Exempted Micro Enterprises
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Exempted Micro Enterprises
In South African law, Exempted Micro Enterprises (EMEs) are businesses that are exempt from measurement in terms of the DTI DTI may refer to: Science and technology * Deep trench isolation; See Shallow trench isolation * Dial test indicator * Direct trader input, in the history of electronic data interchange * Diffusion tensor imaging, a structural medical imaging tech ...'s codes of Good Practice for Black Economic Empowerment (BEE). They automatically qualify as 100% contributors towards BEE, this offers small South African businesses the opportunity to grow as a result of BEE irrespective of the make-up of the shareholding. In terms of Paragraph 4 of the DTI's "Codes of Good Practice for BEE". Turnover required for exemption In terms of the Broad-Based Black Economic Empowerment Codes, businesses with a turnover of less than R5 Million qualify as EMEs, but in 2009, two sector charters were released that reduced the turnover required for exemption as follows: * The Touri ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Department Of Trade And Industry (South Africa)
The Department of Trade, Industry and Competition (also known as the dtic; before June 2019 the Department of Trade and Industry or the dti) is the department of the South African government with responsibility for commercial policy and industrial policy. The dti and its subsidiary agencies are involved in promoting economic development, Black Economic Empowerment, implementing commercial law (including companies law and intellectual property law), promoting and regulating international trade, and consumer protection. The political head of the department is the Minister of Trade and Industry, who is assisted by a Deputy Minister. , the minister is Rob Davies and the deputy minister is Mzwandile Masina. The executive head of the department is the Director-General of Trade and Industry; as of 21 April 2011 this is Lionel October. In the 2010 national budget, the department received an appropriation of 6,150.1 million rand, and had 1,140 employees. Subsidiary agencies The dti ...
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Black Economic Empowerment
Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to redress the inequalities created by apartheid. The policy provides incentives – especially preferential treatment in government procurement processes – to businesses which contribute to black economic empowerment according to several measurable criteria, including through partial or majority black ownership, hiring black employees, and contracting with black-owned suppliers. The preferential procurement aspect of BEE has been viewed as paradigmatic of a sustainable procurement approach, whereby government procurement is used to advance social policy objectives. So-called "BEE deals" – transactions aiming to increase black ownership of large businesses – have been conducted on a large scale, with BEE transactions concluded between 1994 and 2005 valued at between ...
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Built Environment
The term built environment refers to human-made conditions and is often used in architecture, landscape architecture, urban planning, public health, sociology, and anthropology, among others. These curated spaces provide the setting for human activity and were created to fulfill human desires and needs. The term can refer to a plethora of components including the traditionally associated buildings, cities, public infrastructure, transportation, open space, as well as more conceptual components like farmlands, damned rivers, wildlife management, and even domesticated animals. The built environment is made up of physical features. However, when studied, the built environment often highlights the connection between physical space and social consequences. It impacts the environment and how society physically maneuvers and functions, as well as less tangible aspects of society such as socioeconomic inequity and health. Various aspects of the built environment contribute to scholarshi ...
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