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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...
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Jun 26, 20241 min read


CONSIDERATIONS FOR THE SKILLS DEVELOPMENT SCORECARD
There are two facets to take into account on the Skills Development Scorecard, namely: 1. Skills Development Expenditure; and...
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Jun 18, 20241 min read


EITHER, OR, BUT NOT BOTH
Over time, one Beneficiary can be an Enterprise Development and Supplier Development Beneficiary. However, they can only be either an...
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Jun 18, 20241 min read


A SKILLS DEVELOPMENT FORUM
An organisation's Skills Development is vital to evaluating the skills needs and shortfalls within its workforce. Notably, a Skills...
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Jun 18, 20241 min read


BENEFICIARIES OF ENTERPRISE AND SUPPLIER DEVELOPMENT
Under Statement 400 of the Amended General B-BBEE Codes of Good Practice , clause 3.7 identifies the requirements for Enterprise and...
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Jun 12, 20241 min read


WHAT IS THE DEFINITION OF BLACK DESIGNATED GROUPS?
Under B-BBEE Legislation the definition of “ Black Designated Groups” is stated under Schedule 1 of the Amended General B-BBEE Codes of...
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Jun 12, 20241 min read


DEFINING YOUTH
The Definition of Youth falls within the Black Designated Groups category. It was enacted as per the National Youth Development Agency...
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Jun 12, 20241 min read


ENHANCED RECOGNITION FOR QSEs
A QSE that is at least 51% Black-owned qualifies for Enhanced Recognition, which means that a Sworn Affidavit is the only B-BBEE...
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Jun 5, 20241 min read


MEASURING OWNERSHIP
The Ownership element of the B-BBEE Scorecard assesses the proportion of Ownership held by Black People within an organisation and is one...
Newsletter Editor
Jun 5, 20241 min read


WHAT IS THE DEFINITION OF A MILITARY VETERAN?
Under B-BBEE Legislation the concept of Miliary Veteran Is found under the definition of Designated Group Supplier and linked to the...
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Jun 5, 20241 min read


MEETING SKILLS DEVELOPMENT TARGETS
Skills Development is an intrinsic part of building a transforming economy. It incentivises organisations to use 6% of their payroll...
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May 29, 20241 min read


30% BLACK WOMEN OWNED
The Preferential Procurement element measures the way a Measured Entity procures goods and services from Suppliers. Another key point...
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May 29, 20241 min read


Y.E.S ADMINISTRATION COSTS
Youth Employment Service (Y.E.S) B-BBEE legislation and the subsequent Practice Note 1 of 2018 are clear that expenditure for the...
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May 29, 20241 min read


WHAT ARE PRIORITY SKILLS?
Paragraph 3.1 of Statement 300 of the Amended General B-BBEE Codes of Good Practice applies Priority Skills as: Core, Critical and...
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May 21, 20241 min read


51% BLACK OWNED
The Preferential Procurement element measures the way a Measured Entity procures goods and services from Suppliers. One of the key point...
Newsletter Editor
May 21, 20241 min read


WHAT IS THE LEGAL DEFINITION OF A “FRONTING PRACTICE”?
When a Measured Entity implements B-BBEE Initiatives, they need to ensure that the initiatives do not constitute a Fronting Practice. As...
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May 21, 20242 min read


WHAT IS AN INDEPENDENT COMPETENT PERSON?
The Socio-Economic Development element requires an Independent Competent Person to present an Independent Competent Person’s Report to...
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May 14, 20241 min read


PRACTICE NOTE ON OWNERSHIP FOR COLLECTIVE ENTERPRISES
In terms of the B-BBEE Act, on 18th May 2021, a Practice Note under Gazette #44591 was published by the Minister of Trade Industry &...
Newsletter Editor
May 14, 20241 min read


SELECTING A SKILLS DEVELOPMENT SERVICE PROVIDER
Selecting the correct Skills Development service provider, in most cases, is the difference between the success or failure of a Skills...
Newsletter Editor
May 14, 20241 min read


INFORMAL TRAINING - CATEGORY G
Informal training is the means that many organisations use to drive their Skills Development mandate. Category G is Informal Training...
Newsletter Editor
May 7, 20241 min read
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