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MSCT BEE SERVICES
Nov 16, 20211 min read
The YES4Youth definition of absorption.
The YES4Youth programme is a 12-month work experience programme for unemployed youth. Entities who take part in the YES4Youth programme...
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MSCT BEE SERVICES
Oct 25, 20212 min read
Let's break it down: What is a Black designated Group?
What is a Black designated Group? (a) Unemployed black people not attending and not required by law to attend an educational institution...
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MSCT BEE SERVICES
Oct 21, 20211 min read
What is a Black New Entrant?
This is a black participant/s who holds rights of ownership in a Measured Entity and who, before holding the Equity Instrument in the...
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MSCT BEE SERVICES
Oct 18, 20211 min read
The benefits of the YES4Youth initiative.
The YES4Youth initiative is a 12-month work experience programme for unemployed youth. This initiative gives previously unemployed youth...
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MSCT BEE SERVICES
Jul 21, 20214 min read
POPIA and your B-BBEE Verification.
1 July 2021 saw the anxiously anticipated implementation date of the Protection of Personal Information Act 4 of 2013 (POPIA). The Act...
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Levanya Reddy
Jun 7, 20214 min read
Understanding the Why: Enterprise and Supplier Development
The Preferential Procurement Policy Framework Act (PPPFA) was enacted in order to encourage an equitable, transparent and competitive...
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Stanley Deon Grau
May 25, 20211 min read
An explanatory memorandum from the dtic | 18 May 2021
The purpose of this Practice Note is to provide clarity on how ownership by entities such as Broad- Based Schemes, Employee Share...
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Stanley Deon Grau
Apr 30, 20211 min read
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Stanley Deon Grau
Apr 28, 20213 min read
What to do if Financial Statements are not available for a B-BBEE Verification.
In the event that a measured entity does not have audited financial statements available for the measurement period being assessed, a...
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Levanya Reddy
Apr 26, 20213 min read
Skills Development and your B-BBEE Verification.
Key to the development and growth of any economy or sector of the economy is quality education and training on a sufficiently massive...
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MSCT BEE SERVICES
Apr 22, 20211 min read
The dtic LAUNCHES INAUGURAL BLACK INDUSTRIALIST REPORT
The Department of Trade, Industry and Competition (the dtic) has today released the first annual Black Industrialist Report, highlighting...
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Ryan Clark
Apr 14, 20211 min read
Understanding Non-Conformances in relation to the Verification Process.
All SANAS accredited B-BBEE Rating Agencies are required to conform to the same standards as defined in the regulatory SANAS R47-03, as...
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MSCT BEE SERVICES
Apr 1, 20211 min read
Take a look at our Company Profile...
MSCT BEE Services strives to be an industry leader in service, quality, innovation & operational expertise. Established in 2011, our...
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MSCT BEE SERVICES
Mar 23, 20212 min read
MSCT BEE Services strives to be an industry leader in service and quality.
A little about us... MSCT BEE Services strives to be an industry leader in service, quality, innovation & operational expertise....
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Stanley Deon Grau
Mar 19, 20211 min read
A copy of our weekly newsletter is now available!
Catch up with us on a weekly basis. Download our newsletter here.
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Stanley Deon Grau
Mar 17, 20211 min read
How is Materiality determined by a B-BBEE Rating Agency?
The Verification Agency shall consider materiality and the risk of misstatement when planning and performing verification. The...
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MSCT BEE SERVICES
Mar 16, 20211 min read
A quick breakdown of Skills Development according to the B-BBEE Codes of Good Practice Legislation.
This initiative is implemented to assist the country with its Economic & Social development growth and the goal is to enrich the creation...
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Ryan Clark
Mar 15, 20212 min read
The Role of the B-BBEE Rating Agency & The Measured Entity.
Often the distinction between the duties & responsibilities of the B-BBEE Rating Agency & Measured Entity are unclear, and/or...
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MSCT BEE SERVICES
Mar 11, 20211 min read
A copy of our weekly newsletter is now available!
Catch up with us on a weekly basis. Download our newsletter here.
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Levanya Reddy
Mar 4, 20213 min read
Management Control & The Verification Process
Management control on the B-BBEE scorecard, Statement 200 (Large/Generic Entity) and Statement 600 (Qualifying Small Enterprise) of the...
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