On Sunday, 27 April 2024, we commemorate Freedom Day.   Freedom Day is the commemoration of the first democratic elections held in South...

In South Africa, the concept of Broad-Based Black Economic Empowerment (B-BBEE)  is intrinsically linked with the broader ideals 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 Statuses. They not only go...

In the ever-changing landscape of business, Broad-Based Black Economic Empowerment (B-BBEE) Verification plays a crucial role in...

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

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%...

In South Africa, the pursuit of economic transformation and social justice has been a paramount goal since the dawn of democracy....

Over the last few weeks, consultation sessions were held between Industry Stakeholders and the Department of Employment & Labour on the...

Broad-Based Black Economic Empowerment (B-BBEE) is a transformative policy aimed at increasing the participation of Black South Africans...

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...

Promoting diversity, equality and inclusivity can be seen as more than just a moral imperative, but also as a strategic necessity for...

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

International Women's Day on March 8th is an occasion to celebrate the achievements and contributions of women worldwide while also...

In South Africa, the landscape of leadership is undergoing a profound transformation. Women, who have long been at the forefront of...

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

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

Staying competitive and innovative in today’s evolving business landscape demands more than just a solid product or service. It requires...