by Lia Marus | Oct 5, 2017 | B-BBEE, Latest News
Section 22 of the Constitution of the Republic of South Africa states that every citizen of the Republic has the right to choose their trade, occupation or profession free from encumbrances. In other words, there should not be anything preventing them from taking...
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...
by Global Business Editor | Aug 3, 2017 | B-BBEE, Latest News, Newsletters
by Richard Ryding The dti issued Gazette 40997 on 21 July 2017. It dealt with 2 issues: Appointing the dti B-BBEE unit as the B-BBEE Verification Professional Regulator. This means that the B-BBEE unit will have to work together with SANAS to regulate Verification...
