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THE
BEECHAMBER

WEEKLY ARTICLES
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
3 days ago3 min read
18 views


FREEDOM DAY
On Sunday, 27 April 2024, we commemorate Freedom Day. Freedom Day is the commemoration of the first democratic elections held in South...
Newsletter Editor
3 days ago1 min read
10 views


THE INTERSECTION OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT AND SOCIAL JUSTICE IN SOUTH AFRICA
In South Africa, the concept of Broad-Based Black Economic Empowerment (B-BBEE) is intrinsically linked with the broader ideals of...
Newsletter Editor
Apr 92 min read
15 views


CONFIRMING JOB CREATION
Clause 2.4.2 of Statement 400 of the Amended General B-BBEE Codes of Good Practice allocates Bonus Points for creating one or more jobs...
Newsletter Editor
Apr 91 min read
19 views


FRAUDULENT B-BBEE CREDENTIALS
The most significant risk to an organisation meeting its Preferential Procurement targets is fraudulent B-BBEE Statuses. They not only go...
Newsletter Editor
Apr 91 min read
26 views


A COMPREHENSIVE GUIDE TO PROACTIVE B-BBEE VERIFICATION PREPARATION AND PLANNING AHEAD
In the ever-changing landscape of business, Broad-Based Black Economic Empowerment (B-BBEE) Verification plays a crucial role in...
Newsletter Editor
Apr 32 min read
59 views


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
Apr 31 min read
64 views


VALIDITY OF B-BBEE STATUSES
At the time of a B-BBEE Verification, many organisations fail to produce updated B-BBEE Statuses from their suppliers especially those...
Newsletter Editor
Apr 31 min read
59 views


A SAMPLE OF EVIDENCE
A B-BBEE Verification is based on a sampling of evidence and an element of risk. In other words, the process of analysing less than 100%...
Newsletter Editor
Apr 31 min read
63 views


Broad-Based Black Economic Empowerment and Employment Equity: A Synergistic Approach for Economic Transformation in South Africa
In South Africa, the pursuit of economic transformation and social justice has been a paramount goal since the dawn of democracy....
Newsletter Editor
Mar 252 min read
114 views


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