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THE

BEECHAMBER

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NEWS

SANAS NOTIFICATION TO B-BBEE RATING AGENCIES



On 08 September 2023, SANAS has issued a notification to all B-BBEE Rating Agencies with regards to Submission of B-BBEE Verification Certificates and Reports to B-BBEE Sector Councils.


Part of the notification states:


During the STC meeting held on 5 April and 23 November 2022, the members decided that SANAS should check whether the B-BBEE Certificates and Reports were submitted to the Sector Council. The verification agencies must check and ensure that the rated measured entities have submitted the previous and current B-BBEE Certificates and Reports to their specific sector.


This submission process will be assessed from the beginning of 2023/24, i.e. 1 April 2023.


We encourage Members to take note of this Notification and submit accordingly to the relevant B-BBEE Sector Councils.


B-BBEE Verification Services are available to assist members in understand these requirements.

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