by VDT Attorneys | Mar 11, 2019 | BEE, Mining, Procurement
The Mining Charter 2018 (“Mining Charter”) was published on 27 September 2018 with the Implementation Guidelines to the Mining Charter (“Guidelines”) published on 19 December 2018. The Guidelines provide mining rights holders with detailed explanations and calculated...
by VDT Attorneys | Feb 12, 2019 | BEE
The Defence Sector BEE Code (“Defence Code”) was published on 9 November 2018 with the aim of transforming the South African Defence Industry. Before the Defence Code, private companies which supplied products and services to the defence industry, were required to...
by VDT Attorneys | Feb 11, 2019 | BEE, Property, Water Rights
Die Nasionale Waterwet van 1998 reguleer die proses en kriteria waaraan ‘n waterlisensie-aansoek moet voldoen. Een van hierdie kriteria behels dat so ‘n aansoek met ‘n gesertifiseerde afskrif van die applikant se Breë-Basis Swart Ekonomiese Bemagtiging sertifikaat...
by VDT Attorneys | Nov 9, 2018 | BEE, Commercial, Compliance, Minerals, Mining
The long-awaited Mining Charter 2018 or Mining Charter III (“MCIII”) has been signed by the Minister of Mineral Resources on 26 September 2018. MCIII is immediately effective and applicable to all mining companies in South Africa. MCIII contains a few vital concepts...
by VDT Attorneys | Oct 4, 2018 | BEE, Employment
On 28 August 2018 the Youth Employment Service Initiative (“YES. Initiative”) within Code Series 000, Statement 000 of the Amended BEE Codes of Good Practice was published in the Government Gazette and became effective immediately. The YES Initiative is an initiative...
by VDT Attorneys | Sep 10, 2018 | BEE, Tax
The B-BBEE Commission was established with the powers to oversee the overall implementation of B-BBEE in South Africa including reviewing BEE transactions entered by South African businesses. Given the strategic benefit of being BEE compliant, many businesses are...
