Revised Codes of Good Practice

The Revised Codes of Good Practice have finally been Gazetted on 11 October 2013. You can access them Here to download or view. There will be a transition period of 12 months which means they will come into effect on 11 October 2014.

Impact of the Elections results on B-BBEE

The results from the recent elections on 7 May is showing the first signs of a power shift in South African Politics and B-BBEE will be one of the vehicles to try and stabilize or limit these shifts.

Revised QSE Scorecard to be issued in June

In these confusing and uncertain times it is important not to lose sight of the bigger picture in B-BBEE development  to ensure you know what is coming down the line and are able to plan properly and make appropriate business decisions.

Your B-BBEE strategy for 2014 and the Revised Codes of Good Practice

By now you have been bombarded with what to expect in terms of the New Codes of Good Practice. Your next step should be to practically implement these changes and be prepared for your first scorecard under the Revised Codes of Good Practice after 11 October 2014.

You first step should be to complete your current scorecard under the existing Codes of Good Practice as soon as possible

Final word on Management Control in the Revised B-BBEE Codes of Good Practice

Management Control and Employment Equity are now combined under one element in the codes called Management  Control and counts 19 points. This was one of the two combinations that brought the seven elements under the current codes down to five elements under the new codes. There are no sub minimum targets required under this element.

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