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 […]
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 […]
Property Sector Charter within the scope of 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 and […]
Understanding the investigation process of the B-BBEE Commission, Part 1
Source: Explanatory Notice 1 of 2023 of the B-BBEE Commission A couple of decades down the line anyone doing business in South Africa will by now have been exposed to the inner workings of B-BBEE in one form or another. Most, however, probably do not know or understand how the BEE Commission deals with complaints […]
Draft Amended Aviation sub-sector code of 2016 – part 4 – Management Control
This is part four of a series of articles explaining the draft Aviation sub-sector code. This article discusses the Management Control Element of the Scorecard. OBJECTIVES OF THIS STATEMENT THE MANAGEMENT CONTROL SCORECARD The following table represents the criteria used for deriving a score for Management Control under this statement: GUIDING PRINCIPLE The aim is […]
Draft Amended Aviation sub-sector code of 2016 – Part 3 – Ownership
This is part three of a series of articles explaining the draft Aviation sub-sector code. In March 2021 the Department of Transport hosted a summit for the Review of Civil Aviation Policy and specifically B-BBEE transformation. During the summit reference were made to the following legislation, Policies, Strategies, and information: This article discusses the Ownership […]
Understanding the investigation process of the B-BBEE Commission, Part 2
Source: Explanatory Notice 1 of 2023 of the B-BBEE Commission This is part 2 in a series of articles explaining the B-BBEE investigation process of the B-B-BBEE Commission. What is a B-BBEE complaint? A complaint is a matter initiated by the B-BBEE Commissioner in terms of section 13J(1) of the Act, or that has been […]