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...

The 5 Bonus Points for Skills Development in exchange for meeting Absorption targets can meaningfully impact an organisation’s overall...

Additional enhancements are available for organisations that procure from EMEs and QSEs with more than 51% Black Ownership that are...

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

Many organisations opt to use third parties in the implementation phase of their B-BBEE Strategy, which B-BBEE Legislation allows for....

A B-BBEE Verification is based on the evidence presented. Therefore, when entering into an agreement with a Beneficiary, a contract must...

The commitment to transformation and empowerment has led to the establishment of various policies and initiatives, with the Broad-Based...

VAT is a Total Measured Procurement Spend (TMPS) exclusion as per  Clause 6.1 of Statement 400 of the Amended General B-BBEE Codes of...

From time to time, the South African National Accreditation System (SANAS) publishes a list of B-BBEE Rating Agencies that no longer...

The author or deponent of a Sworn Affidavit must be a duly represented registered Director / Owner / Shareholder / Member etc. of an...

For most SETAs, the deadline for submitting Workplace Skills Plans (WSPs) and Annual Training Reports (ATRs) is 30th April 2025. Where...

Organisations are encouraged to achieve Bonus Points by graduating an Enterprise Development Beneficiary to a Supplier Development one....

Whilst making a financial contribution to an Enterprise Development or Supplier Development Beneficiary is deemed a contribution, it does...

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

On 20 December 2024, Norton Rose Fulbright South Africa Incorporated made an application to the High Court of South Africa raising...

The concept of “Black New Entrants” is found under the Ownership scorecard whereby the Amended General B-BBEE Codes of Good Practice...

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

A B-BBEE Code of Good Practice is a framework of measurement on a Measured Entity scores points to achieve a specific B-BBEE Status...