Insights
Employment Equity Amendment Bill of 2020 is approved for submission to Parliament
The Employment Equity Amendment Bill was approved for submission to Parliament at the Statement on the Cabinet Meeting held on Wednesday, 12 February 2020 at Parliament, Tuynhuys in Cape Town. The Commissioner of Employment Equity (CEE) released the bill...
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BEE OWNERSHIP RECOGNITION THROUGH A SALE OF ASSETS
Over the last 13 years, Transcend has helped nearly 200 South African corporates and multinationals address BEE Ownership. While the most common approach to BEE Ownership has been share ownership by Black investors, an increasing number of businesses are...
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WORKPLACE SKILLS PLAN DEADLINE 30 APRIL 2020
Workplace Skills Plan (WSP/ATR) Submission Deadline: 30 April 2020 Let Transcend assist your planning submitting With the submission date fast approaching we can assist you at every stage of the journey. The Workplace Skills Plan (WSP) outlines the...
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DEPARTMENT OF MINERAL RESOURCES AND ENERGY RELEASES THE HOUSING AND LIVING CONDITIONS STANDARD FOR THE MINERALS INDUSTRY 2019
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 repeals the 2009 Housing and Living...
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TOURISM SECTOR CHARTER COUNCIL RELEASES DRAFT BEE AMENDED CODES 2019
The department of Trade and Industry (DTI) released the new draft codes on 31 May 2019 with the 1st of December 2019 being the effective date of the codes. Sector charter councils were instructed to follow suit and hence the draft release of the Tourism...
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COULD YOUR COMPANY BE AT RISK OF NON-COMPLIANCE, SHOULD THE NEW EMPLOYMENT EQUITY BILL BE PASSED?
At the beginning of October 2019, the Commissioner of Employment Equity (CEE) released a bill that aims to…
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CHANGE OF SETA REQUIREMENTS FOR LEARNERSHIP REGISTRATIONS – START NOW
START THE PROCESS NOW WITH TRANSCEND As of the 1st of April 2019, most SETAs require that companies submit the letter of intent two (2) months prior to the intended commencement of the learnership. If approved, a letter of acknowledgment will be granted by...
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EMPLOYMENT EQUITY SUBMISSION SEASON OPEN – IS YOUR COMMITTEE READY TO SUBMIT?
Are you due to update your employment equity plan? Are you aware of the amendment to the EEA4 Income Differentials Form? How prepared is your organisation for a Department of Labour audit? What is the Employment Equity act? According to Section 20 of the...
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THE BEE AUDIT PROCESS CONSTANTLY EVOLVING – ARE YOU READY FOR YOUR NEXT BEE AUDIT?
With the BEE audit process constantly evolving and verification agents under tight scrutiny, it’s increasingly imperative you are well prepared for your audit. Transcend’s pre-audit offering assists you to efficiently obtain a certificate that is...
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SIGNIFICANT CHANGES TO THE BEE CODES GAZETTED 31 MAY 2019 – WHAT IS THE IMPACT ON YOUR BEE SCORECARD?
On 31 May 2019, the dti released gazetted changes to the BEE codes, a new version of the Preferential Procurement, Enterprise and Supplier Development element, Skills Development Element, General Principles, as well as updates on interpretations and...
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