The original construction sector codes were repealed in February 2016. Construction companies and Built Environment Professionals (BEPs) were then scored under the amended General Codes of Good Practice since that date. Shortly after, a new, Amended Construction Charter was introduced.  This new Amended Construction Charter was published with an effective date of 1 December 2017.  Under the Skills Development Element, a great amount of relief was given to companies on their targets...

The entities that form part of the Construction Sector Codes must spend a percentage of their Net Profit After Tax on Socio-economic Development initiatives in their applicable financial period. Regarding a QSE Company (revenue between R10 – R50 million for contractors and R6 – R25 million for BEP’s), the target is 1% of Net Profit After Tax. A further requirement is that 50% of the calculated target must be spent on Communities with Limited Services. A Generic Company (revenue above R50...

The ICT (Information Communication and Technology) Sector is one of the fast-growing sectors in the B-BBEE landscape.  Entities that fall within the ICT scope of application are pressured to participate in the B-BBEE Process. In terms of the Sector Code, an ICT entity will be an entity that operates within the following definition: The Information and Communications Technologies (ICT) Sector” shall without, in any way, limiting the ordinary meaning of the terms, mean the sector in which...

An enterprise is rated on a scorecard depending on the industry in which it operates. A measured entity that falls within a particular sector code must be measured or verified based on the sector code and no longer on the basis of the BEE Codes of Good Practice. Below are the different sector codes as of August 2022, and more may be added to the list as time progresses: AgriBEE Sector CodesThe codes aim to facilitate black economic empowerment in the agricultural sector by implementing...