Tag ArchivesBBBEE; BBBEE legislation

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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New BBBEE Codes of Good Practice – Time to get a move on!

The BBBEE Amended Codes of Good Practice came into law on 1 May 2015 (already) and it has made fundamental changes to our current BBBEE regulations.  All businesses should speedily assess the impact of these changes on their BBBEE rating/status and generally on their business going forward. Not only has the amount of BBBEE points […]

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