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Amended B-BBEE Code

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BBBE Code Amendments

As of the 01st of December 2019, verified companies will be audited based on the newly amended BBBEE Code. These amendments highlight the governments’ emphasis on the country’s zero-tolerance policy around non-compliance.  These B-BBEE Code amendments were proposed on the 31st of May 2019 and have looked to address outstanding issues and reduce Gazetting costs.  […]

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Enterprise Supplier Development

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What is Enterprise Supplier Development (ESD)? Enterprise Supplier Development, especially in a South African context, refers to affirmative action taken by corporations aimed at promoting economic transformation. Supplier Development vs Enterprise Supplier Development: Supplier Development: Looks at your current supplier database  Enterprise Supplier Development: Focuses on Suppliers that are not yet on your database (This […]