1 MAY AND THE NEW BBBEE CODES – WHAT YOU SHOULD DO NOW
The new BBBEE Codes of Good Practice are due to come into effect on 1 May. There has (at date of writing) been much speculation around whether or not this will happen, or whether the transitional period for implementation will be extended at the last minute. Regardless, every South African business should consider now whether […]
THE NEW B-BBEE THRESHOLDS, CODES AND PENALTIES: WHAT YOU SHOULD KNOW
Every South African business will be affected by the pending new amendments to the B-BBEE (Broad Based Black Economic Empowerment) Act, and by the new Codes of Good Practice. The benefits of complying are as great as the risks of not complying, so take advice in any doubt. Turnover thresholds up Exempt micro-enterprises (EMEs): The […]