Archive | B-BEE Codes

BEE Matrix SA on the wrong side of B-BBEE

The B-BBEE Commission has found that BEE Matrix SA (Pty) Ltd issued B-BBEE certificates contrary to verification procedures and Codes of Good Practice, and BEE Matrix SA (Pty) Ltd has agreed to implement remedial recommendations made by the B-BBEE Commission, which include a full audit of B-BBEE certificates for 2015-2017 and refund of fees to […]

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B-BBEE ICT Sector Council and Codes Launched

The ICT sector Council was launched at Gallagher Estates yesterday during the GovTech annual event. This forms part of government’s efforts to broaden B-BBEE participation within the sector. Launching the Council, the Minister of Telecommunications and Postal Services Siyabonga Cwele said the sector specific codes would open up participation by different groups within the sector. […]

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B-BBEE Commission hits the ground running

The Broad-Based Black Economic Empowerment (B-BBEE) Commission Head of Operations, Nontokozo Nokhwali-Mboyi, says 134 complaints have already been received since the body was established earlier this year. Nokhwali-Mboyi said while the B-BBEE Commission was still in the process of securing office space, it has hit the ground running with its 14 staff members. She said […]

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Net Value Holdings ordered to stop B-BBEE sessions with immediate effect

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has instructed Net Value Holdings, the organiser of the B-BBEE sessions with the title “B-BBEE PARTNERSHIP TAILORED TO YOUR BUSINESS” planned for 22 September 2016 in Johannesburg, and 6 October 2016 in Cape Town, to cancel the sessions with immediate effect.  The sessions were advertised promising to provide […]

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Beyond the crumbs: why big agencies need to invest in empowerment now

While the MAC B-BBEE codes have been gazetted and the PR and advertising industry does a lot of empowerment talk, small black-owned marketing and advertising agencies feel they are still not getting a fair shot at opportunities in South Africa. There’s a big pie at stake, and most of that pie is being gobbled up […]

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SA Express flies to higher women empowerment horizons

  South African Express (SA Express) is seeing a rapid increase in the number of females holding key positions – from the board of directors to the pilots and the ground crew technicians  leading to CEO, Inati Ntshanga, announcing the carrier as one “the most transformed companies in South Africa”. Beating industry targets for transformation […]

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Businesses should learn about the PPFA Draft Regulations – compliance expert

EconoBEE, one of the largest specialised BEE consulting companies in South Africa, has advised businesses to be acquainted with the new PPFA Draft Regulations which the National Treasury published on 14th June 2016. A specialist from EconoBEE, Keith Levenstein, says the new legislation will impact on their BEE compliance and more importantly the way they […]

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Transforming the MAC industry through education

By Beverly Klein On Thursday 9 June in Cape Town and on 13 June in Johannesburg, the Red & Yellow School hosted information sessions to address the changes and updates to the B-BBEE Sector Code for the South African Marketing, Advertising and Communications (MAC) industry. BEE is focused on transformation, and that’s exactly what the […]

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Training is more about compliance than skills transfer – expert laments

Rather than addressing the skills gaps to increase productivity within their employees, organisations in South Africa seem to have reluctantly adopted training merely to comply with the amendments to the Skills Development Act and the requirements of the Broad-Based Black Economic Empowerment (BBBEE) points, bemoans Gizelle McIntyre, Director of the Institute of People Development (IPD). […]

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Department of Tourism clarifies grey areas in the Amended Code

The Department of Tourism is to conduct a study aimed at analysing the current state of transformation in the sector, over and above establishing the effect of the tourism codes, which apply to businesses in the accommodation, hospitality and travel services sectors, since their introduction, according to what the Department’s officials briefed the Parliament Portfolio […]

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