by VDT Attorneys | May 19, 2022 | Accredited training, BEE, Skills development, Unaccredited training
In terms of the BEE Codes of Good Practice there are seven types or categories of training listed on the Skills Development Matrix. The classification of these categories is quite technical, and rather than unpacking this matrix in detail, we will simplify and discuss...
by VDT Attorneys | Apr 13, 2022 | BEE, Black shareholding, Foreigner, Naturalisation
The answer to this scenario depends on the following two main factors: 1) Did the person become a South African citizen prior to 27 April 1994?2) Did the person become a South African citizen on or after 27 April 1994 but was entitled to become a citizen through...
by VDT Attorneys | Apr 13, 2022 | BEE, Property, Property Practitioners Act, Transformation
The Act reconfirms that the Property Sector BEE Transformation Charter Code applies to all property practitioners that fall within the scope of the Act and also encourages organs of state to procure services from property practitioners that comply with transformation...
by VDT Attorneys | Mar 21, 2022 | B-BBEE Act, B-BBEE Codes, BEE, Procurement
The Preferential Procurement element forms part of one of the three priority elements of the generic B-BBEE scorecard. This means that a sub-minimum of 40% of the scorecard points available on this element (10.80 out of 27 points) must be scored for a generic entity...
by VDT Attorneys | Mar 10, 2022 | BEE, Phatshoane Henney Group
The Group’s long-held commitment to transformation has ensured that transformation is seen not only as an economic commitment susceptible to a firm’s financial position, but is embraced as a social imperative able to weather the onslaught of events like the pandemic....
by VDT Attorneys | Feb 8, 2022 | B-BBEE Act, B-BBEE Codes, BEE, Competition
When the Competition Commission or Competition Tribunal has to consider whether a merger or acquistion is justifiable and in the public interest, both the Competition Commission and Competition Tribunal will also consider whether historically disadvantaged persons...
