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Filter: BEE
When should you register your B-BBEE transaction with the B-BBEE Commission?

20 October 2022

Should your business consider an ownership transaction which may affect your ownership recognition for BEE purposes, it will be important... to also consider whether this transaction will require registration with the B-BBEE Commission. In this article we briefly unpack what the requirements for registration of a major B-BBEE transaction are.

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493
Article
B-BBEE in state tenders done?

14 June 2022

With all the media attention around the Supreme Court of Appeal’s ‘scrapping’ of the regulations around preferential procurement at the... end of 2020, and recent media statements by the Democratic Alliance that they wish to have B-BBEE removed as criteria from government tendering, one can be excused for being uncertain what role B-BBEE will continue to play in state tendering.

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548
Article
How to maximise your training for BEE recognition

19 May 2022

The various types of skills training available in South Africa and the corresponding BEE recognition it provides, has become very... technical, resulting in many businesses finding it difficult to decide on and implement the appropriate training programmes to achieve their desired training and BEE goals. Here we discuss and simplify the most prevalent types of training in South Africa and also address BEE recognition applicable to the different types of training.

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575
Article
The drive to transform under the new Property Practitioners Act

13 April 2022

With all the media focus lately on the new Property Practitioners Act and new regulations and requirements regarding Fidelity Fund... certificates, it’s easy to miss the impact this Act intends to make on much-needed transformation of the property sector. Here we highlight a few of the key measures that will impact on transformation in the property industry.

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573
Article
Can a foreigner qualify as BEE shareholding in your business?

13 April 2022

Your company is looking at to increase its BEE shareholding and you have identified a potential BEE partner. Despite being... very optimistic about the partner, you have in your due diligence discovered that your potential partner - although a black person - was not born in South Africa. This raises the question of whether this partner would qualify as a BEE partner should you continue with the BEE deal?

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426
Article
Is Preferential Procurement really important for your business?

21 March 2022

As much as B-BBEE legislation and scorecards have become a general part of the business landscape for many companies, the... procurement aspect remains a difficult one for businesses to get right and understand how important it is to their overall scorecard result. Below we unpack the Preferential Procurement Element of the B-BBEE Scorecard in more detail to illustrate how careful a business should be not to ignore this crucial element in their planning.

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458
Article
The Competition Commission is also an enforcer of BEE

08 February 2022

Companies showing substantial growth, are likely to attract the interest of investors who may want to acquire the company. Should... a company be black-owned and such ownership be dramatically affected by an acquisition, such acquisition my run the risk of being blocked by the Competition Commission. 

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572
Article
Who qualifies as a Black person under the BEE Act?

14 December 2021

I have a black woman that has been working for me for a number of years. She is an asset... to my business and I have been planning to give her shares in my company. However, she’s from Zambia and is only a permanent resident of South Africa. Will she qualify as a black shareholder for purposes of BEE legislation if I make her a shareholder?

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412
Article
Why Enterprise and Supplier Development cannot be only a tick-box exercise

12 October 2021

While the BEE scorecard is well-intentioned, it should not be treated as a simple checklist, but rather seen as an... instrument to facilitate real transformation. When it comes to building and supporting small black-owned businesses in South Africa, a much longer-term view needs to be taken. 

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Article