ARTICLES

July 20, 2016

The Amended B-BBEE Codes which are now in effect are very clear when it comes to the application of the sector codes. The Codes state that:

“A Measured Entity in a sector in respect of which a sector code has been issued in terms of Section 9 of the BBBEE Act as amended, may only be measured for compliance in accordance with that code.”

The question about what would need to happen in terms of companies operating in sectors arose as most of the Sector Codes were either not amended or gazetted by the time the Amended Codes of Good Practice came into effect

What now for Sector companies?

On the 17 Febru...

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