Repeal of Sector Codes Not Aligned to the Amended Codes: "Sector Charter Councils have until the 15 November 2015 to submit aligned Sector Codes for approval to Minister of Trade and Industry, Dr Rob Davies. All existing Sector Codes that have not submitted...

Continuing our comment on the BEE Amendment Act, see our next article below highlighting some of the most important changes in the Act. To read the previous 2 articles, click here for Reporting Requirements and click here for Punitive Measures.  This week’s comment:...

Last week we started our comment on the BEE Amendment Act with the 1st of 3 newsletters to highlight some of the most important changes - read previous article  here. Act 53 contained no express punitive measures for transgression of any of its provisions. The Amended...

The Broad-Based Black Economic Empowerment Amendment Act, 2013 (the 'Amendment Act') was gazetted earlier this year on 27 January 2014 (Gazette 37271). This followed a year long public commentary process where interested parties were also encouraged to make...

The Revised Codes were launched on Friday.  The most important facts to be aware of for the moment are the following:   1.            Effective Date It will only come into effect in 1 year from the date of its gazetting  i.e. 11 October 2014 (Updated to to the 30...