Strict B-BBEE Compliance Now Non-Negotiable for SA Real Estate Agents.
The Property Practitioners Regulatory Authority (PPRA) has declared that compliance with B-BBEE (Broad-Based Black Economic Empowerment) regulations is now mandatory and non-negotiable for all real estate agencies in South Africa with a certain turnover level. This […]
How to prepare for your B-BBEE Verification.
Regardless of whether your company is a Start-up Enterprise, a Private Company, or a Close Corporation, Listed or Unlisted, operating in South Africa has changed drastically in the past years […]
Are you familiar with the basics of a B-BBEE Verification?
Irrespective of your selected B-BBEE Verification Agency, the duration of your company’s B-BBEE Verification should not take more than 3 months, from the commencement date to obtaining your final B-BBEE […]
What the verification period refers to?
To simplify, the verification or measured period refers to your company’s official 12-month financial period. However previously in practice, companies were allowed to get B-BBEE verified on any financial […]
The difference between Supplier Development and Enterprise Development?
It’s quite simple actually as the element name provides clarity in itself: “Supplier Development” refers to assistance provided to a current supplier during your measured financial period (i.e. this […]
The Creation of Smart Value: Adding to ESD Initiatives
Though the 2013 General Amended Codes and the 2019 Amendments have brought about significant changes in how companies approach and regard B-BBEE compliance, “keeping it simple” still works. The […]
