March 29, 2018

On the 29th March 2018, the DTI issued two new draft codes for comment by the Public for the next 60 days. Traditionally, after comment, these drafts on the Codes are gazetted in a substantially similar form as they are released. The first is the Amendment to Code 000 specifically relating to Ownership and ownership recognition, and the second is the Amendment to Code 300 specifically in relation to Skills Development under B-BBEE.

If these Amendments are gazetted in their current form or a form substantially similar they will affect how Companies spend their Skills Development money under B-BBEE,...

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