Episode 102: What Is A Specialised Scorecard And Which Entities Does It Apply To?

by see-wpdev | Nov 30, 2021

SEESA BEE Legal Advisors Saigal Inderpal and Seshni Chetty discuss the type of entities that the Specialised Scorecard applies to as well as the requirements thereof. They also discuss the instances where an affidavit is applicable and how the beneficiaries of an organisation affect the BEE status of the specialised entity. Click play to listen to our podcast! Contact your SEESA BEE Advisor to assist your business with any BEE related queries you might have alternatively, SMS "SEESA" to 45776...

Who Really Benefit In Terms Of B-BBEE?

by see-wpdev | Nov 29, 2021

We often hear that B-BBEE is only meant for a select few individuals and that it doesn’t really serve its purpose. There are possibly some individuals that benefit more than others when we only take the Ownership element on the B-BBEE scorecard into account. There’s still a perception that Ownership is everything. We tend to forget that Ownership is only one of the elements on the entire B-BBEE scorecard. As a business owner, you can decide where you want to make the most significant...

DYK – Not all “black people” automatically qualify under the definition of “Black People” in terms of the B-BBEE Act.

by see-wpdev | Nov 4, 2021

According to the B-BBEE Act, “black people” is a generic term that refers to Africans, Coloureds and Indians. (a) who are citizens of the Republic of South Africa by birth or descent; or (b) who became citizens of the Republic of South Africa by naturalisation (i) before 27 April 1994; or (ii) on or after 27 April 1994 and who would have been entitled to acquire citizenship by naturalisation before that date. Any false representation of the above will result in a fronting investigation and the...

The Property Sector Code: Requirements And Importance Of Proactive Procurement Planning.

by see-wpdev | Nov 1, 2021

This article will focus on the basic criteria of the Property Sector Charter, specifically the element of procurement. The key with procurement is timeous planning, as procurement points are built up throughout the measured entity’s financial year. There is no quick fix for procurement points and preparation is therefore vital. It is of the utmost importance that a procurement plan and policy be established before the financial year and that the measured entity ensures that due diligence...

Episode 98: How Your Company Can Enhance Its BEE Status Under The Construction Sector Codes

by see-wpdev | Oct 26, 2021

SEESA BEE Legal Advisors, Edmund Drake and Leze Jonker discuss which entities qualify to enhance their BEE status under the Construction Sector Codes, specifically referring to EME and QSE entities. They also discuss how to enhance your status through Skills Development as well as Supplier Development and how SEESA can assist in obtaining the required points under these elements. Click play to listen to our podcast! Contact your SEESA BEE Legal Advisor to assist your business with the...

Supplier Development Programmes Under The B-BBEE Amended Construction Sector Code

by see-wpdev | Oct 13, 2021

On 1 December 2017, the Amended Construction Sector Charter was gazetted and came into effect. All measured entities within the Construction Sector have to comply with the Amended Construction Sector to verify their B-BBEE status. For the purpose of this article, the focus will be on Supplier Development Programmes under the B-BBEE Amended Construction Code. The differentiation under the Supplier Development element between the Amended Codes of Good Practise and the Amended Construction Sector...

Episode 96: Difference Between A Compliant And Non-Compliant B-BBEE Certificate.

by see-wpdev | Oct 12, 2021

SEESA BEE Legal Advisors Cordieu Hamman and Shane Meyer discuss the differences between a Compliant and Non-Compliant B-BBEE Certificate. They also focus on the importance of a business to ensure that its B-BBEE Certificate complies with its customer and industry requirements. Click play to listen to our podcast! Contact your SEESA BEE Legal Advisor to assist your business with any BEE related queries you might have. Alternatively, SMS "SEESA" to 45776 for an expert legal advisor to contact...

DYK? – Agricultural enterprises wishing to export products to the UK will now have to be in possession of a valid BEE certificate or an Affidavit. This will enable your enterprise to apply for an export permit, as this has become one of the permit using conditions.

by see-wpdev | Oct 7, 2021

The issuing of export permits for agricultural products to the United Kingdom will be regulated by the SACUM-UK Economic Partnership Agreement, which is subject to the Agricultural Black Economic Empowerment (AgriBEE) Sector Code. The B-BBEE status of applicants will be regarded as one of the conditions of Issuing an export permit. A B-BBEE status is obtainable from a valid B-BBEE certificate measured against the Amended AgriBEE Sector Codes issued by a SANAS accredited verification agency or...

The Prerequisites For Claiming B-BBEE Points On The Skills Development Element

by see-wpdev | Oct 4, 2021

Skills development is one of the easiest priority elements to comply with, although it requires a business to spend a monetary amount that will contribute to the development of the competencies of black people in and out of the business. This element in South Africa has become a strategic priority for businesses that wish to attain or retain an acceptable BEE level and meet the Skills Development Act requirements. By just following the scorecard, one already knows what is expected of you. What...

FAQ – Why Is It Important For My Suppliers To Be BEE Compliant?

by see-wpdev | Sep 26, 2021

The Procurement Element gives you the opportunity to build a strong, sustainable baseline for your BEE level. If one of your top suppliers is non-compliant, it can be the difference between a level 1 and a level 3. Always ensure that your top suppliers are at least on a level 4 and, where possible, a level 2 with 51% black ownership to gain maximum benefit from your suppliers. To find out how SEESA can help your business visit our website for more: https://www.seesa.co.za/...

BEE

Episode 102: What Is A Specialised Scorecard And Which Entities Does It Apply To?

Who Really Benefit In Terms Of B-BBEE?

DYK – Not all “black people” automatically qualify under the definition of “Black People” in terms of the B-BBEE Act.

The Property Sector Code: Requirements And Importance Of Proactive Procurement Planning.

Episode 98: How Your Company Can Enhance Its BEE Status Under The Construction Sector Codes

Supplier Development Programmes Under The B-BBEE Amended Construction Sector Code

Episode 96: Difference Between A Compliant And Non-Compliant B-BBEE Certificate.

DYK? – Agricultural enterprises wishing to export products to the UK will now have to be in possession of a valid BEE certificate or an Affidavit. This will enable your enterprise to apply for an export permit, as this has become one of the permit using conditions.

The Prerequisites For Claiming B-BBEE Points On The Skills Development Element

FAQ – Why Is It Important For My Suppliers To Be BEE Compliant?

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