Minister Rob Davies has published draft amendments to the existing B-BBEE Codes. Both progressive business and the non-profit sector are seriously questioning several aspects of these -- to the extent that the DTI was last week moved to issue a press statement denying that the intention of the draft Codes is to disadvantage 'charitable organisations'. Paradoxically it is the changes to the Socio-Economic Development (SED) pillar -- which currently carries the least points on the scorecard - which is drawing the most public criticism. In spite of the DTI's recent demurral, the intended changes have the potential to both impoverish non-profits and damage South Africa's burgeoning corporate social responsibility culture. At both practical and symbolic levels this is cause for grave concern.
Charities Aid Foundation Southern Africa
Copyright 2012 Charities Aid Foundation Southern Africa.
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