BEE codes ready

Cabinet has approved the codes of good practice on broad based black economic empowerment and they are expected to be gazetted early next year, says Department of Trade and Industry's deputy director general Lionel October.

Cabinet has approved the codes of good practice on broad based black economic empowerment and they are expected to be gazetted early next year, says Department of Trade and Industry's deputy director general Lionel October.

He said the final legal drafting process needed to be carried out but that small and micro enterprises - below a turnover threshold of R5million a year - would be exempted from black economic empowerment scorecards. - I-Net Bridge

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