Amended BBBEE Codes of Good Practices

Dr. Rob Davies, Minister of DTI published the Amended Codes of Good Practice on 31 May 2019 for implementation within 6 months from date of Gazette. This means that all BBBEE Verifications conducted 01 December 2019 on wards will have these changes applied irrespective of financial period being measured. There are 4 sections of the…

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Social assistance of R2,9 billion proposed as Draft Budget opens for public comment

The City’s public participation process on the 2019/2020 Draft Budget has started. A social assistance package for the most vulnerable residents in Cape Town, as well as senior citizens of approximately R2,9 billion, is proposed. Other proposals include a 22% reduction in property rates and increasing the no-rates-payable thresholds. Read more below:   The public…