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THE
BEECHAMBER

DAILY NEWS


THE SUPPLIER DEVELOPMENT SHORTFALL
It is fair to surmise that the points earned on Supplier Development, especially since Enterprise & Supplier Development is a Priority...
Newsletter Editor
Oct 1, 20251 min read


ABOVE AND BEYOND SUB-MINIMUM
More than any other element under the Amended General B-BBEE Codes of Good Practice, Enterprise & Supplier Development was carefully...
Newsletter Editor
Oct 1, 20251 min read


UNINCORPORATED JOINT VENTURES
Statement 000, Clause 7 of the Amended General B-BBEE Codes of Good Practice makes the following references: “7. Eligibility of Joint...
Newsletter Editor
Sep 25, 20252 min read


THIRD-PARTY PAYMENT INTERVENTION
The rule of thumb in claiming Broad-Based Black Economic Empowerment (B-BBEE) points is to follow the money directly to the end...
Newsletter Editor
Sep 25, 20251 min read


CONTINUED CONSEQUENCE OR ONCE EMPOWERED, ALWAYS EMPOWERED
Incorporating the Continuing Consequence Principle of the Ownership Scorecard allows organisations to score under the Ownership points...
Newsletter Editor
Sep 17, 20251 min read


WHAT IS AN INDEPENDENT COMPETENT PERSON?
The Socio-Economic Development element requires an Independent Competent Person (ICP) to present an Independent Competent Person’s Report...
Newsletter Editor
Sep 17, 20251 min read


A BENEFICIARY OR A TRUSTEE, WHICH COUNTS?
When an organisation uses a Trust as a Special Purpose Vehicle for the Ownership element, points are awarded based on the Beneficiaries...
Newsletter Editor
Sep 17, 20251 min read


BURSARIES UNDER B-BBEE – INVESTING IN THE FUTURE OF SOUTH AFRICA
Bursaries play a critical role in South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) framework, specifically under the Skills...
Newsletter Editor
Sep 11, 20251 min read


DO LARGE ENTERPRISES QUALIFY FOR EARLY PAYMENTS?
Early payments apply to Supplier Development Beneficiaries only. Clause 3.7 in Statement 400 of the Amended General B-BBEE Codes of Good...
Newsletter Editor
Sep 11, 20251 min read


HIGH COURT JUDGMENT - EMPLOYMENT EQUITY SECTORAL TARGETS - PART A
A High Court Judgement has been recently released on whether the numerical targets set by the Minister are lawful or not. The...
Newsletter Editor
Sep 3, 20251 min read


LEGAL SECTOR CHARTER COUNCIL – STAKEHOLDER ENGAGEMENT INVITATION
The Legal Sector Charter Council recently published a Notice to all Attorneys to participate in a Stakeholder Engagement session. Part...
Newsletter Editor
Sep 3, 20251 min read


LEGAL B-BBEE SECTOR CODES OF GOOD PRACTICE - MEASUREMENT GUIDANCE NOTICE 01 OF 2025
The Legal Sector Charter Council recently published Guidance Notice 01 of 2025 . The purpose of this Guidance Notice is to provide...
Newsletter Editor
Sep 3, 20251 min read


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...
Newsletter Editor
Aug 26, 20251 min read


DEFINITIONS OF A B-BBEE CONTROLLED COMPANY AND B-BBEE OWNED COMPANY
As per Schedule 1 of the Amended General B-BBEE Codes of Good Practice , a B-BBEE Controlled and B-BBEE Owned Company is defined as...
Newsletter Editor
Aug 26, 20251 min read


LEGITIMATE RECOGNISABLE TRAINING EXPENSES
Under Statement 300 of the Amended General B-BBEE Codes of Good Practice , clause 6 lists various Legitimate Recognisable Training...
Newsletter Editor
Aug 26, 20251 min read


WARNING ABOUT TECH INDUSTRY RACE AND GENDER EMPLOYMENT QUOTAS IN SOUTH AFRICA
Jan Vermeulen | 19 August 2025 The Information and Communications Technology sector faces unique challenges that may impact companies’...
BEE NEWS
Aug 20, 20253 min read


PRACTICE GUIDE 01 of 2022
The B-BBEE Commission has over the years continued to be inundated with requests from various stakeholders to confirm validity of B-BBEE...
Newsletter Editor
Aug 19, 20251 min read


EXPLANATORY NOTICE 02 OF 2024
In terms of section 13F (3) Broad-Based Black Economic Empowerment Act 53 of 2003 as amended by Act 46 of 2013, the Broad-Based Black...
Newsletter Editor
Aug 19, 20251 min read


EXPLANATORY NOTICE 01 OF 2024
The Broad-Based Black Economic Empowerment Commission has published Explanatory Notice 01 of 2024 in August 2024. This Explanatory...
Newsletter Editor
Aug 19, 20251 min read


ENHANCED RECOGNITION - IS IT TRUE BLACK OWNERSHIP?
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...
Newsletter Editor
Aug 12, 20251 min read
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