by Global Business Editor | Jun 14, 2019 | B-BBEE, Latest News
The Amended B-BBEE Codes of Good Practice were Gazetted on 31 May 2019 and they will materially impact organisations’ BBBEE strategic and planning processes. This becomes more pressing in that from 1 December 2019 latest, the amended provisions will be used by...
by Global Business Editor | Apr 4, 2019 | B-BBEE, Latest News, Newsletters
I would like to briefly address a couple of matters in this post: Ownership and Fronting Successes of the YES programme Ownership and Fronting Black ownership in companies remains an area of concern for the dti. This is evidenced by the headlines in the Business...
by Global Business Editor | Aug 31, 2017 | B-BBEE, Latest News, Newsletters
by Richard Ryding There has been a huge amount of pressure on organisations to not only become BEE compliant, but to have a certain rating on their B-BBEE certificate. Many companies are also putting pressure on their suppliers to improve levels of black ownership....
by Global Business Editor | Aug 24, 2017 | Latest News
Last week, we introduced the concept of B-BBEE. In addition, we looked at the foundations or pillars of B-BBEE. Fundamental to this are two terms: Emerging Micro Enterprise (EME) and Qualifying Small Enterprise (QSE). The Definition of an Exempted Micro Enterprise An...
by Global Business Editor | Aug 15, 2017 | Latest News, Newsletters
Broad-Based Black Economic Empowerment (B-BBEE) first became known in 2003 when the B-BBEE Strategy was published. This set the context for B-BBEE Act, No. 53 of 2003. This Act concretised the prerogative of advancing economic transformation and ensuring that Black...
