We are all aware that the most common approach to BEE Ownership is share ownership by Black investors however the option of ‘Sale of Assets’ for Ownership recognition should not Read more
B-BBEE
The BEE Commission and investigations they may undertake in normal business practice
Have you ever wondered where the basic requirements of the BEE Commission’s daily investigative workings are derived? It all stems from Government Gazette Number 37271 dated January 2014 which is Read more
Frequently asked questions related to COVID-19 and B-BBEE
During these tumultuous COVID-19 times what happens to B-BBEE in South Africa? Below are some Frequently Asked Questions (FAQs) and their answers. Will there be any exemptions in place for Read more
Equity equivalent programmes for multinationals in B-BBEE explained
The Codes of Good Practice require that all entities operating in the South African economy make a contribution towards the objectives of Broad-Based Black Economic Empowerment (B-BBEE). It is understood Read more
Extension of Skills Development grants to 31 May 2020 and beyond
Government Gazette 43278 dated 5 May 2020 was published by the Minister of Higher Education, Science and Innovation confirming the extension of the submission date for Skills Development grants. Skills Read more
B-BBEE Verification during the lockdown status – May 2020
As the verification process is a very hands-on and evidence-based process it comes as no surprise that the standard process for handling B-BBEE verification during the lockdown process would become Read more
South Africa to introduce new BEE changes to improve transformation of the employment sector
In previous articles the inter-related aspects of various laws and regulations were discussed albeit from a training perspective. The inter-relatedness of BEE and EE has come to the fore once Read more
B-BBEE: Ownership vs BEE status level
This article discuss the scenario of what could be more important: ownership versus verified BEE level. To understand this scenario the reader must take note of the criteria used for Read more
Supplier Development and Enterprise Development in the Agri-BEE Scorecard
The article below summarizes the measurement aspect of the SD and ED element for the Agricultural Sector. The measurement for these sub-elements is based on how an organisation supports Start-up Read more
Preferential Procurement and the policy framework
Thousands of businesses wish to do business with the government of South Africa however it is not as easy as one would think. A host of criteria and regulations exist Read more