Did you know that not all companies need to undergo the formal verification process to obtain a B-BBEE certificate? The B-BBEE Codes make provision for certain companies to achieve automatic […]
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 […]
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 […]
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 […]
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 […]
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 […]