[3] POWERFUL SONA TAKEAWAYS REGARDING EDUCATION IN SA

sona 2021

The 2021 SONA was highly anticipated by many. Considering the unexpected year South Africa had in 2020 due to the pandemic, all citizens waited in anticipation to hear what President Ramaphosa and his cabinet have planned to pull the country out of its dire situation. Many were left dissatisfied by the lack of attention given […]

[2] IMPORTANT WAYS TO GET B-BBEE POINTS FOR YOUR SCORECARD

B-BBEE

[2] WAYS TO GET B-BBEE POINTS FOR YOUR SCORECARD The amended B-BBEE codes of Good Practice that are now fully implemented provide a serious challenge to companies who are finding it difficult to achieve a decent Level of Compliance. What has also become apparent is that some businesses are not aware that the amended codes […]

AMENDMENTS TO THE B-BBEE CODES OF GOOD PRACTICE

The outgoing Minister of the Department of Trade and Industry has snuck in a farewell gift to business. He signed Gazette 42496 on 9 April 2019, and they were gazetted on 31 May 2019. This gazette deals with: Amendments to Schedule 1 to the B-BBEE codes which make several changes to definitions used Replacement of […]

Rethink the use of a Trust as a B-BBEE Ownership Vehicle

The following must be kept in mind when considering a trust: The beneficiaries must exercise voting rights, receive the same economic benefits as other shareholders and ultimately become unencumbered owners of the shares in which they are invested – (Shareholding and Dividends must go to Trust Beneficiaries). Beneficiaries must have vested rights to receive distribution […]

WORKPLACE SKILL PLANS DUE END OF APRIL 2020

South Africa’s employment lexicon is an everchanging one. With new developments occurring more often than in other sectors, pre-requisites such as the Workplace Skills Plans (WSP) need to be updated to regulate the workplace and eliminate room of irregularities. WHAT IS THE WSP? The WSP is a document that records the skills needs of your […]

BUDGET SPEECH 2020: WHAT’S THE BUZZ?

Entering its 7th year of recession, South Africa’s inability to achieve economic growth of over 1,4% has led to socio-economic issues such as poverty and unemployment to continue to plunge into lower levels. The country’s GDP speaks volumes – entering a technical recession creates a bleak picture for many business owners in the country – […]

HUMAN RIGHTS IN THE WORKPLACE

Amidst the Coronavirus pandemic that has crippled the rainbow nation, the country is gearing up to celebrate one of the most treasured public holidays of our time, Human Rights Day – which commemorates the Sharpville Massacre which took place 60 years ago. With this in mind, we look at what Human Rights Day means in […]

WORK FROM HOME: NOW WHAT?

After the president announced a 3-week shutdown, many South Africans were filled with uncertainty – how does one work from home and be effective in doing so? For many who have never worked from home, this may present itself as a challenge. Creating a new working habit while still factoring family and rest time is […]

SKILLS DEVELOPMENT DURING COVID-19 – SINK OR SWIM

The uncertainty of the business environment post-COVID19 leaves many fearful. Business owners who were forced to shut down during the lockdown are facing the reality that new challenges will arise in their industry, challenges they have never dealt with before. These Macro challenges mean that organisations need to adapt or die – and in the […]

B-BBEE and what you need to know

  On the BEE front, we have been inundated by clients that have been promised scores by questionable consultants that never materialise.  How does this come about? The verification company and consultant need to be on the same page to ensure that the verification company’s stances and opinions on verification are accurately translated to the […]