Although entering into an Enterprise or Supplier Development loan contract is generally done with the best intentions, some loans issued...

A B-BBEE Code of Good Practice is a framework of measurement on how a Measured Entity scores points to achieve a specific B-BBEE Status...

As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice, a Black Designated Group Supplier is defined as follows: “means a...

Persons with disabilities are the largest marginalised group globally. Paragraph 2.1.1.3 under Statement 300 of the Amended General...

Section 1 of the Employment Equity Act defines People with Disabilities as “ people who have a long-term or recurring physical. or mental impairment, which substantially limits their prospects of entry into, or advancement in, employment” Furthermore, the Codes of Good Practice for Persons with disabilities outlines more detailed requirements and definitions in line with the above. Members need to ensure that the definition of People with Disabilities is clearly understood.

Under Statement 400 of the Amended General B-BBEE Codes of Good Practice, there are allowable exclusions when calculating Total Measured...

Under Statement 300 of the Amended General B-BBEE Codes of Good Practice, clause 6 lists various Legitimate Recognisable Training...

As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice, a “Start-up Enterprise” means a recently formed or incorporated...

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...

Schedule 1 defines a ‘Voting Right’ as a Voting Right attaching to an Equity Instrument owned by or held for a participant,measured using...

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

A QSE that is more than 51% Black Owned qualifies for Enhanced Recognition, which means that an Affidavit is the only B-BBEE Credential...

Here are three tips for avoiding the common conflict that many organisations face regarding what version of a B-BBEE Code of Good...

Early payments apply to Supplier Development Beneficiaries only. Clause 3.7 in Statement 400 of the Amended General B-BBEE Codes of Good...

The following rules apply when calculating Mandated Investments for under Statement 100 of the Amended General B-BBEE Codes of Good...

Statement 000, Clause 7 of the General Amended B-BBEE Codes of Good Practice makes the following references: “7. Eligibility of Joint...

Enterprise Development and Supplier Development were designed to complement one another. Under the General Amended B-BBEE Codes of Good...

A B-BBEE Verification is based on the evidence presented. Therefore, when entering into an agreement with a Beneficiary, a contract must...

The rule of thumb in claiming B-BBEE points is to follow the money directly to the end Beneficiary. Therefore, incorporating a third...

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