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CLARITY ON OVERLAPPING VERIFICATION PERIODS

The draft Verification Manual has been published for public comment in Notice 1055 of 2015 in the Government Gazette on 6 November 2015. Interestingly enough the public has been given 30 days to comment whereas they normally required period is 60 days. This shows clear intent to push this new legislation through as soon as possible.

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UPDATE ON SECTOR CODES AFTER 15 NOVEMBER 2015 SUBMISSION DEADLINE

 At the time of our previous e-mail there was about two weeks left for the sector councils to submit their amended charters to the DTI. There was a lot of activity in the last two weeks and apparently this is where we are with these Sector Charters:

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15 NOVEMBER 2015 FINAL SUBMISSION DATE FOR SECTOR CODES

After an inappropriately long period of keeping silent on the way forward with the B-BBEE Sector Codes we finally had some word on this issue by the Department of Trade and Industry. On 2 November 2015, through their Departmental spokesman Sidwell Medupe, the DTI announced that Sector Charter Councils have until 15 November 2015 to submit aligned Sector Codes for approval to the Minister of Trade and industry, Dr. Rob Davies

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