DEPUTY MINISTER MASINA TO LAUNCH THE ISSUING OF B-BBEE CERTIFICATES AT
THE CIPC SELF SERVICE TERMINALS
The Deputy Minister of Trade and Industry, Mr Mzwandile Masina will
officially launch the system for issuing of the Broad-Based Black Economic
Empowerment (B-BBEE) certification for Exempted Micro Enterprises at the Self
Service Terminals of the Companies and Intellectual Property Commission (CIPC).
This will enable CIPC customers who are registering private companies through
the terminals to also register for B-BBEE certificate at the end of the company
registration transaction.
The launch will take place at the dti Campus in
Sunnyside, Pretoria on Tuesday, 14 April 2015 from 10:00. Deputy Minister
Masina will be joined by the CIPC Commissioner, Astrid Ludin. Media is invited
to attend the event.
“the dti is the custodian of the Broad-Based Black Economic
Empowerment policy, which is about empowerment and growing the economy. As part
of ensuring that transformation is credible, the dti is
embarking on a process to reclaim the verification space which has been
dominated by unscrupulous third party agents who sell fraudulent certificates,
thus defeating the objectives of government’s transformation agenda and further
distorting the impact of transformation,” says Deputy Minister Masina.
He adds that the purpose of the Self Service Terminals system for
issuing B-BBEE certificates for Exempted Micro Enterprises is to achieve the
following:
•To reduce the cost
of doing business, that is reduce the “red tape”
•To eliminate
unscrupulous intermediaries in the issuance of B-BBEE Certifications
•To mitigate
possible misrepresentation of B-BBEE Credentials
The self-service terminals are part of continuous efforts by government
to give effect to the notion of ease of doing business and a steady move
towards a one stop shop that enables integrated services and to create
platforms for small businesses to contribute to economic growth by making it easier
for them to register and acquire certificates and therefore comply with
legislation.
A walk-about and demonstration will also take place at the self service
centre in Sunnypark Shopping Centre, Sunnyside.
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