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Navigating complex BEE requirements to ensure compliancy can be a tricky process for many businesses. Since the implementation of BEE in 2003, there have been many high-profile cases of companies found to have faked their BEE credentials and many who have failed their verification audits for other reasons.
This article may appear counter-intuitive, given the huge amount of rhetoric and conjecture which abounds outside of workplaces where Broad Based Black Economic Empowerment (BBBEE) has been mindfully implemented. There is a huge amount of negativity which exists where BBBEE has failed to be successfully implemented, and even more fake news from owners in those companies which have failed to, or where they have simply refused to, implement any kind of BBBEE solution at all.
Skills development is a priority element of the B-BBEE scorecard and it is one of the easiest priority elements to comply with, if you know how...
South Africa’s economic future is inextricably linked to the broader efforts to create a cohesive and progressive society. Initiatives to stimulate key sectors of the economy and attract investment to ignite job-creating growth will not be successful if they are not accompanied by a parallel process to address lingering issues in society that inhibit nation building.
The final version of the revised Mining Charter 2018 were announced by Minister Mantashe, who described the new Charter as one which represents a consensus among industry stakeholders, with compromises having been made on some of the contentious aspects of the version of the Charter published for comment in June 2018.
Dr Martin Kaggwa | Executive Research Director | Sam Tambani Research Institute | firstname.lastname@example.org | http://www.satri.org.za/ |The 2017 Revised Mining Charter has created animosity between...