Let’s look at the WHY. A series of blogs tackling the big ‘why’ when it comes to B-BBEE and its core principles. PART 1

Posted on Posted in Uncategorised

WHY does South Africa need BEE? Unemployment, poverty and deep rooted inequality. These are the ruins left by a past of oppression. So how does a country correct this? Or better yet, how do we as humanity correct this? In order for us to better identify the reasons your business needs B-BBEE, we first need […]

Let’s look at the WHY. A series of blogs tackling the big ‘why’ when it comes to B-BBEE and its core principles. PART 2

Posted on Posted in Uncategorised

WHY BEE? This seems like a pretty simple question, however this is a question that often gets asked. We like to explain it with one specific point: We need to dispel the myth that people are responsible for their own poverty. Living in poverty, especially persistent poverty, increases an individual’s likelihood of suffering from anxiety, […]

The Role of Business in Economic Development

Posted on Posted in Uncategorised

A question we often receive is, ‘What is the role of business in economic development?’ Well, let’s start with the meaning of ‘Economic Development.’ According to Caled.org, ‘Economicdevelopment is the creation of wealth from which community benefits are realized. It is more than a jobs program, it’s an investment in growing your economy and enhancing the prosperity and quality […]

New B-BBEE affidavit templates 2020

Posted on Posted in Uncategorised

It’s important to stay up-to-date with changes made by the Department of Trade Industry and Competition to ensure that you are B-BBEE compliant according to the latest regulations. The DTI has released updated B-BBEE affidavit templates that require that annual Total Revenue now needs to be based on Audited Financial Statements or Financial Statements for […]

The YES Initiative has been Gazetted

Posted on Posted in Uncategorised

The YES Initiative has finally been gazetted! Although gazetted a few weeks ago already, we wanted to wait for feedback from the dti’s briefing session held on the 10th of September, so we could include answers to our questions in our communication with our clients on this initiative. However, it seems the dti is not […]