What is a Joint Venture? Structures in business are not always simple. Implementing B-BBEE has revealed various complex structures, including joint ventures. A joint venture
Source: Government Gazette Number 44591 The purpose of the article is to provide clarity on how ownership by entities such as Broad-Based Schemes, Employee Share
Owner-driver schemes concern the creation of independent, small businesses by outsourcing the distribution function of larger enterprises. These businesses are typically run by former (and/or
Historically, the Leniency Programme was a compliance mechanism that encouraged reporting of all major B-BBEE transactions prior to the promulgation of the amended B-BBEE Act,
What does the Socio-Economic Development Element entail? According to paragraph 7 of Statement 000 of the Codes of Good Practice (the Codes), one of the
What does a Private Equity Fund for B-BBEE purposes entail? The ownership element of the Codes of Good Practice (the Codes) seeks to achieve a
The BEE Commission published a summary document combining the key topics surrounding Broad-Based Black Economic Empowerment (B-BBEE) and its implementation for Complex Structures and Transactions,
2024 update Back in August 2020, an article was published on beeratings.com discussing BEE Fronting, current practices, and legal outcomes from court cases. This article
DRAFT AMENDED STATEMENT ASC004: THE AVIATION SECTOR SPECIALISED ENTERPRISE SCORECARD This is part eight of a series of articles summarising the draft Aviation sub-sector code.
In September 2024, the Minister of Trade, Industry, and Competition (the dtic) approved the Legal Sector Code in terms of section 9(1) of the B-BBEE
