Thabo Mbeki is one, we know that for a fact. We know that the term African is now used to describe a certain segment of our society. That's not right, it's not a segment – it's a racial classification. It's rather an unfortunate classification because it is built on a certain perception and not a […]
Who is an African? Read More »
Neren Rau, the CEO of the South African Chamber of Commerce and Industry, says empowerment was not supposed to have been legislated beyond the voluntary codes of good practice, but this has rapidly gained momentum to the point where it is now. He also says foreign investors do not have to abide by the regulations,
Lots of laws and no desire to enforce them – why do we bother? BEE Act content Read More »
Mal Ossie Gigaba has graced the hypertexted (and password protected) BDLive again. This time he was addressing the BMF. Mr Gigaba briefed the forum about business opportunities arising from the development of the Durban-Free State-Gauteng logistics and industrial corridor, which is the second strategic integrated project (SIP) of the national infrastructure plan. It is the
Who’s going to end up paying for this – why we are of course Read More »
It's not possible to think about the economically active population (EAP) without considering the ANC's institutional racist. I was not aware of the EAP until I caught jungle mouthing off about the oversupply of coloureds a few years ago. This EAP now allows the government to institutionalise the concept of degrees of blackness. It's not
Manyi crEAP and the new codes Read More »
Happy new year. I'm going to stave off the natural cynic in me and wish everyone the best. Now that that's done, let me continue with this post. There is growing discontent with the current government, booing at funerals, Nkandla justifications that would not convince a toddler, Lionel October thinking I'm an idiot, eTolls, new
In October 2013, the DTI gazetted their latest BEE codes (gazette number 36928). These codes have courted controversy ever since they were published in draft format a year ago. The SED code ruffled a great number of feathers in its draft format, so much so that the DTI was forced to withdraw it and reverted
The new BEE codes and their impact on socio-economic development contributions. Read More »
Overview The Minister of Trade and Industry published the broad-based black economic empowerment codes of good practice (gazette number 36928) on the 11th of October 2013. The date of gazetting is the 2nd of October, 2013. The codes come into operation within twelve months of this date. The press release that accompanied the gazetting explained
Complete scorecard (and the occasional cynical quip) for 36928 Read More »
These vignettes come from the minutes of presentation that our Li presented to some committee in parliament. This is what he told them (with the help of one or two others) 555 submission were received and analysed; Consolidation of comments and engagements with the Presidential B-BBEE Advisory Council and other stakeholders; and on this subject
Lionel speaks to the nation’s representatives. And probably believes what he says Read More »
This is going to be a long post because it goes through as many of the typos and inconsistencies that I can find in the BEE codes. The ultimate responsibility for this shambles lies with Rob Davies. But he's far too busy mein kampfing Das Kapitaal or the Communist Manifesto and dying his socks red
Hawulers or straight from Nomonde’s monde Read More »
The Consulting Engineers South Africa (CESA) sent out a note to its members telling them that the DTI is hosting a workshop on the 5th of November (2013). This is what it had to say All Sector codes, including the construction sector code, are then expected to align with these revised codes within 12 months
This just in from CESA – DTI hosting sector charter workshops next week Read More »
