News

Dear Valued Client, The practice note for the implementation of the Y.E.S (Youth Employment Service) Initiative has been issued in terms of the Amended Code Series 000, Statement 000 of the Amended Codes.Highlights from this practice note: Eligibility: To participate in Y.E.S, you must be registered with the Y.E.S Non-Profit Company, You must maintain your previous BBBEE level status recognition, as issued by a SANAS accredited verification agency, in order to be awarded any points under the Y.E.S initiative, Your eligible employees must complete at least eight (8) months of your qualifying Y.E.S initiative in order for the workplace experience…
%AM, %01 %366 %2018 %09:%Oct

Newly Gazetted Mining Charter

Dear Valued Client,The Broad-Based Socio-Economic Empowerment Charter for the Mining and Minerals has been gazetted for implementation in terms of Section 100 (2) of the Mineral and Petroleum Resources Development Act, 2002 (MPRDA) This Charter is to be read together with the Implementation Guidelines to be gazetted by December 2018.Please do not hesitate to contact your nearest Empowerdex Branch should you have any questions.Kind regards,The Empowerdex Team
%AM, %30 %415 %2018 %10:%Aug

Youth Employment Service Initiative

Dear Valued Client,Please find attached the Youth Employment Service Initiative that has been gazetted by the Minister of Trade and Industry under Codes Series 000, Statement 000 of the amended Codes of Good Practice. This document is effective immediately.Please do not hesitate to contact your nearest Empowerdex branch should you have any questions after studying the gazette.Kind regards,The Empowerdex Team
Dear valued client,Please find attached for your information a recently signed memorandum of understanding between the BEE Commission and the South African Revenue Services.Should you have any queries please do not hesitate to contact your nearest Empowerdex branch.Kind regards,The Empowerdex Team
Dear valued client,Please find attached correspondence released by the BEE Commission with regards to whom may issue certificates and what is acceptable. Please consider this carefully when receiving certificates from your suppliers for your procurement purposes.Please contact your nearest Empowerdex branch should you have any questions.Kind regards,The Empowerdex Team
Dear valued client,Please find attached the newly released mining charter for public comment. Please do not hesitate to contact your nearest Empowerdex branch should you have any questions.Kind regards,The Empowerdex Team
Dear valued client,Please find attached hereto a second draft for public comment released by the Department of Trade and Industry on the 15th of June 2018. The proposed changes and/or updates dealt with herein refers to some of the definitions within the Generic Codes of Good Practice of 11 October 2013 as well as scoring and methodology under Code Series 400 (Enterprise and Supplier Development). The public commentary period will be running for 60 days. Please do not hesitate to contact your nearest branch should you have any questions.Kind regards,The Empowerdex Team
Please see a proposed revision of the Codes of Good Practice, in particular, Statement 000 (General Principles), as well as Code 300 (Skills Development). This is open for public commentary for sixty days, commencing on the 29th March 2018. Key Amendments under Statement 000: Enhanced recognition for Black-Owned entities. This amendment proposed that 51% Black-owned, as well as 100% Black-Owned entities can receive an automatic B-BBEE Level 2 and Level 1 recognition level, respectively. They only need to supply an ownership verification certificate, ensuring that the ownership is calculated on the flow through basis, not utilising any enhancements or deemed…
%AM, %11 %400 %2017 %10:%Dec

New Agri Sector Codes

Dear valued client, Following shortly on the new Financial and Construction Sector codes, last week saw the new Agri Sector Codes being Gazetted. Please find attached a copy thereof. These codes are effective immediately from the date of publication which was the 8th of December 2017. This means that any verification that is signed off after the date of publication must be based on the new codes. Any verification signed off prior to the 8th of December 2017 will still be valid for the validity period of the certificate. Please do not hesitate to contact your nearest Empowerdex branch for…
%AM, %05 %391 %2017 %10:%Dec

New Construction and FSC codes

Dear valued client,The Amended Sector Codes for the Construction & Financial Services sectors have been gazetted. Please find attached a copy of each. These codes are effective immediately from the date of publication which is the 1st of December 2017. This means that any verifications that are signed off after date of publication must be done so on the new codes. Any verification signed off prior to the 1st of December 2017 will be valid for the validity period of the certificate. The construction sector has however indicated that anyone that recently has completed a verification using the new generic…
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