Scorpions, Pride in crucial clash

first_imgTitle-chasers Jamaica Scorpions and Barbados Pride will square-off in a crucial encounter in the penultimate set of matches of the group phase of the WICB/NAGICO Insurance Super50 Tournament in Trinidad and Tobago today.Second and third, respectively, in Group A with 10 and nine points each, the two will enter the contest knowing that a win for eight team would all but secure them a place in the semi-finals.Group leaders Trinidad and Tobago Red Force, who oppose cellar dwellers ICC America, are presently on 17 points and have already qualified for the semi-finals.”It’s a (virtual) must-win for both of us, so I guess they (Barbados) will be playing it like a final and we will be doing the same,” Jamaica’s captain, John Campbell, said yesterday.The return-led round-robin fixture will see both teams entering the contest with a win two, lose two record, with Jamaica ahead based on having two bonus points compared to Barbados’ one.The Scorpions, however, can claim bragging rights, having defeated Barbados by two wickets when the two met earlier this week.Led by a man-of-the-match bowling performance of three for 18 from left-arm pacer Sheldon Cottrell, Jamaica bowled out the Pride for a mere 138 before replying with 139 for eight.The in-form Andre McCarthy, who also has a tournament century, and Antiguan Devon Thomas led the batting for the Scorpions with 49 and 33, respectively.However, with the end of the Australian Test series both teams have been strengthened with the return of West Indies players to their line-ups.Barbados has been injected with seven players – Jason Holder, Kraigg Brathwaite, Shai Hope, Carlos Brathwaite, Shane Dowich, Miguel Cummins, and Jomel Warrican, while Jamaica will benefit from the return of Jerome Taylor and Jermaine Blackwood.”They have got back all their players from Australia, and have a better squad, and are also coming off a win, so they should be confident,” remarked Campbell.”But we are not too concerned,” he said. “We have seen signs of improvement throughout the tournament, and, it is just for us to put it together.”Jamaica will play the Americas and Barbados will tackle Trinidad in the final set of group matches scheduled for Sunday.The semi-finals will be played next Wednesday and Thursday, with the final carded for next Saturday, all at Queen’s Park Oval.last_img read more

Black Economic Empowerment Codes of Good Practice

first_imgThe Broad-Based Black Economic Empowerment Codes of Good Practice aim to level the playing field for all operating in the South African economy by providing clear and comprehensive criteria for the measurement of broad-based BEE.The BEE Codes of Good Practice aim to ensure that black economic empowerment benefits not only the black elite but also women, workers, the youth, people with disabilities and the rural poor. (Image: Brand South Africa)The codes  provide a standard framework for the measurement of broad-based BEE across all sectors of the economy. This means that no industry will be disadvantaged over another when presenting their BEE credentials.Visit the Department of Trade and Industry page on the Codes of Good Practice to download relevant legislation and other documents.Download a summary of the codesDownload the BEE Strategy document of 2003New Codes of Good Practice became effective in 2015. This is a timeline of the codes:Broad-Based Black Economic Act of 2003BBBEE Codes of Good Practice 2007Revised Codes gazetted 2013Revised Codes effective 2015Statement 003 of the BEE Act provides guidelines for the alignment of transformation charters to be gazetted as Codes of Good Practice. This will ensure that even when different gazetted charters are applied to different entities presenting their BEE credentials, neither of the entities will be unfairly disadvantaged over the other because of the application of a more stringent industry charter.The intention of the Codes of Good Practice is therefore to level the playing field for all entities operating within the South African economy by providing clear and comprehensive criteria for the measurement of broad-based BEE.The table below is a guide to the organisation and content of the codes:Overview of the codesThe Black Economic Empowerment Codes of Good Practice ensure that the days of high-profile black businesspeople representing faceless members of “broad-based” groups in empowerment deals are over.They aim to ensure that empowerment benefits not only the black elite but also women, workers, the youth, people with disabilities and the rural poor. They also strongly discourage fronting – schemes that claim to be broad-based but which are found to be wanting when their composition is unpacked.Aim of the codesThe codes are issued in terms of Section 9 the Broad Based Black Economic Empowerment Act of 2003. They function to promote the objectives of the Act, which are to:Transform South Africa’s economy to allow meaningful participation by black people.Substantially change the racial profile of companies’ owners, managers and skilled professionals.Increase the ownership and management of companies by black women, communities, workers, cooperatives and others, and help them access more economic opportunities.Promote investment that leads to broad-based and meaningful participation in the economy by black people.Help rural and local communities access economic opportunities.Promote access to finance for black economic empowerment.In terms of the Act, “black people” means African, coloured or Indian South African citizens, and those entitled to become citizens.The Codes of Good Practice are binding on all organs of state and public entities. In terms of the BEE Act, the government must apply the codes when entering into decisions on:procurementlicensing and concessionspublic-private partnershipsthe sale of state-owned assets or businessesPrivate companies must apply the codes if they want to do business with any government enterprise or organ of state – that is, in order to tender for business, apply for licences or concessions, enter into public-private partnerships, or buy state-owned assets.Companies are also encouraged to apply the codes in their interactions with one another, as preferential procurement effectively impinges on most private sector enterprises throughout the chain of supply, from first-tier suppliers to government downwards.Content of the codesThe 10 codes deal with the different elements of BEE, how they are to be weighted, and how BEE compliance is to be regulated. They are as follows:Code 000 – A framework for the measurement of BEE. This includes the generic BEE scorecard, which gives a general weighting to companies’ BEE status in terms of management, ownership, skills development and so on; guidelines for the development and gazetting of industry charters; and the approval, accreditation and regulation of BEE verification agencies.Code 100 – Measuring the ownership element of the BEE scorecard, including the general BEE ownership scorecard.Code 200 – Measuring the management and control element of the scorecard.Code 300 – Measuring employment equity.Code 400 – Measuring skills development.Code 500 – Measuring preferential procurement.Code 600 – Measuring enterprise development.Code 700 – Measuring the residual element.Code 800 – Industry sector charters.Code 1000 – Measuring BEE in small enterprises. Brand South Africa reporterReviewed: August 2017Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more