BEE OWNERSHIP: WHAT YOU NEED TO KNOW TO ENHANCE YOUR BEE SCORECARD
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Transcend has developed a highly specialised team that understands the BEE legislation as well as the Mining Charter 2018 and is able to integrate these legislations into an overall transformation strategy. We have developed a strong Mining Charter BEE advisory competence by working closely with some of the largest Mining companies to understand and interpret the Mining Charter legislation.
As a mine in South Africa, in order to maintain your Mining License, compliance with the Mining Charter 2018 is required. We understand the mining charter legislation and BEE requirements and we can advise you on these requirements.
Transcend assists South African Mining houses with:
In order to remain competitive, and safeguard current contracts with mining companies, suppliers to the mining industry are expected to have a robust understanding of Mining Charter 2018. The Mining Charter legislation places ‘strict’ requirements on suppliers to the mining industry which may result in suppliers having to revisit their BEE strategies and develop a three to five-year transformation plan. It is important for you to have a better understanding of:
To do this Transcend leverages our deep legislative experience and 12 years of BEE implementation experience. We have unparalleled ‘transformation’ pedigree and we value nation-building at our core and have proven that we can do this in a way that makes business sense for our clients.
Aug 14, 2020, | BEE Legislation News, Mining Industry, Shernon Davis
Mining Charter Compliance The Broad-Based Socio-economic Empowerment Charter for the Mining and Minerals Industry, 2018 (“Mining Charter 2018”) published in terms of section 100 (2) of the Mineral and Petroleum Resources Development Act, 2002 requires...
Jan 15, 2020 | BEE Legislation News, Mining Industry, Shernon Davis
On 11 December 2019, the Department of Mineral Resources and Energy (DMRE) released the reviewed Housing and Living Conditions Standard for the minerals industry. The reviewed Housing and Living Conditions Standard repeal the 2009 Housing and Living...
Oct 3, 2018 | BEE Legislation News, Bruce Hunt, Mining Industry, Mkhaphi Nkosi
The Mining Charter was gazetted on 27 September 2018 by Mineral Resources Minister, Gwede Mantashe. We are hoping this brings a level of certainty to the mining industry, and that it places mines in a position to start investing. This should give a...
We are dedicated to deliver transformation training, advisory and relevant content during the South African COVID-19 lockdown period.