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WHAT CONSTITUTES A BBBEE TRANSACTION?

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The Department of Trade and Industry recently published, for public comment, a notice containing draft thresholds for major BBBEE transactions.

B-BBEE CODES IMPROVE YOUR BUSINESS!

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"Companies concerned about how the revised codes of Good Practice will affect their scorecard rating and their business, need not be concerned, as it...

SHAKY FOUNDATIONS PLAGUE CONSTRUCTION INDUSTRY

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South Africa’s construction industry faced a challenging year in 2016 with ongoing pressure on margins, lower revenue and lower order books. Andries Rossouw, PwC Assurance...

B-BBEE reporting compulsory

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The Broad-Based Black Economic Empowerment (BBBEE) Act has made it compulsory for all listed companies and public entities to formally report on their empowerment status to a newly created BEE commission.

FAMILY BUSINESS SECTOR REPORTS GROWTH

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Despite the current economic uncertainty and the accelerating pace of change, South Africa’s family business sector has high ambitions for quick and aggressive growth...

BULK BELOW BEE BAR!

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Only a small percentage of South African businesses have reached their potential level of Broad-Based Black Economic Empowerment (BEE) compliancy, making the rest increasingly...

POSTPONEMENT OF B-BBEE REQUIREMENT

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The DTI’s announcement on Friday last week to temporarily extend the automatic recognition period for the controversial "Empowering Supplier” status requirement is a welcome...

WHY SOUTH AFRICA NEEDS BEE MYTH-BUSTING

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How well do South Africans understand the transformation agenda beyond BEE codes? Awareness can mean the difference between an informed choice, or the risky consequences...

BBBEE CHARTER COUNCIL TRAP!

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Dr Ivor Blumenthal | CEO | ArkKonsult | ivorblumenthal@gmail.com | It is doubtful whether organised business, who began participating in activities at the National Economic Development and...

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