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 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 […]

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 […]