This analysis is not spot on but it’s not far off. The score comes out at 24 points – but it’s assumed that the enterprise/supplier development/socio-economic development points have been bought to get to this score. This is non-compliant. You need 40 points to get onto the scorecard and if you meet the subminima of […]
A letter sent to a client (and there are many in their position) Read More »
There is a court case being heard by the Constitutional Court today. The Constitutional Court is on Thursday expected to hear a case brought by trade union Solidarity and the South African Restructuring and Insolvency Practitioners' Association (Saripa) challenging the constitutionality of BEE and affirmative action. The court case relates to the abolition of the Department
Solidarity and the Constitution – BEE’s big test starts today Read More »
Abraham Maslow's theory has been accepted, criticised and lambasted. The anc government hasn't bothered with any of that, they've just plain ignored it. I believe there are some people within that cabinet with a modicum of competence, but such competence is negated by the overwhelming stupidity of the legislators. Maslow's assumption is that human beings
Maslow was right – the anc are clueless Read More »
Not the most eloquent of people. But I listened to it and I thought it was well delivered. He seems to have balanced zuma's pilfery well with a country that hates him. But this is not a platform to comment on gigaba's speech (and yes he will remain in lowercase because he is in fact
abagig the orator and budget speech deliverer Read More »
The pencil test here refers to the OTHER test (I get sniggers every time I mention the pencil test – I think I know why, I can't be sure that I would pass the former test) What is POPI: The Protection of Personal Information (POPI) Act explained In simple terms, the purpose of the PoPI Act is
POPI and the SANAS pencil test Read More »
Tougher implementation of transformation in the financial-services sector is on the cards if the recommendations of a draft report by Parliament’s finance and trade and industry committees are adopted. The draft report emerged from public hearings during which a lot of anger and frustration was expressed about the slow pace of transformation in the sector.
Watch gigaba go big – FSC content Read More »
Church hasn't been my thing for years. I went to a church school and when I left I thought that I'd pretty much done my church time. Alas the army was ridiculously insistent that you have a religion and that you go to church – thinking about it, we've come a long way as a
What the brigadier taught me (and what bolshie bob has yet to learn) Read More »
This is a scenario that we come across all the time. I have a number of clients that fall into these broad categories They do a lot of business outside of South Africa and this impacts their turnover. One of these examples is merchanting - The Balance of Payments Manual, fifth edition (BPM5) defines merchanting
What if your company is really small but your turnover is ridiculously high? Read More »
First Paul writes These emails are very appreciated. I sense that a largish court case could make its way in her direction soon. They are going to have to something about these codes – another verification agency told me that all the QSE’s they’ve verified have come up non-compliant. Then the reader says Yes I
A reader writes. QSEs are falling by the wayside. Compliance is now out of the question Read More »
As an aside – this piece of virtual media has had 19 hits today. 19 hits – that's what I normally get in a good month. This post has been drafted in my mind over the last week. The success of black economic empowerment came through the private sector pushing the procurement element, don't
