As a South African citizen who has witnessed the transformative impact of Broad-Based Black Economic Empowerment (BBBEE), I strongly believe that scrapping BBBEE would be a step backward in our journey towards a more equitable society. BBBEE is not just Read the full story
In reflecting on the historical context of economic development in South Africa, Kebalepile Matlhako, Transformation Specialist at The BEE Chamber, acknowledges the deliberate strategies implemented during the Apartheid era to stimulate economic growth. “As we navigate the complexities of the Read the full story
As South Africa commemorates Human Rights Day on March 21, Dimpho Sepeng, a young Social Media Manager and part of the marketing team at The BEE Chamber, raises poignant concerns about the persistent youth unemployment crisis in the country. Human Read the full story
With over 13 years of working in the Broad-Based Black Economic Empowerment (B-BBEE) space, Yuneal Padayachy, Chief Support Officer at The BEE Chamber, has witnessed an evolving landscape of transformation. From verifying compliance to fostering inclusivity, his path has taken Read the full story
As the Matric Class of 2023 approaches the end of their school journey, some students might know about Broad-Based Black Economic Empowerment (B-BBEE) from their Business Studies. However, how companies apply B-BBEE and shape their Skills Development programs could significantly Read the full story
The Black Business Council (BBC) strongly condemns the irresponsible and reckless utterances purported to be those of Mr Mteto Nyati regarding transformation and localisation. Mr Nyati is quoted in the Business Times as saying that in order to save Eskom, Read the full story
The 20th of July 2022 was a watershed moment for black business. It was a day that will go down in the annals of history as the first day the ‘Black Industrialists and Exporters Conference’ was ever held. President Cyril Read the full story
Fronting, where a black person or entity is given a stake but does not get the powers associated with it, remains the biggest challenge to the power of the B-BBEE Act to deliver on economic transformation, the B-BBEE Commission warned Read the full story
The new Broad-Based Black Economic Empowerment (BBBEE) Codes of Good Practice amendments that were published in May are coming into effect this December. What must companies expect? Here is an overview: Definition of Absorption – now excludes further training and Read the full story
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, Read the full story