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Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Amended Code Series 000: Practice Note 1 of 2018 - Youth Employment Service Initiative

Notice No. 640 of 2018


Notice No. 640

12 October 2018

GG 41975


Department of Trade and Industry


I, Dr Rob Davies, Minister of Trade and Industry, in accordance with Section 14 (2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 as amended by Act 46 of 2013 (The Act) hereby:


1. Issue this Practice Note for the implementation the Youth Employment Service (Y.E.S) Initiative under Amended Code Series 000, Statement 000 of the Amended Broad-Based Black Economic Empowerment Codes of Good Practice, Gazetted on 28 August 2018, Gazette Number 41866.


2. Determine that the Practice Note is applicable to all Y.E.S Entities that participate within the Y.E.S Initiative.


3. Determine that the Practice Note is Applicable to Entities falling under a Specific Sector Code of Good Practice issued under Section 9 (1) of The Act.


4. For further information and clarity, kindly contact Mr. Liso Steto on or on 012 394 1869.







DATE: 02/10/2018