Enterprise development is a cornerstone of South Africa’s Broad-Based Black Economic Empowerment (BBBEE) policy, designed to address the historical inequalities that have shaped our economy. It’s more than a compliance checkbox—it’s a transformative mechanism to stimulate economic growth, foster innovation, Read the full story
As 2024 draws to a close, it’s a timely moment for South African business executives to reflect on compliance with Broad-Based Black Economic Empowerment (BBBEE) regulations. The BBBEE Act and its framework are firmly embedded in South Africa’s policy landscape Read the full story
I have noticed how many business owners and executives still struggle to differentiate the various legal B-BBEE sector codes. This can be particularly confusing when trying to navigate compliance in different industries. Having a clear understanding of sector codes is Read the full story
Fraud in Broad-Based Black Economic Empowerment (BBBEE) tenders strikes at the very heart of South Africa’s efforts to redress the imbalances of the past. As a tool designed to empower previously disadvantaged groups, BBBEE is essential for fostering an inclusive Read the full story
In a significant move towards enhancing efficiency, transparency, and accountability in public procurement processes, the gazetted Public Procurement Act of 2024 (Act) aims to revolutionise the way government entities engage in procurement activities. Keba Matlhako, Transformation Specialist at The BEE Read the full story
In a country as diverse as South Africa, the Broad-Based Black Economic Empowerment (B-BBEE) Act is an essential tool for promoting economic inclusion and transformation. For many young people, especially those in their early 20s, the world of business and Read the full story
The Ports Regulator of South Africa’s (PRSA) Chief Executive Officer, Ms Mukondeleli Johanna Mulaudzi, and the Commissioner of the Broad-Based Black Economic Empowerment (B-BBEE) Commission, Mr Tshediso Matona, have signed a Memorandum of Understanding (MoU) aimed at promoting economic transformation Read the full story
In a country grappling with persistently high rates of unemployment, particularly among the youth, Miguel Correia, B-BBEE Transformation Consultant at The BEE Chamber, emphasises the critical role of Skills Development in driving positive change and transformation in South Africa’s economy. Read the full story
As we celebrate Youth Month, I have noticed there’s still a lot our young people don’t know about the Broad-Based Black Economic Empowerment (B-BBEE) Commission. So, I thought I should write this article to shed some light on this crucial Read the full story
South Africa faces a critical challenge in integrating adults who have not completed high school into the workforce. The 2022 Census indicates that 50% of the adult population in South Africa has not completed Grade 12, a staggering statistic that Read the full story