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 […]

Amended Information and Communication Technology Sector Code

The ICT Sector comprises the Broadcasting, Electronics, Information Technology and Telecommunications sub-sectors together with participants from the social partners, namely Government, Labour, Community, and ICASA. The charter in Gazette 40407 dated 07 November 2016 may be found here (pdf document). The Code utilises the Generic Codes as a base for its charter as far possible […]

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 […]

The Property Sector Charter within the B-BBEE Act

In this article we focus on the basic criteria of the Property Sector Charter within the scope of the B-BBEE Act, Number 53 of 2003. The original charter was gazetted on 01 June 2012 as Gazette Number 35400 and subsequently amended by Gazette 40910 on 09 June 2017. The amended charter is extensive in detail […]

Workplace Skills Plan and Annual Training Report

Employers may claim 20% of their total levy contribution annually, called the Mandatory Grant, through submission of a Workplace Skills Plan (WSP) and Annual Training Report (ATR) due by 30 April 2019 each year. Only levy paying organisations may access mandatory grant funding. Benefits of submitting your reports in time: 1. Recover up to 20% […]