December 8, 2017

The DTI minister, Dr Rob Davies has gazetted the Amended AgriBEE Sector Code 2017.

Please refer to the link below, if you would like a copy of the newly gazetted code.

Amended AgriBEE Sector Code 2017

December 1, 2017

Please be advised that the following Sector Codes have been gazetted. There is also confirmation of proposed dates for when other Amended Sector Codes will be gazetted. 

Financial Services Sector Code

- Effective 1 December 2017 (Attached)

Construction Sector Co...

August 10, 2017

The B-BBEE Commission released a media statement on 7 August 2017 regarding fronting and non-compliance, having also attached a list of entities which will be investigated.

In summary, the B-BBEE Commission has launched investigations of possible violation of the B-BBEE...

August 8, 2017

On 21 July 2017, The Minister of Trade and Industry Gazetted Draft Statement 005 of 2017 for public comment. The Draft Statement 005 seeks to regulate the B-BBEE Verification. In doing so, it will ensure consistent applications across all fields of B-BBEE Legislation....

June 19, 2017

The scorecards look as follows:


 

                                                   Generic  ...

April 26, 2017

The Broad-Based Black Economic Empowerment (B-BBEE) Commission hosted a breakfast session in Midrand on Friday, 24 March 2017. Dr Rob Davies, minister of the DTI gave the keynote address. Dr Rob Davies affirmed governments view on B-BBEE and emphasized that radical tra...

April 24, 2017

We are hearing that the B-BBEE Commissioner is becoming involved in the establishment of the Sector Codes, and is focusing on targets under all elements. We must see this in the light of the SONA statements by the President. This is contributing to the hold-up in Gazet...

April 21, 2017

The B-BBEE Commission will in future take action against companies that are found to not comply with the B-BBEE requirements for transformation. Of approximately 400 listed JSE companies, only 27 have reported.

Section 13G of the Broad-Based Economic Empowerment...

April 21, 2017

In the past couple of months, not much has changed in the BEE Industry. A few of the main topics which were discussed at the State of the Nation Address are as follows:

  • The president's comments regarding transformation and BEE in the State of the Nation Ad...

March 7, 2017

1 April 2017 is fast approaching, and companies who tender need to be aware of the complications and changes surrounding the PPPFA. 

Also, we will be faced with a situation where we suspect tender bodies to compare a BEE Certificate issued under the 2007 Codes of G...

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Disclaimer: Every effort has been made by MSCT BEE Services to ensure the accuracy of the information contained within this web site. Therefore MSCT BEE Services, it's agents, affiliates and employees make no warranties with regards to the performance of this web site and the information and images contained in it. Accordingly, any visitor to this web site renders MSCT BEE Services harmless against all and any loss, liability, actions, proceedings, costs, demands and damages of every kind, (including direct, indirect, special or consequential damages) as a result of use on this web site.

Impartiality policy: Impartiality and objectivity are the fundamentals of effective and consistent BEE verification. MSCT BEE Services therefore adopts a policy that ensures impartiality in all of the company’s activities and relationships.This policy compels MSCT BEE Services directors, managers and staff to undertake their company associated responsibilities with diligence, accuracy and professionalism; and that they comply with the highest standards of honesty, integrity, and fairness. Any person representing the company in any capacity must avoid ethical, legal, financial, or any other actual or apparent conflicts of interest and ensure that their personal activities and interests do not conflict with their obligations to the company, its stakeholders or its welfare in general. MSCT BEE Services is furthermore committed to identifying, managing and resolving any threats to impartiality that may arise from its activities. ​

Appeals of verification decision: The Verified Entity has the opportunity to appeal the findings in their report. This can be done within five days of receiving the preliminary Verification Report. The appeal needs to be in writing, addressed to the Verifications Manager in charge, and will be resolved or addressed, as per the company policy on appeals,  within 30 days of receipt.  

 

Complaints: ​The Verified Entity has the opportunity to complain about any aspect of service delivery. This may be done at any stage during the verifications process, and the complaint needs to be in writing, addressed to the Manager, Client Services. MSCT BEE Services will endeavor to resolve all complaints within a reasonable time as per the company policy on complaints, which is no later than within 30 days of receipt.

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