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A Step-by-Step Guide to the Codes of good bee practice
Victor Kgomoeswana

 

A Step-by-Step Guide to the Codes

 

The Codes of Good BEE Practice were approved by Cabinet in December 2006 and launched at the Sandton Convention Centre in Johannesburg on December 14th 2006 and Gazetted on 09 February 2007. Over the next couple of months, www.moneybiz.co.za will be taking you on the journey to a better understanding of the essence and implications of the Codes, starting with the abridged scorecard. The scorecard differed somewhat from the previous versions launched for public comment in December 2005 and December 2004.

Click here for the Generic Score Card

Legend:

  • Weighting is the number of points out of 100 allocated to the respective BEE element or pillar
  • Target implies the extent to which a company has contributed to the advancement of the respective BEE indicator, element or pillar, which will determine how many points it may claim out of the allocated total to the element
  • Applicable Code means a section of the Codes of Good BEE Practice dealing with a specific element or pillar of the BEE scorecard with regard to enterprises that are neither qualifying small enterprises (QSE) nor exempted micro-enterprises

Moneybiz launches The A-to-Z Dictionary of BEE... click here to view

To order the dictionary, please email [email protected]

 
 

 

 

 
 
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