New additional element to choose from to become a compliant Empowering Supplier

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The revised codes introduced under the Enterprise and Supplier Development an element of Empowering Supplier within a context of B-BBEE.

Originally there were four (4) elements to choose from and now recently in the gazette 38765, the Dti introduced a fifth element to choose from to become compliant as an Empowering Supplier. (see the clause A on the attached gazette). 44 EAP Amendments 38765_6-5_DTI 

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Auditors of Estate Agents’ Trust Accounts

IRBA

The Independent Regulatory Board for Auditors (the IRBA) draws the content of this communique to the attention of the auditors of estate agents’ trust accounts.

Online submission of estate agents’ auditor’s reports to Estate Agency Affairs Board (EAAB)

The Estate Agency Affairs Act, No. 112 of 1976 (the Act), section 32(4) requires auditors of estate agents to submit their auditor’s report on the estate agent’s trust account(s) within the prescribed time-frame of four months after the financial year end of the estate agent and transmit the auditor’s report to the EAAB in the form determined by the EAAB from time to time.

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