This is not me own werc. I can't be sure whether I pinched this from Arno Jansen van Vuuren or Chris van Wyk or a combination of the two. This brief story doesn't contain the levels of analysis that you might get from Chris or Arno. It's not a complete timeline – for instance the Liquid Fuels', Mining Charter and the first version of the PPPFA regulations predate the BEE Act. For the purposes of this post the world starts in 2003.
Please excuse this immodest plug but large sections of this timeline are taken from posts that I had written on this blog at the time.
|
Year |
What happened |
|
2003 |
BEE Act is passed. Soon afterwards the first Financial Sector Charter was published. The DTI also started publishing pieces of proposed codes – the first one was ownership. BEE scorecards were being issued by the likes of EmpowerDex based on something |
|
November 2005 |
DTI publishes the first draft of the BEE codes. This was the first time we had ever seen a complete generic code |
|
February 2007 |
DTI gazettes the generic codes of good practice. They weren't amazingly written but the flow worked. No verification agencies are accredited and wouldn't be for the next two years. This was the wild west period of the BEE world. With no verification agencies being accredited you had cowboys like myself issuing BEE certificates, and there were no standards. |
|
Feb 2009 |
First 9 BEE verification agencies are appointed. I wrote something about this at the time. |
|
May 2009 |
Tourism Charter is the first to be gazetted under section 9 of the BEE Act |
|
January 2011 |
IRBA brought in as an accreditation authority |
|
April 2011 |
Rob starts talking about revising the BEE codes |
|
June 2011 |
Treasury publishes the revised PPPFA regulations which come into effect December 2011 |
|
November 2011 |
BEE Act is amended |
|
October 2012 |
DTI publishes revised draft BEE codes, apparently BEE hasn't worked at all and these codes will speed up the process. |
|
October 2012 |
FSC is gazetted. It is now very similar to the 2007 codes but Rob has published the revised codes for comment. This would mean that it would have a very short lifespan. |
|
October 2013 |
Revised codes are gazetted. There is little difference between the draft codes and final codes. These will ultimately come into effect in May 2015. |
This is a short timeline – a mere ten years. A lot can be done in 10 years, but not so with this dithering government. The significant periods are highlighted in the table above. The first acceptable codes were thrust upon us in 2007 but it took until 2009 before any acceptable objective measurement system came into force. And Rob starts talking about revising the BEE codes 2 years after verification agencies have been accredited. He had in fact given BEE two years to show earth shattering success. He's behaving like an obese person who gives a diet two weeks to show dramatic results. Even a four year period is short. In the case of the FSC he didn't give it a chance at all.
I hope you're seeing the ridiculousness of Davies' behaviour. He's out of his depth and his head is in the clouds.
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