Major B-BBEE transactions – definition and documentary requirements
A major B-BBEE transaction refers to any transaction between entities/parties that result in ownership recognition, the value of which equals or exceeds R25 million. The
A major B-BBEE transaction refers to any transaction between entities/parties that result in ownership recognition, the value of which equals or exceeds R25 million. The
The use of a B-BOS (broad-based ownership schemes) in B-BBEE ownership structures is common practice and in line with the objectives of the B-BBEE Act
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’
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
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
Within Socio-Economic Development is a critical requirement that SED initiatives should result in sustainable economic participation by its intended beneficiaries and discourage dependence on hand-outs.
A Joint Venture (JV) is a business arrangement between two or more entities where they agree to pool their resources for the purpose of accomplishing
In this article, we focus on the Amended Sector Code for the Tourism Sector which was gazetted on 27 September 2019 (Gazette Number 42725). In
In this article we focus on the basic criteria of the Tourism Sector Charter within the scope of the B-BBEE Act, Number 53 of 2003.
On the 01st of December 2017, the amended Construction Sector Codes were published via Government Gazette No 41287. The gazette may be downloaded here For