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Comment on the BEE Amendment Act: Trumping Provision

Continuing our comment on the BEE Amendment Act, see our next article below highlighting some of the most important changes in the Act. To read the previous 2 articles, click here for Reporting Requirements and click here for Punitive Measures.  This week’s comment:...

Comment on the BEE Amendment Act: Punitive Measures

Last week we started our comment on the BEE Amendment Act with the 1st of 3 newsletters to highlight some of the most important changes – read previous article  here. Punitive Measures Act 53 contained no express punitive measures for transgression of any of its...

Comment on the BEE Amendment Act

The Broad-Based Black Economic Empowerment Amendment Act, 2013 (the ‘Amendment Act’) was gazetted earlier this year on 27 January 2014 (Gazette 37271). This followed a year long public commentary process where interested parties were also encouraged to...

CEO of AQRate comments on amended B-BEEE codes

The Revised Codes were launched on Friday.  The most important facts to be aware of for the moment are the following:   1.            Effective Date It will only come into effect in 1 year from the date of its gazetting  i.e. 11 October 2014 (Updated to to the 30...

AQRate Tasked with Drafting Revised Forestry Sector Code

We are proud to announce that AQRate has in Joint Venture with Foresight Strategies been awarded the tender for the management of the alignment process of the Forestry Sector Code with the Revised Codes of Good  Practice.  As part of the tender AQRate is tasked with...

AQrate KZN awarded BEE Qualifying Small Enterprise award

We are proud to announce that AQrate KZN has been awarded the Alec Rogoff BEE Qualifying Small Enterprise award for 2014 by the Chamber of Commerce & Industries at the annual Chamber Awards Ceremony – proving that we not only have the “know-how” of Broad-Based...