The Question Is Not Whether This Will End, But What Happens When It Does?
Some of the economic effects of Lockdown are known. South African debt has been downgraded. The world faces a double-digit…
ICASA – Equity Ownership
The Independent Communications Authority of South Africa (“ICASA”) has recently published draft legislation on how it intends to prescribe equity…
Skills Development
1. Element 3 – Skills Development Total Weighting Points: 20 Total Bonus Points: 5 Total Possible Points: 25 Core…
Management Control
1. Generic Scorecard Element 2 – Management and Control Total Weighting Points: 19 Total Possible Points: 19 Core…
Selecting The Correct Empowerment Partner Positively Impacts Your Ownership Score
Structure of Ownership has a significant bearing on Ownership Points 1. In terms of the Revised Codes, companies are incentivised…
How is Net Value calculated, and what are the formulae utilised?
1. The Revised Codes stipulate that: 1.1. Net Value must be valued as the lesser of two formulae. 1.2. Formula…
What is Net Value Transfer
1. Net Value Transfer Requirement 1.1. This requirement of Ownership was enacted to address phantom ownership where black names…
B-BBEE Ownership - A Background Of B-BBEE And How Ownership Is Broken Down
Element 1 – Ownership Total Weighting Points: 25 Total Bonus Points: 0 Total Possible Points: 25 Core Pillar: Yes Sub-Minimum…
Determination of Targets for Generic Enterprises
1. Key Inputs into Determination of Targets for Generic Enterprises 1.1. Generic Enterprises have a turnover greater than R50 million…
Designation of Enterprises
The Revised Codes In terms of the Revised Codes, enterprises are classified into three categories depending on their annual…
Priority Elements and the Sub-Minimum Principle
Three elements of the Codes are considered Core Pillars. They are: 1. Ownership; 2. Skills Development; and 3. Enterprise and…
