Davies trying to get BBBEE back on right track
Posted 1 February 2012  |  Comments
Legislative changes are an attempt to deal with unintended consequences, writes Carol Paton
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A summary of the Broad-Based Black Economic Empowerment Amendment Bill 2011: For public comments
Posted 14 December 2011  |  Comments

This is an amendment to the B-BBEE Act No 53 of 2003 and not the long awaited amendments to the B-BBEE Codes of Good practice (lets hold our breath for this next year)

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B-BBEE amendment Bill is gazetted
Posted 12 December 2011  |  Comments

Davies gazettes B-BBEE Amendment Bill

The Broad-Based Black Economic Empowerment Amendment Bill, which aims to align the B-BBEE Act with other legislations impacting on B-BBEE and with the Codes, has been gazetted by the Trade and Industry Minister Rob Davies, the Department of Trade and Industry reported on Friday.
 

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Ownership Solutions and Transcend Corporate Advisors congratulates the consortium led by global renewable energy developer Mainstream Renewable Power on been awarded preferred bidder status
Posted 7 December 2011  |  Comments
Ownership Solutions and Transcend Corporate Advisors congratulates the consortium led by global renewable energy developer Mainstream Renewable Power on been awarded preferred bidder status by the Department of Energy in South Africa, Mainstream received consulting advice on these Renewable Energy Bids from Ownership Solutions and Transcend Corporate Advisors...
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State seeks to criminalise 'fronting' with new B-BBEE bill
Posted 5 December 2011  |  Comments
State seeks to criminalise ‘fronting’ with new black economic empowerment bill Cheating by misrepresenting the true nature of one’s enterprise, called "fronting", has been used to obtain certification as a black-empowered company as defined in the Broad-Based Black Economic Empowerment Act (BBBEE) and the codes of good practice in order to get state contracts.
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Cabinet approves changes to black empowerment act
Posted 24 November 2011  |  Comments
The Cabinet has approved amendments to the Broad-Based Black Economic Empowerment Act to elevate the status given to enterprise development and procurement in the scorecard. Penalties have also been included for non-compliance with these ...
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BBBEE a 5 year review
Posted 23 November 2011  |  Comments
A description of the principles and impacts of Broad-Based Black Economic Empowerment (B-BBEE)
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BEE Rules are changing
Posted 17 November 2011  |  Comments
BEE rules to aid industrialists
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BBBEE and Enterprise Development
Posted 8 November 2011  |  Comments
Why B-BBEE? In a free market economy the rich get richer and the poor get poorer, so some form of market intervention is needed to stabilise our economy.
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BBBEE Property Sector Charter Forges Ahead
Posted 15 June 2011  |  Comments
The property sector remains one of the key economic sectors in the South African economy, estimated at R4 trillion in total value (49% and 52% attributed to commercial and residential sectors, respectively).
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Procurement regulations will put an end to 'fronting'
Posted 14 June 2011  |  Comments
Transcend Corporate Advisors comments on the new Procurement Regulations whcih have been brought into line with BBBEE and its codes of good practice.
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Transcend advises Wal-Mart on BBBEE and Transformation
Posted 14 June 2011  |  Comments

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How to Mine and Shine
Posted 31 May 2011  |  Comments
A developing country like South Africa needs to benefit optimally from its R18-trillion mining endowment and also exploit its tourism potential to the full. To do that, those who mine must also shine, environmentally. South Africa has seen the Department of Environmental Affairs stop the mining of soft coking coal at Vele, in Limpopo, because of its potential impact on tourism at the Mapungubwe National Park, a Unesco World Heritage site. The 596 workers that the ASX-, Aim- and JSE-listed Coal of Africa Limited (CoAL) retrenched when the project was stopped did not regain tourism employment, and were left jobless.
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Sustainability - Just another Fad?
Posted 23 August 2010  |  Comments
In South Africa we’re fortunately not dealing with a major oil spill, at least not directly. But we are dealing with widespread poverty (compounded over aeons) and its implications not only for society but also the impacts of development on the country’s resource base (that bringing people out of poverty requires)
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The Role of B-BBEE in transformation, or can South Africa become another Zimbabwe?
Posted 17 August 2009  |  Comments
After working in black economic empowerment for eight years and assisting hundreds of companies including yours, with their transformation efforts...
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Five tests of your BEE health
Posted 7 July 2009  |  Comments
Companies in our country are moving along a process of socializing transformation into the fabric of their businesses. Some are doing this better than others...
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Disability Equity and the B-BBEE Scorecard
Posted 15 March 2009  |  Comments
Various legislation, codes and guidelines have been put in place to encourage the inclusion of people with disabilities in the open labour market...
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The Latest on the Accreditation of Verification Agencies
Posted 9 March 2009  |  Comments
Most of us working in the field of BEE, either as consultants or as transformation champions in our respective companies, have been waiting for some time for news...
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The Impact a strategic Enterprise Development Initiative can Have on your Business
Posted 3 March 2009  |  Comments
When the B-BBEE codes of good practice were finally released on the 7th of February, 2007, some organisations did not comprehend what this meant for them...
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