Up until now all the posts on this blog have been very subjective and often emotional. I have been very fortunate to be given this presentation by King Percy Abelkop. Percy is a pseudonym – as if you didn't know. He's also not involved in the BEE industry which makes his objectivity is most welcome. […]
Sometimes you are silenced by objectivity – download this presentation Read More »
The new codes could be the product of a small minority of well-heeled individuals who might just be a little pissed off with the current codes but not because of the lack of transformation. Nay it is because their track record with corporate South Africa has been forever tarnished. Why would such a small group
Who advised Rob on the codes, I suspect horseplay – a plausible theory Read More »
This was published this morning in the Business Day. The four points are very relevant to both the corporate and NPO sector, it's just the nonprofits who lose out completely. If business is clever they'll submit comments and if Rob is clever he'll read them. If the codes go through as is then business would
Davies’ new BEE codes could destroy the nonprofit sector Nov 14, 2012 | Paul Janisch Read More »
The Socio Economic Development (SED) element is addressing socio-economic developmental initiatives that can be tackled either through monetary or non-monetary contributions with the targeted beneficiaries as defined in the BEE legislation as stipulated above. BEE SED was never intended to displace Corporate Social Resp/Invest of companies, its meant to alleviate inherent social challenges confronted by
Trade and Industry on revised Broad-Based Black Economic Empowerment Codes Read More »
Sipho has been in the press recently. Our Seep is the spokesman for the DTI who was quoted by IOL DTI spokesman Sipho Zikode explained today on 567MW Cape Talk that that proposal was for a pro-rata sliding scale – with 100 per cent funding for organisations with 100 per cent black beneficiaries, and less
Sipho Zikode backtracks and shows his hand – and SED is still a travesty Read More »
The answer is quite simple. Code series 000, Statement 003 (Guidelines for Developing and Gazetting of Transformation Charters and Sector Codes) which has not been removed from Rob's latest foray into ridiculousness, say in paragraph 4.3 that A Sector Code enjoys equal status with that of any other Code. In other words, if these codes
What about charters then? What would Chris van Wyk or Ebrahiem Mohamed say? Read More »
If anyone does not view the New Age as a mouthpiece of the government then you obviously are a huge supporter of the government. Sibonelo Radebe is actually a good journalist but his stances are too pro DTI and Rob and other morons. By using old (may an eagle land on your moustache) Ajay Lalu
And so spake those who dictate our future Read More »
This is not a subject that I am expert on at all, the person to speak to about this would have to be Pierre de Vos. However my job is to sow the necessary seeds for your submission to the DTI. On that subject I think that the deadline is before the 5th of December,
BEE and the constitution Read More »
Someone went to the ABVA/DTI presentation on the new codes yesterday. My sources inform that the level of understanding from the DTI itself is ……well…………. alarming. But this is what the DTI told ABVA The draft codes are nowhere near the final version. This still has to be discussed and comments will be received. The
What the DTI has to say – and a presentation offered Read More »
Anyone who has ever done any military service would be very familiar with this old adage. However this is not a military post, and so any references to cadres, cadre deployment or Zumorons are purely non-military. Complying with BEE under the BEE Act has always been voluntary. The current codes (gazette number 29617) have this
Don’t volunteer for anything Read More »
