BEE Business News
Universities teach BEE :
Trade and Industry Minister Rob Davies on Friday launched a broad-based black empowerment (B-BBEE) management development programme to be offered by universities.
"For the first time we are institutionalising and professionalising B-BBEE, thus entrenching it within the economic system," Davies said at the launch outside Pretoria, according to a statement from the department of trade and industry.
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NABC NEWS :
The proposed ICT Sector Charter was released for commentary on the 15 June 2011 announcing, amongst other things, Enterprise Development targets of 5% of NPAT which is a positive move for small business in South Africa and in line with the proposed amendments to the BEE Codes of Good Practise which is proposing scorecard penalties for those companies who fail to address the Enterprise Development element...
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An Impression that Lasts and Lasts - Corporate Social Responsibility Mercedes Benz SA:
One particularly heart-warming project has been the group's support for the Rally-to-Read programme. MBSA has been involved in the Eastern Cape leg of the rally for 14 years. The impact of empowering young rural children by improving their access to educational material is immeasurable. It remains, literally, an investment in the future.
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Brief Analysis of the Chartered Accountancy Sector Code :
As the end of Quarter 1, 2011 draws to a close the much-expected changes and activity that we predicted at the end of 2010 has been all too visible.
Essentially BEE is a process of transformation, or change. A model called the "Change Curve", created in 1969 by Elisabeth Kubler-Ross, explains how people respond to the need to change initially through shock, anger and fear, to blame of external parties or third-parties to seeking clarity and testing responses and ultimately to acceptance.
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New (higher) targets to be met as of 9th February, 2012 :
With the second half of 2010 being upon us, we would like to highlight two factors which will have significant impact on your company’s BBBEE strategies, policies and scorecards over the next 6 months.
In accordance with the two 5 year phases as promulgated in the BBBEE Act on the 9th of February 2007, new targets for the various scorecard elements will come into effect as of February 2012.
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Black Economic Empowerment Simplified - By Judy Rajoo Online Editor for Cold Press Media :
It is not a black South Africa. It is not a white South Africa. It is our South Africa.
We recently celebrated our iconic Madiba's birthday and South Africans as well as the world were once again reminded that each and every individual has the ability to make a difference.
One of my favourite quotations of all time, 'Not everyone can be famous but everyone can be great because greatness is determined by service.
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