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Black Economic Empowerment (B-BBEE) is a South African government policy aimed at promoting economic transformation and addressing the imbalances of the apartheid era. Here are some ways in which participating in B-BBEE can benefit your company: In conclusion, participating in B-BBEE can provide numerous benefits to companies, including improved access to government contracts, increased brand … Read more

A Consolidated B-BBEE (Broad-Based Black Economic Empowerment) Certificate for a Joint Venture (JV) is a document that certifies the B-BBEE compliance of a joint venture between two or more companies. The certificate is issued by a recognized B-BBEE verification agency and it provides information about the B-BBEE compliance of the JV as a whole, rather … Read more

Working with a B-BBEE (Broad-Based Black Economic Empowerment) verification agency can provide several benefits for your business. Overall, working with a B-BBEE verification agency can help your business comply with regulations, increase its competitiveness, promote transformation, and access expert advice and consultancy.

Whether businesses are start-up operations or listed entities, they need to meet specific Broad Based Black Economic Empowerment (BBBEE) criteria to conduct business in South Africa, especially with government bodies and public-sector organisations. The regulatory environment for conducting business in South Africa has changed significantly. First, companies need to understand how the amended codes affect … Read more

The government remains wholly committed to transformation and empowerment as envisioned in the Constitution, says Finance Minister Enoch Godongwana. The Minister made the commitment during a press briefing on Tuesday on the new Preferential Procurement Regulations (2022 Regulations) under the Preferential Procurement Policy Framework Act, 2000 (PPPFA), which he gazetted on Friday. He said the … Read more

Understand the value of continuously and successfully achieving the B-BBEE skills element of your scorecard requirements. Realising the value of a skilled workforce and adopting it as a concrete change management strategy to craft a future talent pool of skilled labour, results in uninterrupted, transparent, and evolving skills transformation for employees and enhancement of innovation, … Read more