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Government must improve BBBE implementation |
Government needs to improve the implementation of Broad-Based Black Economic Empowerment (BBBEE) in South Africa 's business sector, says President Jacob Zuma. Read more... |
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SABMiller ´s BEE deal shuns the fashionable recipients |
SABMiller 's black economic empowerment deal announced on 1 July follows the pattern of recent broad-based deals, but deviates in some crucial respects. Read more...
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Highest BEE rating for firm with no black ownership |
A company with no black ownership or management control has achieved the highest rating under SA’s codes of good practice for broad-based black economic empowerment (BEE) simply by meeting other criteria under the empowerment laws. Read more...
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Only certificates issued by accredited verification agencies valid |
The Minister of Trade and Industry has issued a notice that as from 1 August 2009, only certificates issued by accredited verification agencies will be valid. Read more... |
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True test for BEE players as the going gets tough |
The mantra of the can-do entrepreneur during tough times is "never let a good recession go to waste". A similar philosophy may soon come into play among black economic empowerment (BEE) players who are confident they have developed robust models that are fit for purpose in all business conditions. Read more...
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Codes of Good Practice for the Forestry and Construction Sectors |
The Minister of Trade and Industry published the Forest Sector Charter and the Construction Sector Charter as sector codes and it is effective from the date of publishing and binding on all stakeholders in the relevant sectors. |
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Economic crisis - BEE transactions under threat? |
Are BEE transactions faced with a sub-prime scenario? Read more... |
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BEE deal ´superficial´ |
Tiger Brands' black economic empowerment (BEE) transaction is "superficial," according to the Food & Allied Workers Union (Fawu). Read more...
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Tougher BEE fines? |
Tougher fines should be considered for failure to meet employment equity targets. Read more...
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BEE survives the storm |
The impact of the economic downturn has had little significant impact on the implementation of broad-based Black Economic Empowerment (B-BBEE) compliance. Read more...
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Government Notice |
Effective as from 1 August 2009 |
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Put BEE to the test |
The mantra of the can-do entrepreneur during tough times is "never let a good recession go to waste". A similar philosophy may soon come into play among black economic empowerment (BEE) players who are confident they have developed robust models that are fit for purpose in all business conditions. Read more...
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Draft Preferential Procurement Policy |
The Minister of Trade and Industry published the draft Preferential Procurement Policy regulations in the Governement Gazette nr 23489 dated 14 August 2009. Interested persons can comment on or before 14 September 2009. To view the regulations click here... |
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Employment equity ´too slow´ |
Employment equity is slowly taking place in the workplace but not enough black and coloured people were benefiting, chair of the Employment Equity Commission Jimmy Manyi said. Read more...
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´No shining BEE examples´ |
An amendment to the Employment Equality Act to penalise companies not abiding by racial diversification in the workplace was recommended to the labour department. Read more...
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Why draft bill insults and bewilders black business |
It should not really be that difficult to strike a transformative relationship between "price and functionality" and black economic empowerment (BEE). After all, and in a developmental sense, the two are mutually reinforcing. It is thus difficult to understand the recurrence of limitations in the recently published draft bill to amend the Public Procurement Preference Finance Act (PPPFA). Read more...
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Broad-Based Black Economic Empowerment Act 53 of 2003 |
Transport sector charter on black economic empowerment published (GenN 1162 in GG 32511 of 21 August 2009) (pp 3 and 162)
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Where to for Black Economic Empowerment? |
The rise and fall of the black capitalist. Read more...
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The Empowerment Scorecard Database |
Is your BEE scorecard certificate on Financial Mail's National Empowerment Scorecard Database? Read more... |
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BEE deals may have to be renegotiated |
Many of the black economic empowerment (BEE) deals struck in recent years after painstaking negotiations may have to be renegotiated — a blow to the Department of Trade and Industry’s goal for an unprecedented 25% of the economy to be in black hands by 2017, according to analysts. Read more... |
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The dti-SANAS awards certificates to first BEE Verification Agencies |
The Department of Trade and Industry (the dti) together with the South African National Accreditation System (SANAS), awarded certificates to the country’s first Broad-Based Black Economic Empowerment (B-BBEE) Verification Agencies in Pretoria on the 12th of February 2009. Read more... |
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Request for comments on Construction and Forestry Sector Charters |
Interested parties have until 5 February 2009 to comment on the Construction and Forestry Sector Charters on B-BBEE. Read more... |
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Transport Sector Charter gazetted |
The Department of Trade and Industry on the 24th of December 2008 gazetted the Integrated Transport Sector Charter, to address key transformation issues relating to the national transport industry. Read more... |
