DOES A START-UP ENTERPRISE QUALIFY AS AN ENTERPRISE DEVELOPMENT BENEFICIARY?
Q | A Measured Entity enters into an Enterprise Development Beneficiary contract that involves a Start-up Enterprise. Schedule 1 of the...
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THE
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Andrew Bizzell
Jul 91 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...
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Andrew Bizzell
Jul 31 min read
THE PROVINCIAL EAP BY POPULATION & GENDER
The below image extracted from the 24th Annual Commission for Employment Equity Report illustrates the Provincial EAP by Population and...
115 views
Andrew Bizzell
Jul 31 min read
THE NATIONAL EAP BY POPULATION AND GENDER
The below image extracted from the 24th Annual Commission for Employment Equity Report illustrates the National EAP by Population and...
141 views
Andrew Bizzell
Jun 261 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...
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Andrew Bizzell
Jun 261 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...
74 views
Andrew Bizzell
Jun 261 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...
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Andrew Bizzell
Jun 181 min read
CONSIDERATIONS FOR THE SKILLS DEVELOPMENT SCORECARD
There are two facets to take into account on the Skills Development Scorecard, namely: 1. Skills Development Expenditure; and...
93 views
Andrew Bizzell
Jun 181 min read
EITHER, OR, BUT NOT BOTH
Over time, one Beneficiary can be an Enterprise Development and Supplier Development Beneficiary. However, they can only be either an...
76 views
Andrew Bizzell
Jun 181 min read
A SKILLS DEVELOPMENT FORUM
An organisation's Skills Development is vital to evaluating the skills needs and shortfalls within its workforce. Notably, a Skills...
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Andrew Bizzell
Jun 121 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...
64 views
Andrew Bizzell
Jun 121 min read
WHAT IS THE DEFINITION OF BLACK DESIGNATED GROUPS?
Under B-BBEE Legislation the definition of “Black Designated Groups” is stated under Schedule 1 of the Amended General B-BBEE Codes of...
111 views
Andrew Bizzell
Jun 121 min read
DEFINING YOUTH
The Definition of Youth falls within the Black Designated Groups category. It was enacted as per the National Youth Development Agency...
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Andrew Bizzell
Jun 51 min read
ENHANCED RECOGNITION FOR QSEs
A QSE that is at least 51% Black-owned qualifies for Enhanced Recognition, which means that a Sworn Affidavit is the only B-BBEE...
50 views
Andrew Bizzell
Jun 51 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 one...
64 views
Andrew Bizzell
Jun 51 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...
48 views
Andrew Bizzell
May 291 min read
MEETING SKILLS DEVELOPMENT TARGETS
Skills Development is an intrinsic part of building a transforming economy. It incentivises organisations to use 6% of their payroll...
58 views
Andrew Bizzell
May 291 min read
30% BLACK WOMEN OWNED
The Preferential Procurement element measures the way a Measured Entity procures goods and services from Suppliers. Another key point...
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Andrew Bizzell
May 291 min read
Y.E.S ADMINISTRATION COSTS
Youth Employment Service (Y.E.S) B-BBEE legislation and the subsequent Practice Note 1 of 2018 are clear that expenditure for the...
62 views
Andrew Bizzell
May 211 min read
WHAT ARE PRIORITY SKILLS?
Paragraph 3.1 of Statement 300 of the Amended General B-BBEE Codes of Good Practice applies Priority Skills as: Core, Critical and Scarce...
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