This is a repost of one of my informative Caird Code Rules as per a reader's request. I've added in another little feature that I've never done before – if you place your mouse on the underlined text it will show the sections in the codes that I'm referring to. Charities and other section 21 […]
What about those entities that think they might need a BEE scorecard but don’t Read More »
The DTI's codes of good practice (COGP) are there as a generic scorecard that all companies can use in the absence of an industry charter. These COGP were the first set to be published under section 9 of the B-BBEE Act. Since then four other charters have been gazetted under section 9 – Integrated Transport,
Caird Code Rule #2 – Which charter is applicable to your business Read More »
Over the last few years this rule has become more relevant. A while ago I wrote a piece on how an empowerment agenda could break a business, however there are real life examples. Eskom's "empowerment-at-all-costs" policy showed us that you can pretty much bring a country to its knees if you ignore business requirements and
Caird Code Rule #4 – Business first, BEE second Read More »
With the exception of the FSC (which was published in 2003), every charter gazetted in the last two years has used the DTI's COGP as their template. Most charters are a little scant on information and refer to the DTI's codes – others are just plain scant. The Construction Charter has included a clause that
Caird Code Rule #3 – Do not read the charters in isolation Read More »
A while ago I was doing a presentation to the American Chamber of Commerce on Equity Equivalents. One of the delegates was an apparel manufacturer who asked my why his company should consider the programme I was proposing. I was a little surprised that such a company would even consider equity equivalents as an option.
Caird Code Rule #1 – Is BEE applicable to you Read More »
