Tag: BEE Codes

Navigating complex BEE requirements to ensure compliancy can be a tricky process for many businesses. Since the implementation of BEE in 2003, there have been many high-profile cases of companies found to have faked their BEE credentials and many who have failed their verification audits for other reasons.

Enterprise Development is the act of investing time and capital in helping people establish, expand or improve businesses. In turn, it helps people earn a living, rise out of poverty and achieve long-term economic growth. Any business operating in South Africa today is faced with the task of addressing the B-BBEE codes, of which the largest point allocation is for Enterprise and Supplier Development.

Read our exclusive cover story entitled EMPOWERING WOMEN | WHOSE RESPONSIBILITY? by Deon Oberholzer, CEO of Gestalt Growth Strategies as well a host of other topical management articles written by professionals, consultants and academics in the February/March 2018 edition of BusinessBrief.

The final Construction Sector Code was finally gazetted on December 2017. In a review of the final document against the draft, most of it was left unchanged, but there are a few earthquakes set to shake some well-constructed BEE strategies to their foundations.