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THE
BEECHAMBER
DAILY NEWS
Newsletter Editor
Dec 3, 20241 min read
COMMISSIONER OF OATHS
Some time ago, the B-BBEE Policy Unit published a FAQ document online which assisted the implementation of B-BBEE Legislation.
155 views
Newsletter Editor
Dec 3, 20241 min read
B-BBEE VERIFICATION EVIDENCE FOR ABSORPTION
Some time ago, the B-BBEE Policy Unit published a FAQ document online which assisted the implementation of B-BBEE Legislation. One of the...
179 views
Newsletter Editor
Dec 3, 20241 min read
HIGH COURT CASE JUDGEMENT
On 25 November 2024, judgement was handed down regarding a matter involving Dimension Data Facilities (Pty), Dimension Data Investments...
137 views
Newsletter Editor
Nov 25, 20241 min read
WHAT IS THE DEFINITION OF A BLACK DESIGNATED GROUP SUPPLIER?
As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice, a Black Designated Group Supplier is defined as follows: “means...
25 views
Newsletter Editor
Nov 25, 20241 min read
SKILLS INTERVENTIONS FOR PERSONS WITH DISABILITIES
Persons with disabilities are the largest marginalised group globally. Paragraph 2.1.1.3 under Statement 300 of the Amended General...
31 views
Newsletter Editor
Nov 25, 20241 min read
WHAT IS THE DEFINITION OF DISABILITY?
Section 1 of the Employment Equity Act defines People with Disabilities as “ people who have a long-term or recurring physical. or...
44 views
Newsletter Editor
Nov 19, 20241 min read
DEFINITIONS OF 51% BLACK OWNED AND 51% BLACK WOMEN OWNED
As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice , 51% Black Owned and 51% Black Women Owned is defined as follows:...
57 views
Newsletter Editor
Nov 19, 20241 min read
CONDITIONS ATTACHED TO BENEFICIARY DELIVERABLES
More often than not when organisations enter into a relationship with an Enterprise Development or Supplier Development Beneficiary, it...
37 views
Newsletter Editor
Nov 19, 20241 min read
DO LARGE ENTERPRISES QUALIFY FOR EARLY PAYMENTS?
Early payments apply to Supplier Development Beneficiaries only. Clause 3.7 in Statement 400 of the Amended General B-BBEE Codes of Good...
28 views
Newsletter Editor
Nov 13, 20241 min read
DEFINITIONS OF A B-BBEE CONTROLLED COMPANY AND B-BBEE OWNED COMPANY
As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice, a B-BBEE Controlled and B-BBEE Owned Company is defined as...
53 views
Newsletter Editor
Nov 13, 20242 min read
HOW TO VERIFY THAT A B-BBEE RATING AGENCY IS ACCREDITED TO MEASURE A SPECIFIC CODE?
The SANAS Website publishes information on all accredited B-BBEE Rating Agencies, which, apart from the contact details, includes: o ...
38 views
Newsletter Editor
Nov 13, 20241 min read
UPDATED NOTICE TO LEGAL PRACTITIONERS ON THE LSC
On 29 October 2024, the Legal Practice Council issued an Updated Notice of Frequently Asked Questions on the Legal B-BBEE Sector Codes...
41 views
Newsletter Editor
Nov 5, 20241 min read
WHAT ARE THE RULES AROUND IMPORT EXCLUSIONS UNDER TMPS?
Under Statement 400 of the Amended General B-BBEE Codes of Good Practice , there are allowable exclusions when calculating Total Measured...
43 views
Newsletter Editor
Nov 5, 20241 min read
LEGITIMATE RECOGNISABLE TRAINING EXPENSES
Under Statement 300 of the Amended General B-BBEE Codes of Good Practice , clause 6 lists various Legitimate Recognisable Training...
35 views
Newsletter Editor
Oct 29, 20241 min read
A ‘VOTING RIGHT’ VS AN ‘EXERCISABLE VOTING RIGHT’
Schedule 1 defines a ‘Voting Right’ as a Voting Right attaching to an Equity Instrument owned by or held for a participant, measured...
65 views
Newsletter Editor
Oct 29, 20241 min read
FRAUDULENT B-BBEE CREDENTIALS
The most significant risk to an organisation meeting its Preferential Procurement targets is fraudulent B-BBEE Credentials. They not only...
64 views
Newsletter Editor
Oct 29, 20241 min read
WHAT IS THE DEFINITION OF A START-UP ENTERPRISE?
As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice , a “Start-up Enterprise” means a recently formed or incorporated...
50 views
Newsletter Editor
Oct 22, 20241 min read
ENHANCED RECOGNITION FOR QSES
A QSE that is more than 51% Black Owned qualifies for Enhanced Recognition, which means that an Affidavit is the only B-BBEE Credential...
109 views
Newsletter Editor
Oct 22, 20242 min read
SILENCE VS CONFLICT
Here are three tips for avoiding the common conflict that many organisations face regarding what version of a B-BBEE Code of Good...
105 views
Newsletter Editor
Aug 21, 20241 min read
SOCIO-ECONOMIC PROJECT CONTRIBUTIONS
The core aim of Socio-Economic Project Contributions is to support income generation. Therefore, any contributions must pass the income...
98 views
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