Tag ArchivesB-B BEE

Severe consequences of B-BBEE fronting

On the 7th of September 2016, while answering oral questions in the National Council of Provinces, Deputy President Ramaphosa also discussed the severe consequences of B-BBEE fronting by individuals and companies.   For the first time since the B-BEE legislation’s first enactment, fronting has been defined. In essence “fronting” means any practices or initiatives in […]

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Some practical considerations when starting or building a successful business enterprise

As the future of an economy, businesses are the future of a country. It is therefore very important that each business owner recognises their responsibility to greater society while they are considering their personal goals. The unfortunate reality is however, that many businesses under-perform or die before they have actually lived because of poor planning. […]

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