Tag ArchivesBBBEE codes
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BBBEE Amendments – looking at the key focus areas

The amended Codes of Good Practice to the Broad-Based Black Economic Empowerment Act 46 of 2013 as amended were issued in October 2013 and became effective in May 2015. On 29 March 2018, the Department of Trade and Industry issued two draft statements which deals with certain amendments to the Codes, specifically related to statement […]

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Understanding “Skills Development” for BBBEE purposes

Understanding Skills Development is no longer only a nice-to-have, it is a necessity for all companies.  Skills Development has always been regarded as an important pillar for economic success and stability, however, with practical issues, like a lack of access to funding, facing South Africa, other avenues had to be explored to upskill and bridge […]

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New BBBEE Codes of Good Practice – Time to get a move on!

The BBBEE Amended Codes of Good Practice came into law on 1 May 2015 (already) and it has made fundamental changes to our current BBBEE regulations.  All businesses should speedily assess the impact of these changes on their BBBEE rating/status and generally on their business going forward. Not only has the amount of BBBEE points […]

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Skills Development Under the BBBEE Codes

In the previous editions we dealt with the three elements of the revised Broad-Based Black Economic Empowerment (BBBEE) Codes (Codes) , namely Ownership, Management and Control and Enterprise and Supplier Development (“ESD”). In this edition we shall look at the Skills Development (“SD”) element.

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Enterprise and Supplier Development Under The BBBEE Codes

In the previous editions we dealt with the other two elements of the revised Broad-Based Black Economic Empowerment (BBBEE) Codes (Codes), namely Ownership and Management and Control. In this edition we deal with the so-called “new” element of the Codes: Enterprise and Supplier Development (“ESD”).

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