SAB&T BEE Services

Category: Content
Type: Blog Article

Generated 4 days ago

New blog articles detected

  • Unpacked (Preferential Procurement Policy Framework Act)

    The South African tender process can be rather confusing to business owners looking to procure state tenders. The amended Preferential Procurement Policy Framework Act of 2000 (PPPFA) has been aligned with the socio-economic goals laid out by the Constitution regarding Broad-Based Black Economic Empowerment. In... The post Unpacked (Preferential Procurement Policy Framework Act) appeared first on ...

SAB&T BEE Services

Category: Content
Type: Blog Article

Generated 2 weeks ago

New blog articles detected

  • Understanding Black Economic Empowerment in Three Easy Steps

    One need only look at the collection of acts introduced by the British colonial and Apartheid governments to see why the Broad-Based Black Economic Empowerment (B-BBEE) Act was passed by parliament in 2003 and signed into law by then president, Thabo Mbeki, in 2004 –... The post Understanding Black Economic Empowerment in Three Easy Steps appeared first on SAB & T BEE.

  • What’s the Difference Between Employment Equity and Affirmative Action?

    Many business owners use the terms ‘employment equity’ and ‘affirmative action’ interchangeably, but – while both have the purpose of ensuring that the workplace is non-discriminatory, and more representative of the population – there are significant differences distinguishing them. Are you confused by what is... The post What’s the Difference Between Employment Equity and Affirmative Action? appe...

  • Empowering Supplier Status Extended

    NEWSFLASH: One of the changes of the revised BBBEE Codes of Good Practice, which came into effect in May 2015, was the requirement to be a so-called ‘Empowering Supplier’. However, states a press release released by the Department of Trade and Industry, the prevailing economic... The post Empowering Supplier Status Extended appeared first on SAB & T BEE.

  • What is the Equity Equivalents Programme?

    A 2013 report by the South African Communication and Information Department revealed that the Foreign Direct Investment contribution to the economy in 2013 was a staggering $8 Billion. Multinational companies find it difficult to comply with B-BBEE ownership requirements, which led to the development of... The post What is the Equity Equivalents Programme? appeared first on SAB & T BEE.

  • BEE and Skills Development

    Significant changes in the revised Broad-Based Black Economic Empowerment (B-BBEE) codes on 1 May 2015 resulted in skills development becoming one of five priority elements on the B-BBEE scorecard. This element encourages Qualifying Small Enterprises (QSEs) and larger entities to provide accredited training to the... The post BEE and Skills Development appeared first on SAB & T BEE.

SAB&T BEE Services

Category: Content
Type: Blog Article

Generated 4 months ago

New blog articles detected

  • How to spot a fake BEE certificate

    Qualifying Small Enterprises (QSEs) with an annual turnover of more than R10 Million, and larger entities with an annual turnover of more than R50 Million require a BEE compliance certificate in order to procure business from Government. Unfortunately, this has led to the selling of... The post How to spot a fake BEE certificate appeared first on SAB & T BEE.

SAB&T BEE Services

Category: Content
Type: Blog Article

Generated 5 months ago

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