter at hand? 1. New definitions proposed. 2. Revised Enterprise & Supplier Development Code 400 wording. Detail? Significant proposed changes […]