THE AVIATION SECTOR SPECIALISED ENTERPRISE SCORECARD
DRAFT AMENDED STATEMENT ASC004: THE AVIATION SECTOR SPECIALISED ENTERPRISE SCORECARD This is part eight of a series of articles summarising the draft Aviation sub-sector code. This article discusses the SPECIALISED ENTERPRISE SCORECARD. ElementsASC 004-200 Management ControlASC 004-300 Skills DevelopmentASC 004-400 Enterprise and Supplier DevelopmentASC 004-500 Socio-Economic Development ASC 004-200 Management ControlKEY MEASUREMENT PRINCIPLES ASC 004-300 […]
The Legal Sector Code (LSC) – Part 3
In September 2024, the Minister of Trade, Industry, and Competition (the dtic) approved the Legal Sector Code in terms of section 9(1) of the B-BBEE Act. Two previous articles discussing this recent approval and the basic requirements of the Sector Code are available to read too. This article discussed the Priority Elements, Sub-Minimum Requirements, and […]
The Legal Sector Code (LSC)
Part 2 of 2024 In September 2024, the Minister of Trade, Industry, and Competition (the dtic) approved the Legal Sector Code in terms of section 9(1) of the B-BBEE Act. A previous article discussing this recent approval and the basic requirements of the Sector Code is available to read too. In January and February 2021, […]
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard
STATEMENT-400 GENERAL PRINCIPLES FOR MEASURING ENTERPRISE AND SUPPLIER DEVELOPMENT This is the tenth article in a series discussing the Event, Technical, and Production Services Industry B-BBEE Sector Code Scorecard. In this article, we discuss the basics of Code Series ETPSI-400: MEASUREMENT OF ENTERPRISE AND SUPPLIER DEVELOPMENT. OBJECTIVES OF THIS STATEMENT 1.1 Specify the scorecard for […]
Donations tax implications on the issue of shares at nominal value to enhance B-BBEE credentials
CT: Income Tax Act 58 and a SARS General Binding Ruling, Number 400. This ruling by SARS determines whether donations tax will be payable on the amendment of a company’s memorandum of incorporation (MOI) to allow for the issue of shares at nominal value to a Corporate Social Investment (CSI) trust in order to enhance […]
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard – Part 3
CODE SERIES ETPSI-300 – MEASUREMENT OF SKILLS DEVELOPMENT This is the ninth article in a series discussing the Event, Technical, and Production Services Industry B-BBEE Sector Code Scorecard. In this article, we further discuss the basics of Code Series ETPSI-300: MEASUREMENT OF SKILLS DEVELOPMENT and the INDICATORS for “FORMULA 2 and 3”. The formula that […]
The Legal Sector Code (LSC) has been approved
In September 2024, the Minister of Trade, Industry, and Competition (the dtic) approved the Legal Sector Code in terms of section 9(1) of the B-BBEE Act. The Administration has committed itself to accelerate transformation guided by the preamble of the Constitution of the Republic of South Africa which emphasises the need to correct the injustices […]
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard CODE SERIES ETPSI-300 – MEASUREMENT OF SKILLS DEVELOPMENT, part 1 of 2 This is the seventh article in a series discussing the Event, Technical, and Production Services Industry B-BBEE Sector Code Scorecard. In this article, we have listed the basics of Code Series ETPSI-300: […]
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard – Ownership, Part 2
This is the fourth article in a series of articles discussing the Event, Technical, and Production Services Industry B-BBEE Sector Code Scorecard. In this second of three articles dealing with the Ownership Element, we will discuss BROAD-BASED OWNERSHIP SCHEMES AND EMPLOYEE SHARE OWNERSHIP PROGRAMMES, PRIVATE EQUITY FUNDS, SECTION 21 COMPANIES AND COMPANIES LIMITED BY GUARANTEE, […]
The Event, Technical and Production Services Industry B-BBEE Sector code Scorecard – Ownership
This is the third article in a series of articles discussing the Event, Technical, and Production Services Industry B-BBEE Sector Code Scorecard. In this article the Ownership Element will be discussed in two parts as the detail is extensive. The following table represents the indicators and method for calculating a score for ownership under this […]