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Black Economic Empowerment

Latest News about Broad-Based Black Economic Empowerment (B-BEEE)

Complying with Broad-Based Black Economic Empowerment (B-BEEE) requirements is voluntary, but it may incentivise the private sector to buy from you and it may improve your access to the corporate markets. Additionally, you must be 100% B-BBEE compliant to do business with any government body or public sector. Below are numerous articles and insights examining the far reaching effects of BEE on the South African economic landscape.

Time barring – B-BBEE Commission

The B-BBEE Commission (the “Commission”) is empowered in terms of the Broad-Based Black Economic Empowerment Act 53 of 2003 (the “Act”) and has jurisdiction throughout South Africa. The Commission is charged, among other things, to…

Provided By SchoemanLaw Inc

by Nicolene Schoeman-Louw

B-BBEE – Still an integral part of state organs’ preferential procurement policies

On 4 November 2022, the Minister of Finance (“the Minister”) issued new Preferential Procurement Regulations (“the new Regulations”) under the Preferential Procurement Policy Framework Act 2000 (“PPPFA”). This comes after the Constitutional Court’s…

Provided By Eversheds Sutherland

by Peter van Niekerk

Unpacking affirmative action in the workplace

What is affirmative action? Affirmative action is a mechanism or measure provided for in the Employment Equity Act No. 55 of 1998 (“the Act”) that aims...

by SchoemanLaw Inc

A critical analysis of the BBBEE Commission in adjudicating fronting cases

Cargo Carriers Proprietary Limited v The Broad Based Black Economic Empowerment Commission and Others [case number 76000/2019] and Sasol Oil Limited v The Broad Based...

by Gomotsegang Chauke

Fronting practice

Presidential BBBEE Advisory Council up and running

The Presidential Broad-Based Black Economic Empowerment Advisory Council has held its inaugural meeting. The Council was set up at the beginning of June 2022. It is tasked...

Treasury shines light on Preferential Procurement Regulations

The 2017 Preferential Procurement Regulations will remain in place until 15 February 2023 unless new Regulations are promulgated before that date. In a statement, national treasury...

Adams & Adams achieves top B-BBEE rating

Leading African law firm Adams & Adams has been awarded a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 rating, the highest rating possible in South...

by Adams & Adams

Government tenders and the “invalid” regulations

In 2018 Afribusiness NPC (“Afribusiness”) launched an application in the High Court in an effort to have the Preferential Procurement Regulations issued by the Minister...

by Grant Williams and Matthew Anley

Fluxmans Watch

Strict driving laws starting July 2022 The new Administrative Adjudication of Road Traffic Offences (Aarto) Act is expected to come into force in July 2022. Aarto...

by Fluxmans Attorneys

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Legal Tech Report 2021 – 1

One of the key findings in this year’s LexisNexis SA and the Law Society of South Africa’s (LSSA’s) Legal Tech survey into the legal profession,...

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BEE SCORING

2013 BEE CODES	BEE STATUS	PROCUREMENT RECOGNITION
100+	1	135%
95-100	2	125%
90 - 95	3	110%
80 - 90	4	100%
75 - 80	5	80%
70 - 75	6	60%
55 - 70	7	50%
40 - 55	8	10%