FOLLOW THE MONEY | SOCIO-ECONOMIC DEVELOPMENT CONTRIBUTIONS
Many organisations choose third party facilitators to distribute their SED contributions, which the Codes allow. However, organisations...
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THE
BEECHAMBER
DAILY NEWS
Andrew Bizzell
Feb 8, 20231 min read
PRACTICE GUIDE 01 OF 2023
On 07 February 2023, the B-BBEE Commission has published Practice Guide 01 of 2023 which intends to assist Organs of State and Public...
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Andrew Bizzell
Feb 8, 20232 min read
The Key Measurement Principles of Skills Development
In order to receive Skills Development points, under the Skills Development Scorecard, a Measured Entity must meet specific criteria:...
404 views
Andrew Bizzell
Feb 2, 20231 min read
SANAS ACCREDITATION WITHDRAWAL
From time to time, SANAS publishes a list of B-BBEE Rating Agencies that no longer have SANAS accreditation due to it being withdrawn...
231 views
Andrew Bizzell
Feb 2, 20231 min read
CLAIMING EARLY PAYMENTS
The 2013 amendments to the Generic Codes closed a loophole that allowed early payment terms for 'Black'-owned businesses in exchange for...
172 views
Andrew Bizzell
Feb 2, 20231 min read
QUARTERLY INDUSTRY NORMA STATISTICS PUBLISHED
Statistics South Africa is the source used to determine the Net Profit After Tax (NPAT) for calculating the targets for Enterprise...
222 views
Andrew Bizzell
Jan 26, 20235 min read
AFFIDAVITS: THE PRESCRIBED FORMAT
Upon the publication of the Codes of Good Practice in 2007, the prescribed format for all businesses in presenting their B-BBEE...
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