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THE
BEECHAMBER

WEEKLY ARTICLES
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
6 days ago2 min read
11 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
6 days ago1 min read
17 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
6 days ago1 min read
25 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
58 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
112 views


Proposed Sectoral Targets
Over the last few weeks, consultation sessions were held between Industry Stakeholders and the Department of Employment & Labour on the...
Newsletter Editor
Mar 251 min read
116 views


THE BENEFITS OF ENTERPRISE AND SUPPLIER DEVELOPMENT IN SOUTH AFRICA
Broad-Based Black Economic Empowerment (B-BBEE) is a transformative policy aimed at increasing the participation of Black South Africans...
Newsletter Editor
Mar 122 min read
79 views


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