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THE
BEECHAMBER

WEEKLY ARTICLES
WHY INVEST IN ENTREPRENEURSHIP?
Investing in Entrepreneurship in South Africa, particularly within the framework of Broad-Based Black Economic Empowerment (B-BBEE), can...
Newsletter Editor
2 days ago1 min read


SKILLS DEVELOPMENT & CONDITIONAL OBLIGATIONS
Generally, expenses on Bursaries for employees do not constitute Skills Development Expenditure if an organisation can recover any of...
Newsletter Editor
2 days ago1 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...
Newsletter Editor
Jul 21 min read


WHAT IS THE DEFINITION OF A MILITARY VETERAN?
Under B-BBEE Legislation the concept of Miliary Veteran Is found under the definition of Designated Group Supplier and linked to the...
Newsletter Editor
Jul 21 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...
Newsletter Editor
Jul 21 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...
Newsletter Editor
Jun 251 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...
Newsletter Editor
Jun 251 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
Jun 251 min read


MEASURING OWNERSHIP
The Ownership element of the B-BBEE Scorecard assesses the proportion of Ownership held by Black People within an organisation and is...
Newsletter Editor
Jun 191 min read


WHAT IS AN INDEPENDENT COMPETENT PERSON?
The Socio-Economic Development element requires an Independent Competent Person to present an Independent Competent Person’s Report to...
Newsletter Editor
Jun 191 min read


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