News

B-BBEE CODES NEW RELEASES FROM DTI

 31 May 2019, the DTI released, a new version of the Preferential Procurement, Enterprise – and Supplier Development element, Skills Development Element, General Principles, as well as updates on Interpretations and Definitions. Please contact us for detailed explanations and assistance…

Alternative Prosperity is Expanding

Alternative Prosperity is expanding our presence in Gauteng with a larger team of specialists and a new office.   Alternative Prosperity has been helping clients with B-BBEE and transformation since 2008. Whilst operating predominantly out of our Western Cape office,…

Y.E.S. INITIATIVE PRACTICE NOTE

From the Department of Trade and Industry   The first Practice Note for the YES initiative was released via Government Gazette 41975 of 12 October 2018. Elaborated issues in the Practice Note include: E.S. Measured Entities needs to Registered and…

MINING CHARTER FINALLY GAZETTED

The final Mining Charter was gazetted on Friday 28 September 2018. This brings an end to an extended period of consultation. Some of the highlights of the newly gazetted Mining Charter are as follow: The ‘Once Empowered, Always Empowered’ principle…

B-BBEE Reporting Requirements effective April 1st

Additional reporting obligations for JSE listed companies regarding B-BBEE compliance which will be effective for all reporting to the B-BBEE Commission as from 1 April 2018. The B-BBEE Commissioner recently issued an explanatory notice providing further details on the information…

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