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Thread: Where are the final BEE codes?

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    Site Caretaker Dave A's Avatar
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    Where are the final BEE codes?

    The consultation round on the draft BEE generic codes was wrapped up in May this year. The DTI would not commit to a firm timeline as to when the final codes would be released, but did say that the project enjoyed very high priority. The indication then was that the final codes would be published within 2-3 months, but could take longer.

    OK. So let's double the timeline. This is taking longer than expected.

    My concern is that the longer they take, the more tinkering is going on in the background - moving us ever further away from the agreements reached during the consultation stage. In the meantime preferential procurement remains focused on narrow based BEE - measuring ownership only.

    So, where are the final BEE codes?
    What is taking so long?
    Why the delay?

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    Quote Originally Posted by Dave A View Post
    So, where are the final BEE codes?
    What is taking so long?
    Why the delay?
    Very good questions. I wish we knew.

    Did you try and phone them today?

    I've heard that they would be presented to cabinet yesterday, but I haven't seen anything in the news at all.

    I've just been through the whole process as I couldn't wait any longer. The preferential procurement code is quite a mission, and there were a few 'unknowns' which I have decided will only be rectified once the final codes are released!

    Peter
    Last edited by PeterS; 09-Nov-06 at 08:53 PM.

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    Site Caretaker Dave A's Avatar
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    These delays are certainly trying. There certainly is a pressing need for clarity. There is so much speculation which is always risky.

    We can't keep our lives on hold forever.

    At the consultation meetings, there was a strong call for simplification on the measurement of procurement for QSE's. Here's hoping....

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    Arrow made news tonight

    The codes managed to make it into the news tonight (SABC3 I think) - just caught the second half of the report, so not too sure what was said.

    What was mentioned again was the raising of the bar, with the numbers R3-5mil being mentioned as the threshold.

    Just checked the DTI website again - nothing new there. We wait in antici....
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    Quote Originally Posted by dsd View Post
    What was mentioned again was the raising of the bar, with the numbers R3-5mil being mentioned as the threshold.
    I'll settle for that.

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    The Minister said all QSE would be fully compliant and the threshold was 3-5 Million, didnt say which.
    report back in December sometime.

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    Site Caretaker Dave A's Avatar
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    Stand by - here they come.

    From Gov online

    Events on 14 Dec
    - Mpahlwa briefs media on Codes of Good Practice for Broad-Based Black Economic Empowerment

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    just me duncan drennan's Avatar
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    The final code may not be here, but they have finally got a mention on the DTI's website, http://www.dti.gov.za. Importantly there is also an overview of the BEE codes of good practice available.

    Important to note - Micro enterprises = turnover < R5m = automatic level 4 (i.e exempt)
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    Site Caretaker Dave A's Avatar
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    It's all there in the overview. Well spotted, Duncan.

    The QSE Codes have been renumbered 800 to 807. There's a few definitions that are going to need a bit of a look up, but clearly a vast improvement on the draft codes.

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    Site Caretaker Dave A's Avatar
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    Hmm. First question comes up already.

    If your turnover is under R5 mil, but you could score higher than level 4 applying the QSE scorecard, can you opt in to be measured on the QSE code?

    I guess I'll have to wait for the fine print to come out.

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