Archive | B-BBEE

Enterprise & Supplier Development Expo nurtures opportunities and growth for SMMEs

Running alongside the 12th annual Smart Procurement World Indaba is the 7th Annual Absa Enterprise & Supplier Development (ESD) Expo. The Expo forms part of the largest market access event between big businesses, government and black owned business. The Absa ESD expo will be held at Gallagher Convention Centre from 18 to 19 September, with […]

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BEE Matrix SA on the wrong side of B-BBEE

The B-BBEE Commission has found that BEE Matrix SA (Pty) Ltd issued B-BBEE certificates contrary to verification procedures and Codes of Good Practice, and BEE Matrix SA (Pty) Ltd has agreed to implement remedial recommendations made by the B-BBEE Commission, which include a full audit of B-BBEE certificates for 2015-2017 and refund of fees to […]

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Posted in B-BBEE Act, B-BEE Codes0 Comments

No to B-BBEE Certificates that are not SANAS Accredited

The B-BBEE Commission advises entities and organs of state to reject B-BBEE certificates that have been issued by verification agencies or professionals who are not accredited by South African National Accreditation Systems (“SANAS”) as such B-BBEE certificates are invalid for lack of authority and mandate to issue them. A list of SANAS Accredited agencies is […]

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More companies are fronting their workers – BEE Commissioner Ntuli

The Commissioner of the Broad-Based Black Economic Empowerment (BBBEE) Commission, Ms Zodwa Ntuli says more and more companies are fronting their employees through trusts. Ntuli was speaking in Parliament today where she briefed Members of Parliament belonging to the Select Committee on Trade and International Relations on the work of the Commission since its inception […]

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Sugarcane farmer sweetens opportunities for his local community

A KwaDukuza farmer is steadily using his agricultural knowledge and experience to change his community. Bhekuyise Elias Magwaza, owner of Ngqobeni Farm, has committed himself to mentoring emerging sugarcane farmers in his area with the aim of seeing more black farmers succeed. Although Magwaza started out as a driver transporting workers on a farm, his […]

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B-BBEE Commission to host annual conference on improving state procurement

State procurement will come under the spotlight at the Broad-Based Black Economic Empowerment (B-BBEE) Commission’s annual conference that will take place at the Gallagher Convention Centre in Midrand on Tuesday, 15 March 2018. The theme of the conference, Improving State Procurement for Real Empowerment, aimed at finding effective ways in which the state can make […]

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Posted in B-BBEE, Government0 Comments

The BMF congratulates Fani Titi on Investec CEO appointment

The Black Management Forum (the BMF) has congratulated Mr Fani Titi on his appointment as a joint Chief Executive Officer of Investec. The black lobby group said Titi was a competent business leader with proven business acumen which he has displayed over the years in his diverse and remarkable rise in corporate South Africa. Investec […]

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Posted in B-BBEE, Featured0 Comments

Land Bank partners with KfW Development Bank to grow local agricultural sector

The Land and Agricultural Development Bank (“Land Bank”) today announced the signing of a R900-million term loan facility secured through the German Development Bank, KfW. The facility is set to provide a much-needed boost to agricultural development in South Africa. In a first for KfW, the loan has been priced in local currency with favourable […]

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Posted in B-BBEE, Enterprise Development0 Comments

A South African place in the world, Cyril Ramaphosa in Davos

By Tshetlhe Litheko. The World Economic Forum in Davos each year is a meeting of global policy makers with business leaders, and with each conference I seek to understand South Africa’s place in the world. Since the Radical Economic Transformation (RET) has undertones of nationalism and the conference is more designed to check the pulse […]

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Boksburg company scores a double at National Premier Business Awards

A Boksburg-based Gauteng company scored a double when it scooped two awards at the fifth edition of the South African Premier Business Awards. Winners were announced at the awards ceremony that was hosted by the Department of Trade and Industry (the dti) in partnership with Brand South Africa and Proudly South African at the Sandton […]

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