• BEE NEWS

Proposed Amendments to the B-BBEE Codes - 29 March 2018

Dr Rob Davies, Minister of Trade and Industry, released proposed amendments to the B-BBEE codes on the 29th of March 2018. The proposed amendments are open for public commentary and the dti invite interested persons and the public to submit inputs and comments on the Draft Statement within 60 days from the date of this publication.

Listed below are the key proposed amendments to the codes:

KEY AMENDMENTS

1. The Introduction of the Youth Employment Service Initiative and BBBEE Recognition

2. Principles for Unincorporated Joint Ventures

3. Clarifications around Exempted Micro Enterprises and Qualifying Small Enterprises

4. The Enhanced B-BBEE Recognition Level for Generic Enterprises

Interested parties are requested to forward their comments in writing for the attention of the B-BBEE Policy Unit to the following address (es):

E-mail: JManus@thedti.gov.za

Or

Attention: Jacques Manus

The dti Campus

77 Meintjies street

Sunnyside,

Pretoria

0002

c/o BEE Unit Private Bag X 84 Pretoria 0002

Enquiries: 012 394 5469

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The BEE Chamber will be providing an analysis of the proposed amendments to our Professional Members in the forthcoming days. To sign up as a Professional Member, click here to send an email:

I WANT TO JOIN

CLICK ON THE IMAGE BELOW TO DOWNLOAD YOUR COPY OF THE 29 MARCH PROPOSED AMENDED CODES

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