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THE
BEECHAMBER

DAILY NEWS


SELECTING A SKILLS DEVELOPMENT SERVICE PROVIDER
Selecting the correct Skills Development service provider, in most cases, is the difference between the success or failure of a Skills...
Newsletter Editor
Jun 101 min read


DEPARTMENT OF EMPLOYMENT & LABOUR ROADSHOWS
The Department of Employment & Labour roadshows are underway. This year's workshops focus on: How to implement the EE Amendments...
Newsletter Editor
Jun 102 min read


30% BLACK WOMEN OWNED
The Preferential Procurement element measures the way a Measured Entity procures goods and services from Suppliers. Another key point...
Newsletter Editor
Jun 31 min read


Y.E.S ADMINISTRATION COSTS
Youth Employment Service (Y.E.S) B-BBEE legislation and the subsequent Practice Note 1 of 2018 are clear that expenditure for the...
Newsletter Editor
Jun 31 min read


TIPS FOR DUE DILIGENCE WHEN ENGAGING A B-BBEE RATING AGENCY
Ethics, Skills, and Competence are at the top of the due diligence list when choosing a B-BBEE Rating Agency. Firstly, an organisation...
Newsletter Editor
Jun 31 min read


THE ROLE, VALUE AND PURPOSE OF SMMES IN SOUTH AFRICA | A TRANSFORMATIVE PERSPECTIVE
Small, Medium, and Micro-sized Enterprises (SMMEs) are an aspect of the South African economy that should not be overlooked or ignored....
Newsletter Editor
May 282 min read


PRACTICE NOTE ON OWNERSHIP FOR COLLECTIVE ENTERPRISES
In terms of the B-BBEE Act, on 18th May 2021, a Practice Note under Gazette #44591 was published by the Minister of Trade Industry &...
Newsletter Editor
May 281 min read


LARGE ENTERPRISES AS B-BBEE BENEFICIARIES
Section 3.7, under Statement 400 of the Amended General B-BBEE Codes of Good Practice , allows an active Enterprise or Supplier...
Newsletter Editor
May 281 min read


WHAT IS BLACK OWNERSHIP UNDER B-BBEE?
Under Broad-Based Black Economic Empowerment (B-BBEE) legislation, Black Ownership refers to the level of ownership in a business held by...
Newsletter Editor
May 212 min read


51% BLACK OWNED
The Preferential Procurement element measures the way a Measured Entity procures goods and services from Suppliers. One of the key point...
Newsletter Editor
May 211 min read


WHAT IS THE LEGAL DEFINITION OF A “FRONTING PRACTICE”?
When a Measured Entity implements B-BBEE Initiatives, they need to ensure that the initiatives do not constitute a Fronting Practice. As...
Newsletter Editor
May 212 min read


UNLOCKING ECONOMIC POTENTIAL: THE ROLE OF ENTERPRISE AND SUPPLIER DEVELOPMENT IN GROWING SOUTH AFRICA'S SMALL BUSINESSES
In the evolving landscape of South Africa’s economic transformation, the twin pillars of Enterprise Development (ED) and Supplier...
Newsletter Editor
May 152 min read


CLAIMING EARLY PAYMENTS
Changes to B-BBEE Legislation in 2013 closed a loophole that allowed early payment terms for Black Owned businesses in exchange for...
Newsletter Editor
May 141 min read


WHY DO B-BBEE SECTOR CODE OF GOOD PRACTICE TARGETS MATTER?
Daily, during the procurement process, organisations are purchasing across sectors, whether they are paying for hotel accommodation,...
Newsletter Editor
May 141 min read


THE SIGNIFICANCE OF EMPLOYMENT EQUITY IN THE SOUTH AFRICAN WORKPLACE
Employment Equity holds immense significance in the South African workplace as it plays a crucial role in promoting fairness, equality,...
Newsletter Editor
May 72 min read


DEPARTMENT OF EMPLOYMENT & LABOUR EMPLOYMENT EQUITY (EE) WORKSHOPS
The 2025 EE workshops will be held under the theme: “Bridging the Equity Gap Through Diversity & Inclusion". These will be held during...
Newsletter Editor
May 71 min read


LEARNERSHIPS, INTERNSHIPS AND APPRENTICESHIPS UNDER SKILLS DEVELOPMENT
Learnerships, internships, and apprenticeships are all forms of Skills Development Initiatives that can contribute to a company's B-BBEE...
Newsletter Editor
Apr 303 min read


CLAIMING SKILLS DEVELOPMENT EXPENDITURE
Based on Statement 300 of the General Amended B-BBEE Codes of Good Practice , an organisation can only claim Skills Development...
Newsletter Editor
Apr 301 min read


LEGAL SECTOR CHARTER COUNCIL HAS BEEN ESTABLISHED
On 22 April 2025, the Legal Sector Charter Council (LSCC) was established. Part of the Notice included the following: “The LSCC will...
Newsletter Editor
Apr 301 min read


FRONTING PRACTICES | THE IMPACT ON COMPLIANCE AND ECONOMIC TRANSFORMATION
In the realm of economic empowerment, Broad-Based Black Economic Empowerment (B-BBEE) stands as a cornerstone initiative aimed at...
Newsletter Editor
Apr 243 min read
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