Ever wondered about the Government’s need to comply with B-BBEE legislation? The article below explains the basics. The Codes of Good Practice (the Codes) in
The purpose of imposing administrative non-compliance penalties is to ensure: Admin Penalties for PAYE Administrative penalties will be imposed for PAYE where an employer has
In January 2021, an Explanatory Notice issued by the B-BBEE Commission explained that more supporting evidence for B-BBEE claims must be submitted. This was further
The Donor Donations are typically made for altruistic and philanthropic purposes (gratuitous) by non-natural persons such as companies, close corporations, and trusts. Such contributions are
This article summarises the basics of a Trust for B-BBEE purposes. A previous article found via link “https://beeratings.com/understanding-the-use-of-trusts-in-b-bbee-ownership-initiatives/” explains Trusts from another perspective too. Also
This article continues the discussion of the measurement of ownership principles as defined in Gazette No. 41287 dated 01 December 2017. Code Series FS100 is
This article continues the discussion of the measurement of ownership principles as defined in Gazette No. 41287 dated 01 December 2017. Code Series FS100 is
This is a follow-up article; please read “Equity equivalent programmes for multinationals in B-BBEE explained” dated 15 June 2020 for further info. https://beeratings.com/equity-equivalent-programmes-for-multinationals-in-b-bbee-explained/ It is
Enterprise Development (ED) and Supplier Development (SD) is one of the three priority elements of the Broad-Based Black Economic Empowerment (B-BBEE) Scorecard. The aim is
This article discusses the basics of EMEs, QSEs and Start-up Enterprises from a generic sector type aspect. What is an Exempted Micro-Enterprise? It is an
