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BEECHAMBER

DAILY NEWS

Newsletter Editor
Aug 1, 20241 min read
2024 ANNUAL EMPLOYMENT EQUITY ROADSHOWS
The 2024 Annual Employment Equity Roadshows will commence on Tuesday, 06 August 2024 whereby the Department of Employment & Labour...
155 views

Newsletter Editor
Aug 1, 20241 min read
GAZETTE 50967 - PUBLIC PROCUREMENT ACT OF 2024
On 23 July 2024, Gazette 50967, the Public Procurement Act of 2024 was gazetted. The Act seeks: To regulate Public Procurement; and...
80 views

Newsletter Editor
Jul 24, 20241 min read
SKILLS DEVELOPMENT REPORTING FOR QSEs
Q | Is the Workplace Skills Plan or Annual Training Report mandatory at a B-BBEE Verification for QSEs? A | It is mandatory for...
106 views

Newsletter Editor
Jul 24, 20241 min read
COMMISSIONER OF OATHS
Q | Can a B-BBEE Sworn Affidavit be commissioned by a Commissioner of Oaths connected to the deponent that is an EME or QSE with more...
115 views

Newsletter Editor
Jul 24, 20241 min read
PAYMENTS ACCORDING TO THE GRADUATION FACTOR
Core to the Net Value calculation is the Graduation Factor formula that awards 8 points on the Ownership scorecard. The time-based...
103 views

Newsletter Editor
Jul 17, 20241 min read
WHAT IS THE DEFINITION OF A START-UP ENTERPRISE UNDER THE AMENDED CONSTRUCTION B-BBEE SECTOR CODES OF GOOD PRACTICE?
At times, we may find that there are differences between concepts under the Amended General B-BBEE Codes of Good Practice as well as...
88 views

Newsletter Editor
Jul 17, 20242 min read
THE MEASUREMENT OF OWNERSHIP IN BEPS
The Measurement of Ownership for Built Environment Professionals (BEPs) under the Amended Construction B-BBEE Sector Codes of Good...
107 views

Newsletter Editor
Jul 17, 20241 min read
SOCIO-ECONOMIC DEVELOPMENT CONTRIBUTIONS
Under the element Socio-Economic Development, there is an emphasis on the concept of the objective of facilitating income generating...
158 views

Newsletter Editor
Jul 9, 20241 min read
DO CONTINUED LEARNERSHIPS CONSTITUTE 'ABSORPTION’?
Q | In 2023, a Measured Entity had an unemployed Learner enrolled in an NQF 4 Learnership. In 2024 the same Learner was enrolled in an...
101 views

Newsletter Editor
Jul 9, 20241 min read
DOES A START-UP ENTERPRISE QUALIFY AS AN ENTERPRISE DEVELOPMENT BENEFICIARY?
Q | A Measured Entity enters into an Enterprise Development Beneficiary contract that involves a Start-up Enterprise. Schedule 1 of the...
90 views

Newsletter Editor
Jul 9, 20241 min read
QUARTERLY INDUSTRY NORM STATISTICS PUBLISHED
Statistics South Africa is the source used to determine the Net Profit After Tax (NPAT) for calculating the targets for Enterprise...
121 views

Newsletter Editor
Jul 3, 20241 min read
THE PROVINCIAL EAP BY POPULATION & GENDER
The below image extracted from the 24th Annual Commission for Employment Equity Report illustrates the Provincial EAP by Population and...
279 views

Newsletter Editor
Jul 3, 20241 min read
THE NATIONAL EAP BY POPULATION AND GENDER
The below image extracted from the 24th Annual Commission for Employment Equity Report illustrates the National EAP by Population and...
146 views

Newsletter Editor
Jun 26, 20241 min read
BONUS POINTS BASED ON TIMING
Enterprise Development and Supplier Development were designed to complement one another. Under the General Amended B-BBEE Codes of Good...
60 views

Newsletter Editor
Jun 26, 20241 min read
WHAT ARE THE RULES AROUND IMPORT EXCLUSIONS UNDER TMPS?
Under Statement 400 of the Amended General B-BBEE Codes of Good Practice , there are allowable exclusions when calculating Total Measured...
74 views

Newsletter Editor
Jun 26, 20241 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...
35 views

Newsletter Editor
Jun 18, 20241 min read
CONSIDERATIONS FOR THE SKILLS DEVELOPMENT SCORECARD
There are two facets to take into account on the Skills Development Scorecard, namely: 1. Skills Development Expenditure; and...
94 views

Newsletter Editor
Jun 18, 20241 min read
EITHER, OR, BUT NOT BOTH
Over time, one Beneficiary can be an Enterprise Development and Supplier Development Beneficiary. However, they can only be either an...
76 views

Newsletter Editor
Jun 18, 20241 min read
A SKILLS DEVELOPMENT FORUM
An organisation's Skills Development is vital to evaluating the skills needs and shortfalls within its workforce. Notably, a Skills...
97 views

Newsletter Editor
Jun 12, 20241 min read
BENEFICIARIES OF ENTERPRISE AND SUPPLIER DEVELOPMENT
Under Statement 400 of the Amended General B-BBEE Codes of Good Practice , clause 3.7 identifies the requirements for Enterprise and...
85 views
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