Simplifying B-BBEE.

Your go-to guide for clear, actionable B-BBEE insights.
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Top Insights

Allow the entrepreneurs to grow the economy -Eustace Davie

Government’s faith in government investment and spending, including investment in state-owned enterprises, is misplaced. Mankind has not been delivered from abject poverty in the last three centuries...

New state bid to make BEE more hands-on

New state bid to make BEE more hands-on (edited) CAPE TOWN — Amendments to the Broad-Based Black Economic Empowerment Act, aimed at shifting its focus from equity deals to enterprise development, will...

Minister revokes over 400 mineral rights

South Africa has found widespread violations during an audit of miners and other mineral rights holders in the country, Minerals Minister Susan Shabangu said on Monday. "The moratorium on...

IRBA and issuing BEE certificates – and an ABACUS warning

The IRBA published a notice last week.  They are telling their members (who wish to become verification agents) not to jump the gun too early. registered auditors, other than those already...

A bit more on charters to come

Two articles caught my eye recently.   ICT Charter – Let it die After eight long years of toing and froing, the ICT sector will finally have clarity on how it should implement empowerment...

Moratorium on mining licences set to be lifted on Monday

The eight-month moratorium on granting prospecting licences is expected to be lifted on Monday with the unveiling of an online application system expected to ensure transparency and reduce turnaround...

Reporting fronting to the DTI as per the Guidelines on Fronting (etc)

Anybody had any experience in reporting fronting to the DTI. I know of a company that is very concerned about a high profile fronting case and wants to ensure that the DTI investigates it. Please...

Best line of defence is attack, just hope that your front is never exposed

Interestingly the codes themselves make no reference to fronting.  Fronting is discussed in a subsequent document (Guidelines on Complex Structures & Transactions, and Fronting  ...

What SANAS has to say (or what they said last year)

From: Phinda Ndabula  Sent: 09 December 2010 01:07 Subject: Sector Codes Dear All We have been receiving a lot of complaints about Verification Agencies who are not issuing relevant Sector Codes...