top of page
THE
BEECHAMBER

DAILY NEWS


UNLOCKING ECONOMIC POTENTIAL: THE ROLE OF ENTERPRISE AND SUPPLIER DEVELOPMENT IN GROWING SOUTH AFRICA'S SMALL BUSINESSES
In the evolving landscape of South Africa’s economic transformation, the twin pillars of Enterprise Development (ED) and Supplier...
Newsletter Editor
4 days ago2 min read
19 views


CLAIMING EARLY PAYMENTS
Changes to B-BBEE Legislation in 2013 closed a loophole that allowed early payment terms for Black Owned businesses in exchange for...
Newsletter Editor
4 days ago1 min read
23 views


WHY DO B-BBEE SECTOR CODE OF GOOD PRACTICE TARGETS MATTER?
Daily, during the procurement process, organisations are purchasing across sectors, whether they are paying for hotel accommodation,...
Newsletter Editor
4 days ago1 min read
15 views


THE SIGNIFICANCE OF EMPLOYMENT EQUITY IN THE SOUTH AFRICAN WORKPLACE
Employment Equity holds immense significance in the South African workplace as it plays a crucial role in promoting fairness, equality,...
Newsletter Editor
May 72 min read
29 views


DEPARTMENT OF EMPLOYMENT & LABOUR EMPLOYMENT EQUITY (EE) WORKSHOPS
The 2025 EE workshops will be held under the theme: “Bridging the Equity Gap Through Diversity & Inclusion". These will be held during...
Newsletter Editor
May 71 min read
78 views


LEARNERSHIPS, INTERNSHIPS AND APPRENTICESHIPS UNDER SKILLS DEVELOPMENT
Learnerships, internships, and apprenticeships are all forms of Skills Development Initiatives that can contribute to a company's B-BBEE...
Newsletter Editor
Apr 303 min read
43 views


CLAIMING SKILLS DEVELOPMENT EXPENDITURE
Based on Statement 300 of the General Amended B-BBEE Codes of Good Practice , an organisation can only claim Skills Development...
Newsletter Editor
Apr 301 min read
22 views


LEGAL SECTOR CHARTER COUNCIL HAS BEEN ESTABLISHED
On 22 April 2025, the Legal Sector Charter Council (LSCC) was established. Part of the Notice included the following: “The LSCC will...
Newsletter Editor
Apr 301 min read
58 views


FRONTING PRACTICES | THE IMPACT ON COMPLIANCE AND ECONOMIC TRANSFORMATION
In the realm of economic empowerment, Broad-Based Black Economic Empowerment (B-BBEE) stands as a cornerstone initiative aimed at...
Newsletter Editor
Apr 243 min read
18 views


FREEDOM DAY
On Sunday, 27 April 2024, we commemorate Freedom Day. Freedom Day is the commemoration of the first democratic elections held in South...
Newsletter Editor
Apr 241 min read
13 views


THE INTERSECTION OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AND SOCIAL JUSTICE IN SOUTH AFRICA
In South Africa, the concept of Broad-Based Black Economic Empowerment (B-BBEE) is intrinsically linked with the broader ideals of...
Newsletter Editor
Apr 92 min read
21 views


CONFIRMING JOB CREATION
Clause 2.4.2 of Statement 400 of the Amended General B-BBEE Codes of Good Practice allocates Bonus Points for creating one or more jobs...
Newsletter Editor
Apr 91 min read
19 views


FRAUDULENT B-BBEE CREDENTIALS
The most significant risk to an organisation meeting its Preferential Procurement targets is fraudulent B-BBEE Statuses. They not only go...
Newsletter Editor
Apr 91 min read
26 views


A COMPREHENSIVE GUIDE TO PROACTIVE B-BBEE VERIFICATION PREPARATION AND PLANNING AHEAD
In the ever-changing landscape of business, Broad-Based Black Economic Empowerment (B-BBEE) Verification plays a crucial role in...
Newsletter Editor
Apr 32 min read
64 views


QUARTERLY INDUSTRY NORM STATISTICS PUBLISHED
Statistics South Africa is the source used to determine the Net Profit After Tax (NPAT) for calculating the targets for Enterprise...
Newsletter Editor
Apr 31 min read
67 views


VALIDITY OF B-BBEE STATUSES
At the time of a B-BBEE Verification, many organisations fail to produce updated B-BBEE Statuses from their suppliers especially those...
Newsletter Editor
Apr 31 min read
60 views


A SAMPLE OF EVIDENCE
A B-BBEE Verification is based on a sampling of evidence and an element of risk. In other words, the process of analysing less than 100%...
Newsletter Editor
Apr 31 min read
64 views


Broad-Based Black Economic Empowerment and Employment Equity: A Synergistic Approach for Economic Transformation in South Africa
In South Africa, the pursuit of economic transformation and social justice has been a paramount goal since the dawn of democracy....
Newsletter Editor
Mar 252 min read
117 views


Proposed Sectoral Targets
Over the last few weeks, consultation sessions were held between Industry Stakeholders and the Department of Employment & Labour on the...
Newsletter Editor
Mar 251 min read
124 views


THE BENEFITS OF ENTERPRISE AND SUPPLIER DEVELOPMENT IN SOUTH AFRICA
Broad-Based Black Economic Empowerment (B-BBEE) is a transformative policy aimed at increasing the participation of Black South Africans...
Newsletter Editor
Mar 122 min read
79 views
bottom of page