Deadline for new B-BBEE Codes extended

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  • Greig Whitton
    Silver Member

    • Mar 2014
    • 338

    #1

    Deadline for new B-BBEE Codes extended

    For those who may have missed it, the DTI has extended the deadline for complying with the new B-BBEE Codes by six months from 1 October, 2014, to 30 April, 2015.

    Here's the original Government Gazette notice

    There are plenty of threads in this forum that discuss various aspects of the new Codes, however, I have a blog post that highlights three particularly important implications:

    1. Greater emphasis on procurement and supplier development.
    2. Vast differences in compliance ease and cost depending on your company profile.
    3. Extreme penalties for white-owned companies, and extreme benefits for black-owned ones.

    Founder of Growth Surge - Helping entrepreneurs create more wealth and enjoy more freedom.
  • Justloadit
    Diamond Member

    • Nov 2010
    • 3518

    #2
    Originally posted by Greig Whitton
    3. Extreme penalties for white-owned companies, and extreme benefits for black-owned ones.
    If this is not the mark of racism, and the continuation of racism, and we are not acknowledging that it is racism, then we will soon be under another racist government.
    Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
    Solar pumping, Solar Geyser & Solar Security lighting solutions - www.microsolve.co.za

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    • Dave A
      Site Caretaker

      • May 2006
      • 22810

      #3
      Originally posted by Justloadit
      and we are not acknowledging that it is racism, then we will soon be under another racist government.
      Oh, we're well past the point of acknowledging BEE is racism and that we have a government obsessed with race. The logic is that it is fair racial discrimination to correct the imbalances of the past.
      Participation is voluntary.

      Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

      Comment

      • Justloadit
        Diamond Member

        • Nov 2010
        • 3518

        #4
        How the law is being twisted to appease the masses, no wonder JZ will get away with nkandla. The law is only applied when it suits them, every other time it is defended by the statement that it is the "traditional" way that applies.

        Before we realise it, it will be written in law and apartheid will be alive as a way to control people again.
        I wonder if the world will get involved as it did pre 1994?
        Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
        Solar pumping, Solar Geyser & Solar Security lighting solutions - www.microsolve.co.za

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