Unemployed vs Employed

Unemployed vs Employed

Unemployed vs Employed are terms causing much frustration and debate in the practical application of Code 300, Skills Development. This Code provides expectations, however, interpretation of identified beneficiaries often lies in the ‘eyes of the beholder’. This is largely due to inconsistencies of specific target beneficiaries within the scorecard. As Skills Development forms one of the three Priority Elements within the Amended Codes, the consequence of misinterpretation could result in non-compliance and subsequent discounting of an organisation’s overall B-BBEE status level. This article presents interpretations held within other legislative Acts, in order for those driving Skills Development initiatives to make an informed decision.

Continued Copnsequence

Continued Copnsequence

The Continued Consequence Principle, known to many as ‘Once Empowered, Always Empowered’ is, arguably, one of the most complex areas of the Amended Codes. This article introduces the amendments made to this principle within the Amended Codes in relation to the qualification and calculation thereof. It concludes with a scenario that breaks down the complexity of this Principle when calculating Continued Consequence.

TFM Magazine Issue 07

TFM Magazine Issue 07

This issue unpacks the expectations of the Agri, MAC & Property Sector Codes. These three Sector Codes endeavor to maximize ‘Black’ participation. Within each sector code is unique aspects and features in order meet the desired outcome of Transformed sectors. The article compares the expectations of these three sector codes against those of the 2013 Amended Codes.





It's a Fake!

It's a Fake!

It is estimated that approximately 60% of B-BBEE certificates, used to secure work, are fake. Is corporate South Africa turning a blind eye to fake B-BBEE certificates? Does your organisation have the processes in place and ability to identify the ‘red flags’ in order to flush out these fraudulent B-BBEE certificates?

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