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THE

BEECHAMBER

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NEWS

TIMING OF ABSORPTION



The Department of Trade Industry and Competition (the dtic) released clarification notes a while ago in a questions and answers format as a point of reference for implementing the Amended General B-BBEE Codes of Good Practice for organisations and B-BBEE Rating Agencies.

 

The objective of Absorption, as outlined in the 2019 amendments to Statement 300, is to create employment for unemployed people upon completing their Learnerships, Internships or Apprenticeships.

 

Q | What is common practice if Absorption happens after an organisation’s Measurement Period but before the date that appears on an organisation’s B-BBEE certificate?

 

A | Absorption must happen before the end of an organisation's B-BBEE verification, irrespective of the Measurement Period. As long as the person was a learner within the financial period, it should be claimable where they have completed the learnership programme by the time of verification.

 

Skills Development Services is on hand to assist members claiming Absorption under Skills Development.

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