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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 Read the full story

Commission receives over 100 B-BBEE major transactions

Over 100 major Broad-Based Black Economic Empowerment (B-BBEE) transactions have been received by the B-BBEE Commission, which is currently assessing them. “As at 25 August 2017, the B-BBEE Commission has received 148 major B-BBEE transactions, in line with the requirement Read the full story

Lack of government entities’ cooperation hindering transformation – B-BBEE Commission

“It is extremely difficult to find a place for the so-called ‘once empowered always empowered’ in the situation where 20 years after the adoption of the Constitution of South Africa, so much disparity and economic divide exists; these were the Read the full story

Potential BEE shareholders advised to read the fine print

Shareholders should familiarise themselves with company documentation before they sign into ownership of companies as Broad-Based Black Empowerment (B-BBEE) partners. This was highlighted by the Director responsible for Compliance at the B-BBEE Commission, Ms Busisiwe Ngwenya. She was speaking at Read the full story