As you know, the government made changes to the Broad-Based Black Economic Empowerment generic scorecard on the 1st of May 2015, and one the elements on it has to do with skills development.
It measures your skills development on black employees.
Having said that, here are 8 ways to maximise your B-BBEE points using skills development... Way#1: Comply with the Skills Development Act
Make ... ››› more
We've been waiting a while, but it's finally over.
The DTI has released clarity on the Amended QSE Codes after gazetting them on 6 May 2015.
These new codes affect the Broad Based Black Economic Empowerment Amendment Act which came into effect earlier this month.
While labour experts are still trying to make sense of how these QSE codes will change the business landscape, here's a copy ... ››› more
According to general belief, the May 1st changes to the BBBEE Act prove that Government is proactive about BEE. It also proves that it's more strict when it comes to implementing Broad Based Black Economic Empowerment (BBBEE).
In what follows we'll look at the new measures it introduced, the impact the amendments have on BBBEE skills development, the way the new amendments affect sector codes ... ››› more
Thought just having a BBBEE certificate was good enough? Think again. And it's not just government that's increasing pressure on companies. According to the seventh annual KPMG Black Economic Empowerment Survey, this pressure's increasingly coming from customers, with about 42% of companies surveyed stating that they expect companies to have attained at least a level four BBBEE contributor status ... ››› more
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