The first question I ask when starting a consultation is ‘’Why do you need a BEE certificate?” This is a very important question, one that no one can answer for you. You need to determine why it is important for your business to be BEE compliant. Once you know why you want to be BEE compliant, you will be able to help us help you. By knowing why you need a BEE certificate, we can determine what level is best suited for you. It is not always necessary to aim for a level 1 or 2. Sometimes having...

South African ICT companies must take note of the new  BEE rules that the  Independent Communications Authority of South Africa (ICASA) is planning to introduce before the end of the 2020/2021 financial year. During a Virtual parliament meeting on 18 June 2020, President Cyril Ramaphosa reiterated that measures need to be taken and put in place to strengthen the economy, including Broad-Based Black Economic Empowerment (B-BBEE). For now, it is clear that South African businesses will...

The Amended Construction Sector Codes applies to businesses who derive more than 50% of their annual revenue from Construction-related activities and include the following: Contractors – conduct construction project activities including Civil Engineering, Electrical Engineering, power transmission, general building, specialist construction works e.g. wiring, air-conditioning, heating, asphalt work, excavations, scaffolding, and support, shop-fitting, structural steelwork, water-proofing, etc....

Should a business owner consider employing foreign nationals for the benefit of their BBBEE rating? A current problem in the economy is that whenever an employer advertises a new vacancy, they are overwhelmed with applications. These applications usually include quite a high number of foreign nationals. How does employing a foreign national effect your BBBEE rating? Foreign nationals could have a definite impact on some of the following elements on the scorecard, namely: Ownership;Management...