No one can. But we can save you an absolute fortune in general skills development spend (6-8 points depending on the code) and achieve better training results We’re sure that this is not the first email you have received from training service providers telling you to you need to urgently get your BEE skills development […]
WE CAN’T SAVE YOU MONEY ON DISABLED AND BURSARY SKILLS SPEND Read More »
This is for my good friend Fiona Khan's MBA dissertation. It focuses on multi-nationals (who now appear to have a real problem with empowerment compliance – it's not only them). It's a simple multiple choice questionnaire and won't take longer than five minutes. Please consider completing it. I'll make sure that Fiona shares the results
This is repost of a blog post that is seven years old. It was weird because I had a meeting with my other shareholders on Monday morning and we discussed our future strategy (see you don't need to say – going forward). Our business model is going to go in the direction of providing compelling
New beginnings and new strategies. I’m moving in a different direction Read More »
The Daily Maverick is becoming the most valuable source of fine journalism in this country. There is nothing that comes close to it. By the way they are looking for financial support, if you are so inclined you can read more about this here. Back to the Maverick. Dirk de Vos wrote a fantastic article
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 »
Five out of the seven planned sessions are over. They are small and focussed. David Kalmin knows his clients and I know mine. The initial purpose of these sessions was to let our respective clients know that we are on top of what's coming. I think the difference between our sessions and most other commercial
Breakfast BEE sessions, a sort of report back even though they aren’t finished yet Read More »
Until now, economic inequality has been dealt with at the highest level through Black Economic Empowerment equity participation and at the lowest by microlending. Neither is a sustainable model. You can’t borrow money at a 10% interest rate to buy shares with a 3% dividend yield unless you’re in a sustained bull market. via www.bdlive.co.za
Could Abil’s failure be the beginning of the new era of economic empowerment? Read More »
There should be consequences for companies who do not comply with black economic empowerment, the Black Management Forum said on Wednesday. "These companies should be published in a public register and have meaningful fines imposed on them," the forum's managing director Nicholas Maweni said in a statement. (to parliament) There we were hoping that once
1. BEE perpetuates racial discrimination. Racial discrimination was wrong during Apartheid times. It continues to be wrong in post-Apartheid times. The Population Registration Act was abolished when Apartheid ended, with good reason. Without it, what basis is there for identifying South Africans as belonging to one of the four (only four!) racial groups? 2. BEE
Daily Maverick – BEE: You cannot reform it so scrap it Read More »
From 9th February 2012 compliance targets for Employment Equity and Preferential Procurement significantly increase. Employment Equity and Preferential Procurement elements of both the qualifying small enterprises (i.e. enterprises with a turnover of between R5 and R35 million per annum as per the generic scorecard) and generic enterprises (i.e. enterprises with a turnover of over R35
B-BBEE Target Compliancy Increases – not as soon as Ms Kerr surmises Read More »
