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
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
On 01 April 2022, the annual B-BBEE Commission’s Conference was held. The conference included a presentation “Outcomes of the Impact Assessment Study on the Mandate
The Companies Act, No. 71 of 2008 and the Companies Regulations, 2011 brought forth a new concept of the public interest score (PI Score). Each
Are you aware that B-BBEE compliance is part of the requirements when applying for a” Liquor Licence”? Below are some extracts from the Department of
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 Socio-Economic Development Element within the scope of the B-BBEE Act, Number 53 of 2003.
