July 13, 2015

Die impak van die nuwe BGSEB-kodes vir goeie praktyk op jou onderneming

Die samestelling en verifiëring van ‘n telkaart van ‘n entiteit in terme van die Wet op Breedgebaseerde Swart Ekonomiese Bemagtiging (BGSEB) word uitgevoer volgens die Kodes vir Goeie Praktyk (die Kodes) wat deur die Departement van Handel en Nywerheid (dti) uitgereik is. Die Kodes is gewysig en die nuwe Kodes is op Vrydag 11 Oktober 2013 in die Gazette gepubliseer. Hierdie verandering sal ‘n beduidende impak hê op die BGSEB-strategie van ondernemings, en daar sal deeglik besin moet word oor aanpassings van hierdie aspek. Belangrike veranderings van die vorige Kodes sluit in: Die sewe elemente op die telkaart is tot […]
November 18, 2013

The impact of the new BBBEE codes of good practice on your business

The compilation and verification of a scorecard for an entity in terms of the Broad-Based Black Economic Empowerment (BBBEE) Act is done according to the Codes of Good Practice (the Codes) issued by the Department of Trade and Industry (the dti). The Codes have been amended and the new Codes were gazetted on Friday 11 October 2013. These changes will have a significant effect on the BBBEE strategy of businesses and careful consideration will have to be given to adjustments in this area. Major changes to the previous Codes include: The seven elements on the scorecard are reduced to five […]
October 15, 2013

Broad-Based Black Economic Empowerment

Most businesses in South Africa these days have to obtain a valid Broad-Based Black Economic Empowerment (BBBEE) certificate. In fact, the lack of a valid certificate has in many instances prohibited some businesses from continuing to do business with certain suppliers. BBBEE is fast becoming a certainty in the business environment in South Africa, and it is imperative that businesses incorporate this in their operational and strategic planning. An effective and successful implementation of a BBBEE strategy may have a significant impact on other aspects of the business, such as operations, tax planning and long-term business strategy. Proper consultation with […]
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