Our Insights

Reset Filters

Filter: B-BBEE Act

The Competition Commission is also an enforcer of BEE

08 February 2022

Companies showing substantial growth, are likely to attract the interest of investors who may want to acquire the company. Should... a company be black-owned and such ownership be dramatically affected by an acquisition, such acquisition my run the risk of being blocked by the Competition Commission.

358

Article

Why Enterprise and Supplier Development cannot be only a tick-box exercise

12 October 2021

While the BEE scorecard is well-intentioned, it should not be treated as a simple checklist, but rather seen as an... instrument to facilitate real transformation. When it comes to building and supporting small black-owned businesses in South Africa, a much longer-term view needs to be taken.

377

Article

Management accounts still OK for BEE verifications?

14 September 2021

My manufacturing business has been growing steadily and I expect it will go above the R50 million turnover mark this... financial year. That said, its not a given, and I’m hesitant to spend on BEE planning before I’m sure we will go over this mark. Will I be able to first wrap up the financial year and thereafter do the necessary BEE expenditure and verify the business using management accounts for the first quarter after the financial year-end?

631

Article