Transcend Resource Centre

BEE Resources, BEE News and Commentary

DTI Finally Replaces IRBA And Tightens Up Screws In Rating Agencies
Posted Thursday, 27 July 2017  |  Comments
On the 21st of July 2017, the Department of Trade and Industry issued draft statement 005 for public comment. The commentary period is usually for a period of 60 days as prescribed in the B-BBEE Act.
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Building A Sustainable BEE Strategy
Posted Sunday, 23 July 2017  |  Comments
Our experience in the global benchmarking of democracies in transition and over 10 years in assisting corporate South Africa in developing sustainable responses to BEE, has resulted in a best practice view of how a company’s strategy and BEE plan need to inter-relate.
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Re-Thinking Transformation Policy And Strategy
Posted Wednesday, 19 July 2017  |  Comments
2017 saw the celebration of 10 years for the codes of good practice. The first codes of good practice on broad-based black economic empowerment were gazetted for the first time in February 2007. It was the first time that the government`s transformation efforts were translated into a measurable balanced scorecard, that required corporate South Africa to achieve targets set froth within this framework.
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Understanding The Knowledge Management Model
Posted Tuesday, 11 July 2017  |  Comments
Most organizations worry about losing the knowledge and expertise of their key and strategic employees. Systems, processes and procedures are generally written in policy documents in businesses but are not always updated to speak to the current standards of operation in the business...
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Basic Guidelines - Transforming Your Supplier Base
Posted Tuesday, 27 June 2017  |  Comments
In their report titled “The role of procurement as a Key Driver to SMME Development”, the Foundation for African Business and Consumer Services (FABCOS) notes that “procurement is one of the ways SMMEs can enter the mainstream economy through supplying services and products to government and large companies.
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Findings of The Property Sector Charter Council June 2017
Posted Thursday, 22 June 2017  |  Comments
These are the findings of the latest research released by the Property Sector Charter Council (PSCC) today (June 13, 2017). The launch of the PSCC 2015-2016 State of Transformation Report for the Property Sector coincides with the gazetting of the long-awaited Amended Property Sector Code (June 2017 Gazette no. 40910) on Friday, June 9, 2017.
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Dos and Don'ts For B-BBEE Pre-Audit Verification
Posted Tuesday, 20 June 2017  |  Comments
To make sure that the onsite is well managed and you are absolutely prepared, the following may be of assistance;
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Enterprise And Supplier Development (Esd): How To Build A Strategic Response To The Preferrential Procurement Challenge
Posted Thursday, 11 May 2017  |  Comments

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LATEST ON THE PROGRESS IN THE GAZETTING OF THE CONSTRUCTION SECTOR
Posted Wednesday, 10 May 2017  |  Comments
As of March 2017, the Construction Sector Charter Council (CSCC) Alignment Negotiating team had completed the incorporation of the public comments and inputs into the draft construction sector code.
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Amended ICT Charter – Changes and impact on businesses
Posted Tuesday, 25 April 2017  |  Comments
By Trevor Tshabangu Date: 10 Feb 2017 On 7 November 2016, the Department of Trade and Industry (DTI) released the Amended ICT sector gazetted codes, Gazette no: 40407 in line with the requirements of the B-BBEE act. This release was interesting in that the ICT sector was one of the last sectors to publish their sector code for public comment, but were able to finalise their sector ahead of the other sectors, well done.
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The Financial Sector Charter (FSC) Council has signed off on the final amended code for the financial services sector.
Posted Tuesday, 14 March 2017  |  Comments
However, the Broad-Based Black Economic Empowerment (B-BBEE) Commission is not satisfied with its lower targets and that it will not be a tool to achieve transformation. A draft amended FSC code was gazetted in March for a two-month period of public comment and the reworked version, which takes account of public comments, has been approved.
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Transformation Temperature report for February 2017
Posted Tuesday, 28 February 2017  |  Comments

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Structural transformation: Lessons learned in the last 10 years
Posted Monday, 13 February 2017  |  Comments
I offer this review of our countries transform efforts, fully cognisant that, in the words of the late Leonard Cohen “ there are cracks everywhere, that’s how the light gets in”. This constructive critique is offered in the spirit to be improving our efforts, and I ask readers to have this view front of mind.
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Tax laws amendment act and learnerships
Posted Tuesday, 31 January 2017  |  Comments
In full force: The Taxation Laws Amendment Act has gotten the nod. Act 16 of 2016 was signed into law and gazetted this month. We’ve set out a short analysis of some important proposed amendments at the end including Tax deductions Learnerships. To help you find the details you need, the English pages are as follows:
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Are you ready for your Employment Equity Submissions?
Posted Wednesday, 30 November 2016  |  Comments
The 15th of January is the deadline for Employment Equity (EE) submissions to the Department of Labour! All employers must eliminate discrimination, but only designated employers must implement affirmative action measures for designated groups.
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Amended ICT sector codes gazetted
Posted Monday, 7 November 2016  |  Comments

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Dti minister issues the draft ammended construction sector code for public comment
Posted Monday, 31 October 2016  |  Comments

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Dti issues notice on the application of the Empowering Supplier status under the amended codes
Posted Monday, 31 October 2016  |  Comments

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National Treasury and SARS issue second batch of the 2016 Draft Taxation Laws Amendment Bill (TLAB) for public comment...
Posted Thursday, 13 October 2016  |  Comments

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The Dti Minister has signed the Consutruction Sector Codes approving them for public comment
Posted Wednesday, 12 October 2016  |  Comments

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Employment Equity Commission ready to act against Non-Compliant companies
Posted Monday, 19 September 2016  |  Comments
The commission says they are going after firms who are refusing to transform their workplaces.
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BEE Commission releases more practice notes
Posted Monday, 12 September 2016  |  Comments

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Practice guide from the B-BBEE commission released on the Recognition of Third Party Procurement spend
Posted Sunday, 11 September 2016  |  Comments

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IRBA Board's decision to withdraw from the regulation of the B-BBEE verification industry on 30 September 2016
Posted Wednesday, 10 August 2016  |  Comments
Update on the Independent Regulatory Board for Auditors' (IRBA) withdrawal from the Regulation of the Broad-Based Black Economic Empowerment (B-BBEE) verification industry
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No BEE Implementation plan, then don’t bother with your BEE strategy
Posted Wednesday, 20 July 2016  |  Comments

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A summary of the KEY challenges in the Amended Codes of Good Practice (ACoGP)
Posted Wednesday, 6 July 2016  |  Comments

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Two key issues in the B-BBEE Act 53 of June 2016
Posted Wednesday, 6 July 2016  |  Comments

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Draft Preferential Procurement Regulations Gazetted for public comment 2016
Posted Tuesday, 21 June 2016  |  Comments
The draft Preferential Procurement Policy Framework Act (PPPFA) 2000, (Act no5 of 2000) have been published for public comment.
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Broad-Based BEE Regulations Act 53 2016
Posted Tuesday, 14 June 2016  |  Comments
The Minister of Trade and Industry, Dr R Davies, has published the Broad Based Black Economic Empowerment Regulations, 2016 governing the administration and implementation of the Broad Based Black Economic Empowerment Act and the functions of the BEE Commission.
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BBBEE management for small business in tight times
Posted Wednesday, 18 May 2016  |  Comments

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Mining and Minerals BBBEE charter gazetted for public comment
Posted Monday, 18 April 2016  |  Comments

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Revised deadline for DMR Mining Charter reports submission
Posted Tuesday, 12 April 2016  |  Comments
“In terms of section 29 of the Mineral and Petroleum Resources Development Act 28 of 2002 (“the Act”) holders of mining rights granted in terms of section 23 of the Act are hereby directed to report their level of compliance with Broad Based Socio Economic Empowerment Charter for the South African Mining Industry as contemplated in section 28 (2) (c). The holders of the mining rights are to populate the said template and submit such reports for the 2015 reporting period at the relevant Regional Offices before the end of April 2016. The submission of reports will be done, both, in a form of hard and soft copy format.” http://www.dmr.gov.za/
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Minister Davies gazettes the draft amended transport sector codes for a 60-day public commentary period
Posted Monday, 11 April 2016  |  Comments

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BBBEE News / Verification guide draft
Posted Wednesday, 6 April 2016  |  Comments

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Marketing Advertising and Communications BBBEE charter gazetted
Posted Monday, 4 April 2016  |  Comments

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Amended B-BBEE Financial Services Sector Code released for public comment
Posted Friday, 18 March 2016  |  Comments

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The treatment of imports as a procurement exclusion in the Amended Codes
Posted Thursday, 10 March 2016  |  Comments
Many procurement managers have not yet fully understood the requirements for imports to be excluded under the Amended Codes.
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IRBA Board Withdraws from the Regulation of B-BBEE Assurance Services
Posted Wednesday, 9 March 2016  |  Comments

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Draft ICT and Transport sector codes released for comment by the Dti
Posted Tuesday, 8 March 2016  |  Comments

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Dti repeals the Construction and Chartered Accountancy Sector codes
Posted Thursday, 18 February 2016  |  Comments

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Half day session on the newly gazetted B-BBEE Verification Manual
Posted Monday, 9 November 2015  |  Comments
The revised B-BBEE codes that came into effect in May 2015 have, in some instances, been ambiguous and open to interpretation. The Verification Manual clarifying interpretive issues was gazetted by the Dti for public comment on the 6th of October 2015.
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B-BBEE News - Sector codes update against the Revised Codes of Good Practice
Posted Tuesday, 3 November 2015  |  Comments
- Repeal of Sector codes not aligned to the Dti - Trumping Provision in effect - Notice on the Construction sector codes by SAFCEC after meeting with Dti - Mining Sector gets temporary relief over BEE - ICT Sector codes gazetted for public comment - Property Sector codes gazetted for public comment
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A weak social impact - Lessons for BEE from Malaysia
Posted Wednesday, 9 September 2015  |  Comments

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EME sworn affidavits
Posted Thursday, 3 September 2015  |  Comments

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Will undertaking supplier development stimulate jobs?
Posted Wednesday, 2 September 2015  |  Comments
Supplier development is a strategic tool, with South Africa poised at a moment of truth, we need to have every South African engaged and using these tools, clear on how they are contributing to a transformed stable company and country, which can be a great heritage for our children. Supplier development can play a key role in this journey; it just depends on how you use this tool.
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Seta grant regulations declared invalid
Posted Wednesday, 26 August 2015  |  Comments

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Dti issues statement on the recognition of Broad-Based schemes
Posted Sunday, 10 May 2015  |  Comments

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Dti notice of clarification on the new revised B-BBEE codes of good practice
Posted Wednesday, 6 May 2015  |  Comments
On 5 May 2015, the Department of Trade and Industry (“DTI”) released Notice 396 of 2015 (“Clarification Notice”) to clarify the position of the DTI with respect to: empowering suppliers; the effective date of the Amended Broad-Based Black Economic Empowerment (“B-BBEE”) Codes of Good Practice (“Amended Codes”); the alignment of Sector Codes; and the points that can be attributed to Broad-Based Ownership Schemes (“BBOS”) and Employee Share Ownership Schemes (“ESOP”) in terms of the B-BBEE ownership scorecard.
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FInal phase of New B-BBEE Codes to be gazetted
Posted Tuesday, 5 May 2015  |  Comments
Heard on 702's John Robbie Show: following concerns from listeners around new BEE codes, the Department of Trade and Industry's (DTI) Acting Chief Director of BEE, Takalani Tambani assured that the final phase of the new BEE codes will be gazetted for the market by Thursday:
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The Revised B-BBEE Codes: The impact on companies as from 01st May 2015
Posted Tuesday, 31 March 2015  |  Comments
On the 11th October 2013, the current B-BBEE Codes of Good Practice were substantially amended by the Department of Trade and Industry (DTI). The Revised Codes (as they are commonly known), have significantly impacted the requirements for B-BBEE compliance. Compliance with the provisions of the Revised Codes will be compulsory from the 01st of May 2015 for all entities. Businesses have a discretion to comply with the provisions of the Revised Codes prior to such date
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The revised Qualifying Small Enterprises - QSE B-BBEE scorecard released for public comment...
Posted Monday, 13 October 2014  |  Comments
On Friday 10 October 2014, Minister of Trade and Industry, Dr Rob Davies, Gazetted for public comment the following Amended Black Economic Empowerment Codes of Good Practice, public comment will close the 14th of November 2014. Qualifying Small Enterprise (QSE B-BBEE Scorecard) statements Code 600 Scorecard for Specialised Enterprises Code 000 statement 004 Recognition in the Sale of Assets Code 100 Statement 102 Recognition of Equity Equivalents for Multinationals Code 100 Statement 103
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Stats SA profiles persons with disabilites
Posted Tuesday, 16 September 2014  |  Comments

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Transformation: A reminder of why we doing this and a reflection of the revised B-BBEE codes
Posted Tuesday, 2 September 2014  |  Comments
Economic and social transformation in South Africa is an evolving and fluid issue, with the rules being written by, and through our actions. The revision of the Codes of Good Practice (RCoGP) governing B-BBEE is a reflection of some of this fluid nature over approximately the past seven years, both the good and the bad, and provides us with some indication of how the Department of Trade and Industry (Dti) views the progress made to date. This article seeks to review some of the fundamental principles of good, sustainable transformation……
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B-BBEE: STATE TO BECOME THE REGULATOR . . .
Posted Monday, 18 August 2014  |  Comments
B-BBEE: STATE TO BECOME THE REGULATOR . . . Johannesburg 18 August 2014 Article by Dr Robin Woolley
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Summary of the Employment Equity Act gazetted on the 1st of August 2014
Posted Wednesday, 13 August 2014  |  Comments

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Employment Equity amendment act signed off on 01 August 2014 join us for a 1 day training session on the changes
Posted Wednesday, 6 August 2014  |  Comments

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Statement by the dti on the transitional period of the amended B-BBEE codes
Posted Tuesday, 15 July 2014  |  Comments
On the 28 February 2014, the Minister of the Department of Trade and Industry issued a Gazette notice 226 of 2014, the purpose of the notice was to provide extension on the amended B-BBEE Codes of Good Practice transitional period by 6 months, which effectively granted the market 18 months to be ready, thus the Transitional period will run from 11 October 2013 until 30 April 2015.
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Sustainable transformation does not limit economic growth, it supports it
Posted Tuesday, 15 July 2014  |  Comments
By Dr Robin Woolley, Executive Director, Transcend Corporate Advisors The original objectives of B-BBEE were formed from the late 1990’s to 2003, while the country, at a socio-political level, was driven by a Neoliberal model. There was an understanding that B-BBEE was predominantly focused on building and strengthening a middle class, rather than being a grass-roots poverty alleviation and access mechanism. This can be seen in the relatively low weighting given to socio-economic development.
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BBBEE Interpretation statement released by the dti on 25 April 2014
Posted Wednesday, 28 May 2014  |  Comments
25 April 2014 Interpretation Statement – Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice of 2007 Purpose of this Statement The purpose of this statement is to provide interpretation on the B-BBEE Codes of Good Practice of 2007 regarding issues raised by the market.
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Submissions for the annual Workplace Skills Plans close 30 April 2014
Posted Tuesday, 8 April 2014  |  Comments
Submissions for the submission of your workplace skills plan (WSP) and annual training report (ATR) closes on 30 April 2014 Skills Development is one of the most critical elements of B-BBEE as it addresses the skills shortage in the country. In the revised codes of good practice it has been identified as a priority element and non-compliance with sub-minimum targets will result in a measured entity dropping one level on the scorecard
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6 Month extension to the revised B-BBEE codes transitional period
Posted Tuesday, 25 March 2014  |  Comments
The transitional period for the new revised codes has been extended by 6 months to the 30 April 2015, giving you exactly 1 year to make sure you are ready for your next verification under the new B-BBEE codes
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Broad-Based BEE Internship
Posted Tuesday, 4 March 2014  |  Comments
This accredited six month internship programme (which can be counted as category D in the learning matrix) is the most robust practical way to equip your champion with the tools to drive your transformation journey. It includes a practical review of on-the job ability in scorecard management, rating preparation, employment equity processes and work-place skills plan processes as well as focusing on surfacing and managing change processes surrounding a B-BBEE plan and audit preparation.
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B-BBEE in the news February 2014
Posted Wednesday, 19 February 2014  |  Comments
Broad-Based BEE news for 2014
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Dti provides clarity on the Revised BBBEE codes and the QSE scorecard -updated 03 March 2014
Posted Tuesday, 18 February 2014  |  Comments
Olga Meshoe - Transcend Corporate Advisors On Wednesday 12 February 2014, the Department of Trade and Industry (the “DTI”) held a day long workshop with representative of the different Sector Charter Councils on the provisions and interpretations of the revised generic Codes of Good Practice (government gazette 36928 of 2013). Promulgated on the 11th of October 2013, the revised generic Codes of Good Practice (“RCoGP”) unfortunately contain a number of contradictions, apparent errors and ambiguities with the result that a number of confusing (and in certain instances, conflicting) interpretations have risen in the market. The DTI used this session to provide clarity on a number of issues including:
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Broad-Based Black Economic Empowerment Amendment Act, No 46 of 2013
Posted Thursday, 6 February 2014  |  Comments
Olga Meshoe - Transcend Corporate Advisors - Transformation Facilitator On 27 January 2014, the President of the Republic of South Africa assented to the much awaited Broad-Based Black Economic Empowerment Amendment Act, No 46 of 2013 (the “Amendment Act”). Issued under government gazette no. 37271, the Amendment Act does not differ in many material respects from the Broad-Based Black Economic Empowerment Amendment Bill that was issued for comment in 2012 (the “Amendment Bill”). The Amendment Act does, however, provide for significant amendments to the principal Act, the Broad-Based Black Economic Empowerment Act, No 53 of 2003 (the “B-BBEE Act”). We have, for purposes of this communication, highlighted the main differences between the Amendment Bill and the Amendment Act.
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The Skills Development Pillar of the Revised Codes of Good Practice explained
Posted Thursday, 12 December 2013  |  Comments
One of the most important changes in the Revised Codes of Good Practice (RCoGP) is that there are now three priority pillars: Ownership; Skills Development; and Enterprise and Supplier Development. A minimum 40% threshold applies to certain indicators in respect of these pillars, and failure to comply will result in companies being penalised. Companies not meeting the threshold of these elements will drop one level on their BEE scorecard. By Wanda Moraka, Training Manager, Transcend Corporate Advisors
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BBBEE News for November 2013
Posted Wednesday, 20 November 2013  |  Comments
The New BBBEE Codes have been Gazetted and you have probably attended a session on the new codes, (if you haven't we are running another JHB session on the 15th of January 2014, Durban and CT to be advised on demand, alternatively we can assist with in house training sessions on the New BBBEE codes) but how do you practically implement them now in a way that makes business sense and that you don't drop any levels...let us help you with this and make sure you are ready fro your next BBBEE verification...
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BEE Revised Codes - Empowering suppliers as a mechanism to human capital development
Posted Wednesday, 20 November 2013  |  Comments
The BBBEE Revised Codes of Good Practice (RCoGP) are out and have been perceived, to some extent by some as a mechanism to job creation and retention of employees. This idea borders on Vision 2030 of the National Development Plan (NDP) and other policy instruments that the government has introduced over the years.
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Is there an obligation on BLACK-OWNED BUSINESSES to transform
Posted Wednesday, 6 November 2013  |  Comments
The newly gazetted revised Broad-based Black Economic Empowerment Code of Good Practice (the “RCoGP”) have, amongst other things, highlighted government’s desire to see more small black businesses gaining access to economic opportunity through supplier development. This is in line with various government policies to grow sustainable small businesses and create new jobs.
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The New Gazetted Revised BBBEE codes
Posted Friday, 11 October 2013  |  Comments
The New BBBEE codes have been gazetted....
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The New Gazetted Revised BBBEE codes
Posted Monday, 7 October 2013  |  Comments
The Dti confirmed at the BBBEE Summit that the Revised BBBEE CoGP will be Gazetted on the 11th of October, here are news articles from the summit and a link to our session on the revised BBBEE codes in October
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Commission for Employment Equity
Posted Tuesday, 17 September 2013  |  Comments

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Revised BBBEE codes expected October 2013
Posted Monday, 16 September 2013  |  Comments
As per the article below, it is expected that the revised BBBEE codes will be released by the Dti at the Broad Based Black Economic Empowerment Summit conference...
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Revised BEE codes update
Posted Monday, 2 September 2013  |  Comments
The DA has been informed by the Department of Trade and Industry (DTI) that its final version of the Broad-Based Black Economic Empowerment (B-BBEE) codes will be tabled in Parliament by the end of next month.
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What are the Revised BEE codes trying to achieve
Posted Wednesday, 28 August 2013  |  Comments

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BEE News Update August 2013
Posted Tuesday, 6 August 2013  |  Comments
Headlines from the news regarding Black Economic Empowerment
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Enterprise Supplier Development
Posted Tuesday, 2 July 2013  |  Comments

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Dti tables BBBEE amendment bill at National Assembly
Posted Monday, 24 June 2013  |  Comments

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BBBEE Amendment Bill passed by National Assembly
Posted Monday, 24 June 2013  |  Comments

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Workplace Skills Plan Submission deadlines...
Posted Friday, 21 June 2013  |  Comments

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BBBEE Amendment Bill discussed by the DA
Posted Friday, 21 June 2013  |  Comments

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The possible impact of the revised BEE codes on the motoring industry and business
Posted Thursday, 6 June 2013  |  Comments

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SANAS BBBEE Accreditation withdrawals
Posted Monday, 3 June 2013  |  Comments

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Implementing learnerships for people with Disabilities
Posted Thursday, 30 May 2013  |  Comments
The prevalence of disability in a society is influenced by both political and economic factors. It is estimated that 10 – 26% of the worldwide population is regarded as living with a disability. In South Africa there are no reliable statistics regarding the incidence of disability but it is estimated that 10% of the population are regarded as living with a disability
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BBBEE trumping clause brings clarity
Posted Monday, 20 May 2013  |  Comments
The suggested trumping Clause in the BBBEE revised codes will bring clarity ...according to MP's in parliament
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Remodel BBBEE to empower entrepreneurs
Posted Tuesday, 23 April 2013  |  Comments

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BBBEE Act pulls donors away from NGO
Posted Tuesday, 23 April 2013  |  Comments

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DA meets with Government to discuss BBBEE and other areas of concern...
Posted Tuesday, 26 March 2013  |  Comments

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Empowerment funding could hurt Financial Institutions
Posted Thursday, 14 March 2013  |  Comments
BEE bill’s cancellation clause ‘could hurt banks’ by Linda Ensor,
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Sector Codes backed by Government
Posted Monday, 11 March 2013  |  Comments
Government backs sectoral BEE charters by Linda Ensor, 11 March 2013
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Call for empowerment act to trump sector codes
Posted Monday, 11 March 2013  |  Comments
Call for empowerment act to trump sector codes by Linda Ensor, 08 March 2013
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Speaking out against BBBEE
Posted Monday, 11 March 2013  |  Comments
Dr Ramphele speaks out against Black Economic Empowerment Dr Ramphele points out that the badly thought out and deeply flawed system of BEE only serves to empower a small elite By GTA Editor on 25 February, 2013 1:40 pm
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Budget Speech 2013
Posted Monday, 11 March 2013  |  Comments
Gordhan got so many things right by Mark Barnes, 01 March 2013, 05:49 THE first test for appointing someone to look after your money is moral fortitude. Finance Minister Pravin Gordhan has it. He has retained the moral high ground he brought to the South African Revenue Service in his broader role as custodian of the collection and distribution of our money.
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Race based BEE
Posted Thursday, 28 February 2013  |  Comments

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Budget Speech 2013
Posted Thursday, 28 February 2013  |  Comments

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Update to the proposed ammended revised BBBEE codes
Posted Monday, 25 February 2013  |  Comments

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BEE News
Posted Tuesday, 12 February 2013  |  Comments

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Revised BEE codes update
Posted Tuesday, 29 January 2013  |  Comments
THE Department of Trade and Industry (DTI) is pulling out all the stops to ensure that the implementation of the revised BBBEE Codes of Good Conduct is on track.
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The implications of the Codes of Good Practice (CoGP) amendments
Posted Monday, 28 January 2013  |  Comments
This article seeks to unpack some of the implications of the changes to the Codes of Good Practice (CoGP) if they were to be gazetted in their current draft format. We recognise that the draft Codes are offered as an initial salvo in the process of converging on improved legislations surrounding Broad-Based Black Economic Empowerment (B-BBEE), and we ask the reader to take this context into account in this review. The focus is not on the differences in the current and draft Codes but rather on the implications for the country and business in general if they were to be adopted in their current format. This article is technical in nature and assumes the reader has a good understanding of the current and draft CoGP.
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The implications of the Codes of Good Practice (CoGP) amendments
Posted Monday, 28 January 2013  |  Comments
This article seeks to unpack some of the implications of the changes to the Codes of Good Practice (CoGP) if they were to be gazetted in their current draft format. We recognise that the draft Codes are offered as an initial salvo in the process of converging on improved legislations surrounding Broad-Based Black Economic Empowerment (B-BBEE), and we ask the reader to take this context into account in this review. The focus is not on the differences in the current and draft Codes but rather on the implications for the country and business in general if they were to be adopted in their current format. This article is technical in nature and assumes the reader has a good understanding of the current and draft CoGP.
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Gazetted Financial Services Code - Effective date clarification
Posted Friday, 11 January 2013  |  Comments

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AgriBEE gazetted as Broad Based BEE code
Posted Tuesday, 8 January 2013  |  Comments

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dti drops BEE code changes
Posted Wednesday, 28 November 2012  |  Comments

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FSC gazetted as BEE code
Posted Tuesday, 27 November 2012  |  Comments
The Financial Services Charter has been approved to be gazetted as a Sector Code on Black Economic Empowerment in terms of section 9(1) Broad Based BEE Act 53 of 20003
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Financial Services Charter approved to be gazetted as BBBEE sector code
Posted Thursday, 22 November 2012  |  Comments

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Small business to be hit by new BEE
Posted Tuesday, 20 November 2012  |  Comments
The new black economic empowerment codes could have a negative impact on small business
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Calculation changes to the BBBEE Scorecard for Enterprise Development
Posted Monday, 19 November 2012  |  Comments

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BEE in the News 19 November
Posted Sunday, 18 November 2012  |  Comments
A wrap of the Broad Based BEE news over the past few weeks...
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Revised Broad Based BEE codes
Posted Thursday, 18 October 2012  |  Comments

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Revised Broad Based BEE codes for public comment
Posted Sunday, 7 October 2012  |  Comments
Join Transcend for a morning session on the changes to the BBBEE codes.
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Summary of the revised BBBEE changes released for public comment
Posted Wednesday, 3 October 2012  |  Comments

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BBBEE proposed changes to Codes of Good Practice for public comment
Posted Tuesday, 2 October 2012  |  Comments
The changes to the BBBEE Codes of good practice have been released for public comment
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Minister of Trade and Industry to lauch the revised BBBEE Codes of Good Practice fpr public comment
Posted Monday, 1 October 2012  |  Comments
Members of the media are invited to attend the launch and unveiling of the Revised Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice by the Minister of Trade and Industry, Dr Rob Davies
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DTI Conducts Survey on BBBEE Verification Agencies
Posted Thursday, 27 September 2012  |  Comments

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SA looks to Brazil for BEE inspiration
Posted Wednesday, 26 September 2012  |  Comments

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Minister Davies Announces Incubation Programme to Boost Small Enterprises
Posted Wednesday, 26 September 2012  |  Comments

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Transformation remains far off target
Posted Wednesday, 26 September 2012  |  Comments

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Zuma convenes BBBEE summit
Posted Wednesday, 26 September 2012  |  Comments
Zuma convenes BBBEE summit Sep 20 2012 18:08Sapa
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Didata chairman Ngcaba defends BEE
Posted Wednesday, 26 September 2012  |  Comments
Didata chairman Ngcaba defends BEE by Mamello Masote, September 23 2012
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More rules for BEE
Posted Wednesday, 26 September 2012  |  Comments
More rules for business Empowerment Troye Lund | 19 September 2012
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Broad Based BEE News 11 September 2012
Posted Tuesday, 11 September 2012  |  Comments
All BEE news brought to you by Transcend...
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Update on Revised BBBEE Codes for Public comment
Posted Thursday, 30 August 2012  |  Comments

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Broad Based BEE News August 31
Posted Thursday, 30 August 2012  |  Comments

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Revised BBBEE Codes of Good Practice, 2012 for public comment
Posted Wednesday, 22 August 2012  |  Comments
Pretoria - Cabinet has approved the revised Broad-Based Black Economic Empowerment B-BBEE Codes of Good Practice, 2012 for public comment. "The revised codes will enhance the implementation of B-BBEE in a meaningful and sustainable manner. The revised codes also contain principles and guidelines that will facilitate and accelerate the implementation of B-BBEE," said Cabinet spokesperson Jimmy Manyi on Wednesday.
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Broad Based BEE News August 21
Posted Monday, 20 August 2012  |  Comments
For all the latest Broad Based BEE News follow us on Twitter or Linked In These BEE articles have been in the news over the past week and are not necessarily the views of Transcend
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Broad Based BEE News 14 Aug 2012
Posted Tuesday, 14 August 2012  |  Comments
News over the past week on BBBEE
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The corruption of the ANC
Posted Tuesday, 14 August 2012  |  Comments
The corruption of the ANC - (this is not an article from Transcend but was found on socialresistance.org) August 11, 2012
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Cabinet approves BBBEE amendment bill
Posted Tuesday, 14 August 2012  |  Comments
Pretoria — Cabinet has approved the introduction of the Broad-Based Black Economic Empowerment Amendment Bill, 2012, to Parliament.
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Support for BEE
Posted Monday, 13 August 2012  |  Comments
30 Jul 2012 BEE - ECONOMIC transformation is on the agenda of everyone involved in the South African economy.
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Broad Based BEE News - ANC lack of clarity stifling econimic growth
Posted Tuesday, 31 July 2012  |  Comments
ACDP: ANC's lack of clarity is stifling economic growth - Mail and Guardian In a meeting of regional heads, the African Christian Democratic Party said policies on nationalisation and land reform were scaring away investors.
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New anti-graft rules: SA firms to take note - Social and Ethics Committee
Posted Tuesday, 31 July 2012  |  Comments
By Chantelle Benjamin - corruptionwatch.org.za South African firms are now accountable for the actions of the companies they contract to when it comes to corruption and are prohibited from funding political parties, according to new regulations for the Company Act, issued quietly last year.
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Transcend provide Strategic Enterprise Development services to Aveng
Posted Wednesday, 18 July 2012  |  Comments
Aveng recognized the need to take a proactive approach to enterprise development and requested Transcend Corporate Advisors to provide input on the enterprise development aspects of their transformation journey.
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Skilld Development Act - Learning Programme Regulations for Learnerships for public comments
Posted Monday, 16 July 2012  |  Comments
The Department of Higher Education and Learning has released a gazette for public comment as they intend to make changes to the Learning Programme Regulations for 2012
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ICT Charter
Posted Monday, 16 July 2012  |  Comments
ICT charter: more work for fewer points The recently-promulgated ICT charter will require companies to spend more – and put in more effort – to achieve less points than in the generic empowerment codes across most of the sectorial requirements
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Transcend takes part in Aveng Black Suppliers Summit
Posted Monday, 16 July 2012  |  Comments
Transcend Corporate Advisors, South Africa's leading BEE Advisory, was privileged to take part in the Aveng Black Suppliers Summit 2012
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Broad Based BEE News
Posted Monday, 16 July 2012  |  Comments
For all the latest BEE News follow Transcend on Twitter
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BEE News - The week in Review
Posted Monday, 2 July 2012  |  Comments
For all the latest BEE News and Advice
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BEE - BBBEE ICT and Property Charters now gazetted as BBBEE Codes
Posted Monday, 18 June 2012  |  Comments
We will be hosting a morning training session on these BBBEE sector codes, please advise us if you wish to attend...brian@transcend.co.za
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Long-awaited charter creates admin nightmare
Posted Wednesday, 13 June 2012  |  Comments
The ICT sector BBBEE charter, which has been nine years in the making, has finally been gazetted and aims to ensure transformation in the sector. - Author: Nicola Mawson
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DTI’s R1.5bn boost
Posted Wednesday, 13 June 2012  |  Comments

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Agriculture improves its BEE compliance
Posted Wednesday, 13 June 2012  |  Comments

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Mines seek definition of ‘black ownership’
Posted Wednesday, 13 June 2012  |  Comments
THE Department of Mineral Resources will hold talks with mining companies and the Department of Trade and Industry about the requirements for broad-based black economic empowerment levels, something Kumba Iron Ore CEO Chris Griffith flags as a problem.
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Mines want clarity on BEE
Posted Wednesday, 13 June 2012  |  Comments
The Department of Mineral Resources will hold talks with mining companies and the Department of Trade and Industry about the requirements for broad-based black economic empowerment levels, something Kumba Iron Ore CEO Chris Griffith flags as a problem.
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Nationalisation not in workers’ interests – Nzimande
Posted Wednesday, 13 June 2012  |  Comments

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BEE procurement scam investigated
Posted Wednesday, 13 June 2012  |  Comments
Eskom is conducting an internal forensic investigation following a spate of fraud relating to the company's black economic empowerment procurement. A number of BEE suppliers have raised complaints about being duped into supplying equipment and services to bogus people who allegedly obtained their details through Eskom's data base. - Lucky Biyase
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Black Business Council wants finger in R123bn pie
Posted Wednesday, 13 June 2012  |  Comments
The rolling stock acquisition programme by the Passenger Rail Agency of South Africa (Prasa) estimated at R123 billion must involve black business as empowerment partners in preparing tender submissions and not at the end, the Black Business Council (BBC) said. By Wiseman Khuzwayo
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ANC policy documents ignore key issues
Posted Wednesday, 13 June 2012  |  Comments

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South Africa: Addressing the Gap Between Rich and Poor Is Key to Saving the Economy, Says Manuel
Posted Wednesday, 13 June 2012  |  Comments
Policies such as Black Economic Empowerment and preferential procurement had done nothing to bridge the "huge canyon" that existed between the rich and the very poor, said National Planning Commission Minister Trevor Manuel on Monday evening.
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BEE Waters Get Choppy Again
Posted Wednesday, 30 May 2012  |  Comments
JUST when local fishing companies thought it was safe to profitably trawl the coastal waters again, Minister of Agriculture, Forestry and Fisheries, Tina Joemat-Peterson, has hinted at rocking some boats.
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Small firms need help
Posted Wednesday, 30 May 2012  |  Comments
'Money and contracts for BEE empowerment must be accompanied by training and mentorship'
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South Africa Department of Energy Awards Additional Large-Scale Solar Project to Consortium
Posted Wednesday, 30 May 2012  |  Comments
South Africa Department of Energy Awards Additional Large-Scale Solar Project to Consortium of SolarReserve, Kensani and Intikon Energy The joint venture will build, own and operate an additional 88 MW solar project to help South Africa meet its renewable energy targets, stimulate long-term economic development and create jobs
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Nationalise all key sectors of the economy, union demands
Posted Wednesday, 30 May 2012  |  Comments
All key economic sectors in SA, including mining and banking, should be nationalised, the National Union of Metalworkers of SA (Numsa) has proposed in a policy discussion document.
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South Africa allocates U.S. $340 million for land reform
Posted Wednesday, 30 May 2012  |  Comments
The government will help former homelands to revitalize about 10 irrigation schemes across the country, propelling the local communal livestock farmers into the red meat value chain
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South Africa: Businesses that fail to achieve minimum BEE will get lower score
Posted Wednesday, 30 May 2012  |  Comments
Businesses that fail to achieve a minimum score on the Black Economic Empowerment (BEE) scorecard for ownership, procurement and enterprise development will be penalised by having their BEE level status dropped, the Minister of Trade and Industry Rob Davies said on Friday.
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New 6 - 10 year BEE Targets vs the Old 0 - 5 year BEE Targets
Posted Monday, 14 May 2012  |  Comments
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...
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New 2012 BEE Targets vs the 0 - 5 year BEE Targets
Posted Monday, 14 May 2012  |  Comments
The Dti is in the process of refining the BBBEE Codes of Good Practice and have made the following ruling regarding the implementation of the 6 - 10 year Broad Based BEE Targets...
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Thousands of businesses miss Companies Act deadline
Posted Thursday, 3 May 2012  |  Comments
New survey shows that only half of companies surveyed had complied with a May 1 deadline to establish a social and ethics board committee ALISTAIR ANDERSON Published: 2012/05/02 06:55:41 AM
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Tender Rethink
Posted Thursday, 3 May 2012  |  Comments

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Govt signals shift in BEE - report
Posted Wednesday, 2 May 2012  |  Comments
Johannesburg - Government is planning to shift black economic empowerment (BEE) rules away from equity investment and ownership towards productive activities, Business Day newspaper reported on Wednesday
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State plans to force BEE partner on rail tender
Posted Wednesday, 2 May 2012  |  Comments
Passenger Rail Agency of SA wants competent company chosen not for its political clout
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More State intervention needed in mining – Motlanthe
Posted Wednesday, 18 April 2012  |  Comments

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Draft Agricultural Sector Code - AgriBEE for public comment
Posted Wednesday, 28 March 2012  |  Comments
In a bid to speed up black economic empowerment (BEE) in the agricultural sector, the Department of Trade and Industry on Monday gazetted the long awaited transformation charter.
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Rating period for new 2012 BBBEE Targets confirmed
Posted Thursday, 9 February 2012  |  Comments
The Dti released the atatched Gazette, confirming the rating period that companies will fall under in terms of the new BBBEE 2012 targets
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Rating period for new 2012 BBBEE targets confirmed
Posted Thursday, 9 February 2012  |  Comments
The Dti released the atatched Gazette, confirming the rating period that companies will fall under in terms of the new BBBEE 2012 targets
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New Skills Development Act Changes for comment
Posted Tuesday, 7 February 2012  |  Comments
It would appear that this legislation is in response to the fact that too often the current skills development act has not created a large amount of extra spend on training, while there is a desperate need for the country to deepen the skills pool that companies can draw from.
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Davies trying to get BBBEE back on right track
Posted Thursday, 2 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 Wednesday, 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 Codes of Good practice (lets hold our breath for this for next year)
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A summary of the Broad-Based Black Economic Empowerment Amendment Bill 2011: For public comments
Posted Wednesday, 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 Tuesday, 13 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 Wednesday, 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 Monday, 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 Thursday, 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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Cabinet approves changes to black empowerment act
Posted Thursday, 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 Wednesday, 23 November 2011  |  Comments
A description of the principles and impacts of broad-based black economic empowerment (B-BBEE)
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BBBEE a 5 year review
Posted Wednesday, 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 Friday, 18 November 2011  |  Comments
BEE rules to aid industrialists
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BBBEE and Enterprise Development
Posted Tuesday, 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 Wednesday, 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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Transcend advises Wal-Mart on BBBEE and Transformation
Posted Tuesday, 14 June 2011  |  Comments

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The Role of B-BBEE in transformation, or can South Africa become another Zimbabwe?
Posted Monday, 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 Tuesday, 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 Sunday, 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 Impact a strategic Enterprise Development Initiative can Have on your Business
Posted Wednesday, 4 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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