The below Q & A was published on the dtic Website under the B-BBEE FAQs regarding B-BBEE Sworn Affidavits for EMEs and QSEs with more...

More often than not when organisations enter into a relationship with an Enterprise Development or Supplier Development Beneficiary, it...

The B-BBEE Commission has over the years continued to be inundated with requests from various stakeholders to confirm validity of B-BBEE...

Intra-group procurement spend is a normal part of spending, especially for groups of vertically connected companies, which in many cases...

Virtual informal learning, otherwise referred to as distance training, has become the norm over the past few years. Providing evidence...

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

The core aim of Socio-Economic Project Contributions is to support income generation. Therefore, any contributions must pass the income...

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

Are you aware that, for the most, Broad-Based Black Economic Empowerment (B-BBEE) Practitioners are the weakest link in terms of...

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...

Many organisations choose third party facilitators to distribute their SED contributions, which the Codes allow. However, organisations...

On 07 February 2023, the B-BBEE Commission has published Practice Guide 01 of 2023 which intends to assist Organs of State and Public...

In order to receive Skills Development points, under the Skills Development Scorecard, a Measured Entity must meet specific criteria:...

From time to time, SANAS publishes a list of B-BBEE Rating Agencies that no longer have SANAS accreditation due to it being withdrawn...

The 2013 amendments to the Generic Codes closed a loophole that allowed early payment terms for 'Black'-owned businesses in exchange for...

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

Upon the publication of the Codes of Good Practice in 2007, the prescribed format for all businesses in presenting their B-BBEE...