Generally, expenses on Bursaries for employees do not constitute Skills Development Expenditure if an organisation can recover any of the...

The liquidity of an Enterprise Development Beneficiary matters. A long-term Enterprise Development Strategy more often than not...

Paragraph 3.2.1 of  Statement 500  of the Amended General B-BBEE Codes of Good Practice  warrants that a Socio-Economic Development...

Section 3.7, under Statement 400  of the Amended General B-BBEE Codes of Good Practice , allows an active Enterprise or Supplier...

It is fair to surmise that the points earned on Supplier Development, especially since Enterprise & Supplier Development is a Priority...

In certain areas of the B-BBEE Scorecard, once a B-BBEE claim has been made under one element, the same spend must not form part of...

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...

The most significant risk to an organisation meeting its Preferential Procurement targets is fraudulent B-BBEE Certificates and...

At the time of a B-BBEE Verification, many organisations fail to produce updated B-BBEE Statuses from their suppliers especially those...

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%...

Those driving Preferential Procurement Strategies must bear the following in mind when an EME, QSE with more than 51% ‘Black’ Ownership...

The most critical element of an Enterprise Development loan is that it is a loan and not a grant disguised as one. An organisation must...

At the time of B-BBEE Verification, a Measured Entity needs to produce all relevant evidence or documentation to substantiate their...

Statistics South Africa is the source used to determine the Net Profit After Tax (NPAT) for calculating the targets for Enterprise...

An organisation’s Leviable Amount is defined in the fourth schedule of the Income Tax Act . It is the total amount of remuneration, paid...

ABC Traders decides to use a third-party facilitator to distribute Enterprise Development funds to Beneficiaries. The money to the...

As per Schedule 1 of the Amended Construction B-BBEE Sector Codes of Good Practice, “Professionally Registered Person”  Or “ Registered...

There have been numerous instances whereby B-BBEE Rating Agencies have sought to misinterpret the provisions of the Amended Construction...

The Financial Sector Transformation Council (FSTC) has recently issued a Formal Notice  calling for the submission of B-BBEE Reports for...

A Needs Analysis is a formal, systematic process to identify and evaluate an organisation's business needs. It is specific to an...