Partners in Socio & Economic Develoment - PTY Ltd

11/09/2019

We're looking for a Intermediate BBBEE Consultant to be based in Jhb.
Salary between R12 000-R18000 depending on experience.
*REQUIREMENTS*
Education:
Degree BCOM/ Auditing/LLB
At least 2 years’ experience
Manual BBBEE calculations experience
BBBEE verifications and depth knowledge of BBBEE codes
Own transport and license is a must
Microsoft (Outlook, word, excel and PowerPoint)
Qualifying candidates must send an updated CV, qualifications and a recent photograph to:
[email protected]

09/05/2019

We're looking for a BBBEE Consultant to be based in Jhb. Salary between R8000-R12000 depending on experience. Must have atleast 2 years of experience in consulting, driver's license and a car. Qualifying candidates must send an updated CV, qualifications and a recent photograph to [email protected]

13/12/2018

Vat and B-BBEE Procurement
As of the 1st of April 2018 Vat has increased by 1% from 14% to 15%. Apart from the implications on the economy this has also had an effect on the B-BBEE Procurement element. Please be cautious and ensure that when you submit supplier spend for B-BBEE purposes that you have excluded the right Vat percentage over the period. Do not normalize or average to 14% or 15% as this will result in total spend figures not agreeing back to ledgers or invoices.

26/11/2018

Did you know that on the 2nd of August 2018 the BBBEE Commission called for Government and Private Sector to increase number of women on boards and procurement spend from 30% black women owned businesses? How far along has your business come to implementing this?

23/11/2018

Sector Codes for the Defence Sector have been gazetted on the 9th of November 2018.
The Defence Sector Charter applies from the date of gazette and is applicable to all companies who operate within the South African Defence industry (SADI), public and private enterprises, including entities that supply goods and services to the state as well as state-owned enterprises, national and provincial departments.
The Revenue Thresholds are as follows:
EME’s Revenue of R5mil or less
QSE’s Revenue R5 million or more but less than R50 million
Subminimums for priority elements also apply; A Large Enterprise is required to comply with all the priority elements and a QSE is required to comply with Ownership as a compulsory element and either Skills Development or Enterprise and Supplier Development.
A Sector Charter Council will be appointed to monitor implementation of the sector code and to conduct regular reviews.
Sources:

12/11/2018

YES, Practice note

The practice note for the implementation of the Y.E.S (Youth Employment Service) Initiative has been issued in terms of the Amended Code Series 000, Statement 000 of the Amended Codes. The Department of Trade and Industry (dti) published the Youth Employment Service (YES) Initiative as Notice 502 in Gazette 41866 on 28th August 2018. The YES Initiative enables any organization, EME, QSE or Generic to enhance its B-BBEE Level by 1 or 2 levels by providing jobs for young black people under the YES Initiative.
The note Highlights:
1. Eligibility To participate in Y.E.S initiative.
2. Absorption
3. Workplace Experience
4. Registration procedures for participation.
5. BBBEE Recognition
For more information and the full report see the links below:

23/07/2018

The BBBEE Commission released a statement on the 5th of July 2018 clarifying that no EME certificates/affidavits are to be issued by Verification Agencies or Accountants. EME’s and qualifying QSE’s should only use affidavits unless they opt for a complete verification on the QSE or Generic scorecard. The BBBEE Commission stated that “Government introduced this mechanism specifically to reduce the cost of doing business and regulatory burden for these entities and the template for the sworn affidavit is available at no cost on the website www.thedti.gov.za or EME certificates at CIPC from www.cipc.co.za.” More information and a list of invalid certificates are available from the BBBEE Commission’s website.
https://bbbeecommission.co.za/wp-content/uploads/2018/07/MEDIA-RELEASE-BEE-COMMISSION-INVALID-CERTIFICATES.pdf

https://bbbeecommission.co.za/invalid-b-bbee-certificates/

The IMCIP will now initiate Phase II by developing a Consultative Framework addressing issues identified in the in-built agenda and deliberate upon the most efficient means of implementing the policy proposals discussed.

16/07/2018

BBBEE Commission makes findings against BEE Matrix SA (Pty) Ltd for non-compliance in issuing BBBEE verification certificates.

MEDIA RELEASE DATE: 13 JULY 2018   The B-BBEE Commission has found that BEE Matrix SA (Pty) Ltd issued B-BBEE certificates contrary to verification procedures and Codes of Good Practice, and BEE Matrix SA (Pty) Ltd has agreed to implement remedial recommendations made by the B-BBEE Commission, whic...

09/07/2018

When planning your next external training intervention, consider maximising expenditure and BBBEE recognition by arranging transport to and from the training venue. Pre-arranged transport or Shuttle hire will ensure that employees arrive at the training on time. Take note that non-core expenses such as travel, accommodation and catering are capped at 15% of the training cost.

18/06/2018

Here is a tip for collecting your suppliers BBBEE certificates: Formalizing a company’s vendor on boarding process to include the latest BBBEE certificates with the vendor registration documents assist with collection of the latest BBBEE certificates and also benefit interim calculations and forecasting that are performed during the financial year. This helps to ensure you can maximize points on Preferential Procurement. This process also assists in identifying candidates for Supplier Development initiatives.