by VDT Attorneys | Jun 14, 2021 | BEE, Commercial, Company
A common misconception is that any charitable contribution or intitiative qualifies for Socio-Economic Development points. Although such initiatives are laudable, the BEE Codes of Good Practice have very clear requirements for contributions to qualify for recognition...
by VDT Attorneys | May 20, 2021 | BEE, Business, Commercial, Company, Skills development
To answer your question, it is best to firstly start with what learnerships are. Learnerships are accredited qualifications where a learner completes theoretical and experiential training simultaneously. This distinguishes learnerships from other forms of training...
by VDT Attorneys | Jan 6, 2021 | BEE, Business, Commercial, Company, Corporate, Tender
You are correct in that our Supreme Court of Appeal (SCA) at the beginning of November 2020 ordered that the Preferential Procurement Regulations 2017 promulgated under the Preferential Procurement Policy Framework Act 5 of 2000 be set aside and declared invalid. In...
by VDT Attorneys | May 13, 2019 | BEE, Business, Commercial, Corporate, Employment, Labour, Skills, Skills development, Tax, Youth
A useful tax incentive for employing youth is ETI or Employee Tax Incentive. ETI allows you to benefit up to R12,000 per year for every qualifying youth you employ. ETI was introduced to help make it more affordable for businesses to appoint new staff and assist young...
by VDT Attorneys | Apr 11, 2019 | BEE, Business, Commercial, Employment, Youth
On 28 August 2018 the Youth Employment Service Initiative (“YES Initiative”) was published within Code Series 000, Statement 000 of the Amended BEE Codes of Good Practice and became effective with immediate effect. The YES Initiative in short, is aimed at creating...
by VDT Attorneys | Mar 11, 2019 | BEE, Mining, Procurement
The Mining Charter 2018 (“Mining Charter”) was published on 27 September 2018 and the Implementation Guidelines to the Mining Charter (“Guidelines”) followed shortly thereafter on 19 December 2018. These Guidelines essentially outline processes, procedures, forms and...
