Grant Thornton head of BEE verification Tony Balshaw told Engineering News Online that the intention to revise the codes raised some concerns. “The codes are supposed to have a shelf life of ten years, and then it should have a substantial review. But is this still needed? “It seems politically expedient to change the codes […]
Revised codes to accelerate BEE implementation – Davies Read More »
We all know that Rob is big on transformation, most of us know that he is even bigger on legislation forcing people to do things like transform; only history will tell as to whether he has a clue about what he does. Anyway, this announcement from both SANAS and the DTI has really brought Rob's
Why it’s hard to be black in South Africa (and this has nothing to do with apartheid) Read More »
Commenting on a bill like the new BEE bill could either be knee-jerk as an immediate response or knee-jerk after much deliberation. I chose the latter route. The first thing I realised was that you can't look at the amendments without looking at the original act. And so I was going to laboriously combine the
Bills, bills, bills (or what I really think of the new B-BBEE Bill) Read More »
This notice was issued by Treasury this afternoon regarding the applicability of the PPPFA – it was issued in June but made the front page of www.gov.za today. Reinforces my earlier post about Eskom and PPPFA. NOTICE IN TERMS OF SECTION 1 (iii)(f) OF THE PREFERENTIAL PROCUMENT POLICY FRAMEWORK ACT, 2000 (ACT NO. 5 OF 2000)
Confirming the PPPFA’s applicability and the DTI workshop Read More »
As per the November 6 post, it would seem that the Amajuba Municipality is a victim of poor DTI public relations and BEE. This attachment is a must see – but for those of you with coloured monitors I'll write it out for you. (You can see the same announcement on the DTI's home page).
More on the disawareness campaign and a little bit of social consciousness Read More »
Do we need to be concerned about what Rob and the souls are the DTI are sprouting from their mouths, especially when it comes to enterprise development? The first thing I paid attention to was Rob muttering "companies would have to be actively involved in fostering small businesses" in April this year. I thought this
The DTI’s big stick Read More »
The dti's dti.gov.za website isn't working, so I tried thedti.co.za and lo and behold. A new website and all sorts of great Robisms. The first Robism you see is the gazetting of the forgotten about ICT Charter under section 9(5). It does seem a little different to other charters and includes a section for specialised
ICT Charter gazetted under 9(5) Read More »
New state bid to make BEE more hands-on (edited) CAPE TOWN — Amendments to the Broad-Based Black Economic Empowerment Act, aimed at shifting its focus from equity deals to enterprise development, will be tabled in Parliament by July. They would also address sharp criticism of black economic empowerment (BEE) as only benefiting a small elite
New state bid to make BEE more hands-on Read More »
Do you think that the Levenstein household is breaking out the champagne with their self-declared success in the war against "fronting". It would seem almost wrong to point out to their pater familias that he has not in fact won at all. Yes a number of BEE certificates have been recalled on ABVA's instruction, but
De minimus non curat levenstein Read More »
Perhaps this is not very clear, and as a responsible BEE consultant/expert/commentator (self-professed), it is my duty to explain this hierarchy. Number 1 – BEE Act The BEE Act reigns supreme. All codes and notices etc derive their legitimacy from the act. It would seem that the act comes from section 9 (2) – as
BEE hierarchy – ABVampire content Read More »
