The purpose of the Regulation, Gazette Number 50746, Regulation 2538 dated 03 June 2024, is to exempt a category of agreements or practices among SMMEs
The Amended Forest Sector Code was published in Gazette 40803 on 21 April 2017. This is the second in a series of articles listing the
The Amended Forest Sector Code was published in Gazette 40803 on 21 April 2017. This is the first in a series of articles listing the
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,
