New 2012 BEE Targets vs the 0 - 5 year BEE Targets

Posted by Transcend
Monday, 14 May 2012  |  Comments

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The Dti is in the process of refining the BBBEE Codes of Good Practice and have made the following ruling regarding the 6 - 10 year BEE Targets on Preferential Procurement and Empolyment Equity...

"the dti is in the process of refining the Codes of Good Practice on B-BBEE and therefore the 0-5 year targets will be applied until the process of refining the codes is finalised and gazetted.

In light of the aforementioned, the dti will withdraw the notice to eliminate the confusion in the market regarding the implementation of the 6-10 targets and provide further guidance on the measurement date."


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