OUR NEWS
10 STEPS TO BECOMING A BEE COMPLIANT BUSINESS
POSTED ON: 17/05/2019
T
he BEE scorecard encourages businesses to push for economic growth, specifically focusing on people of colour in South Africa. It is based on the concept of offering incentives through additional business. Economic growth begins with skills development involving training and hands-on development through employment equity and the development of new business.
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AMENDMENTS TO B-BBEE SECTOR CODES AND WHY THESE SHOULD MATTER TO YOU
POSTED ON: 17/05/2019
U
nder the B-BBEE Act, recent Amendments have been made to the Defense Sector Code and Chartered Accountancy (CA) Sector Code.
With Preferential Procurement forming a crucial part of the BEE scorecard, LFP Group’s Company Secretary and Compliance Manager, Shawn Swiegers says that Amendments to Sector Codes affect any business procuring from companies within these sectors. “Preferential Procurement makes up 23% of your overall BEE scorecard,”
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