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  • Skills Development Act amendment 15 Dec2017
    by TUCT on January 18, 2018 at 12:02 pm

    The minister of Higher Education published a proposal to change the Skills Development Act, comments due before the 31st of January 2018. Some highlights of these amendments propose to: The good: 1.   Remove SETA regional offices and create one central sharing system/office to be more effective. 2.   Sharing of resources, such as IT and HR. 3.   SETAs to … Continue reading "Skills Development Act amendment 15 Dec2017" […]

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QCTO Assessment Quality Partner (AQP) principles and values

The following principles and values have been taken into consideration during the development of these criteria and guidelines for becoming an AQP:The following principles and values have been taken into consideration during the development of these criteria and guidelines for becoming an AQP: External Assessment systems and processes must: be fair, reliable, valid, ethical and transparent; be consistent across time, place, role players and respond to a non-sectoral demand-led model; use methodologies that are fit-for-purpose and reflect a consistent level of higher  cognitive challenge;  avoid tendencies of exclusivity; adhere to the QCTO values which show: i. innovation and excellence ii. em[...]

Exempted Micro Enterprice or EME

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Entities with a turnover of below R5 million annual per annum as classified as Exempted Micro Enterprises (“EMEs”), and are exempt from the provisions of BEE. Accordingly they will not need to adjust their businesses in any manner and are already fully BEE compliant as follows:

EMEs are automatically deemed to be:
Level 3 contributors if they are more than 50% owned by black persons.
Level 4 contributors if they are less than 50% owned by black persons.

EMEs may however elect to use a QSE/Generic scorecard should they wish, and are required to do if they are tendering for a public contract above R5M/R35M in value.

An EME certificate from a verification agency, your auditor or accounting officer is sufficient proof of an entities qualification as an EME.

Note: The following entity types have adjusted EME thresholds:

• Entities measured under the Tourism Sector Charter with a turnover of below R2.5 million per annum
• Estate Agents/Brokers measured under the Property Sector Charter with a turnover of below R2.5 million per annum.
• Built Environment Professional under the Construction Sector Charter with a turnover of below R1.5 million per annum.

Start-up enterprises are measurable as EME’s for the first 12 months following their formation or incorporation, regardless of the expected total revenue of the start-up
• In instances where such start-up enterprises tender for any contract with a value higher than R5 million but less than R35 million, they have to comply with the QSE scorecard.
• In instances where such start-up entities tender for contracts with a value above R35 million they have to comply with the generic scorecard