Vogel Malan Attorneys & Notaries

19/09/2019

Our new office building opening

12/08/2019

We are hiring and looking for BBBEE analysts with experience and professionals whom have the experience to qualify as a technical
Signatory. We offer competitive salaries in this regard Please
Forward your details to Hanlie Malan at [email protected] and [email protected]

17/06/2019

We have the best equiped team to assist in the restructuring of ownership for purposes of black empowerment. We are specialists in both BBBEE since 2005 and vast experience in commercial law. We will be able to give you sound and proper advice. Visit our website and send us an e mail to inquire

24/05/2019

Please visit our website for more information 👌🏻

24/05/2019

BBBEE specialists for the past 14 years with exeptional results. Contact us for any related queries and assistance. Our team has accurate advice that complies with all relevant legislation. Your business can only grow when complying and strategically positioning itself in die SA market.

21/11/2018

https://city-press.news24.com/Business/eu-wants-relaxation-of-bee-rules-before-investing-in-sa-20181120

Europe opens its doors but EU trading partners request concessions before investing in SA, including a relaxation of BEE rules.

16/11/2018

We are serious about protecting your Business

18/06/2018

POPOSED CHANGES TO THE BBBEE CODE OF GOOD PRACTISE 2013

The 16th of June 2018 the DTI published the attached Draft Gazette 41709 that proposes:
• A new set of Definitions.
• A revised Enterprise & Supplier Development Code 400 wording.

Primary changes that will be brought about if this Gazette is promulgated as is are as follows:

• “Absorption” will mean a learner securing a long-term contract of employment (also defined) and will no longer include proceeding with further education and training.
• The definition of a Designated Group Suppliers is clarified as 51% ownership by Black Designated Groups.
• Critical Skills is tightened to mean as defined by the relevant SETA and not any SETA.
• 30% Black Women Owned means an Entity where Black women own at least 30% and not more than 30%.
• The Preferential Procurement Scorecard is amended as follows:
• The two separate indicators for purchase from EMEs and QSEs are merged into one with 5 Points and a target of 25%. Currently there are 7 points across the two with targets of 15%. There is an additional clause that permits purchases from Generic entities that are 51% Black owned to be included under this indicator so long as they are 51% black owned via flow through and not modified flow through.
• Indicator 2.1.4 relating to purchases from 51% Black Owned suppliers becomes 2.1.3 and the points and target are increased from 9 to 11 and 40% to 50% respectively.
• The definition of qualifying Enterprise & Supplier Development beneficiaries is changed to EMEs, QSEs or Generic Entities that are 51% Black or 51% Black Women Owned utilizing the flow through principle.
• A new recognition multiplier of 2.0 is introduced for purchases for suppliers that are 51% Black Owned or 51% Black Woman Owned utilising the Flow Through Principle.
• The recognition multiplier of 1.2 for 1st time suppliers is removed.
• Suppliers to the measured entity cannot benefit from Enterprise Development contributions.
• The recognition of guarantees provided on behalf of an Enterprise or Supplier Development beneficiary is increased from 3% to 50%.

Comments have to be submitted within 60 days.