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BEE (Black Empowerment)

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Advisers, advice practices could trip up over COFI licensing rules

Advisers, advice practices could trip up over COFI licensing rules

26 June 2024

Post-Apartheid South Africa is awash with new, race-based legislation that is introducing all manner of compliance challenges for the country’s small, medium and emerging enterprises (SMMEs). In extreme cases, as illustrated by the following account of alleged regulatory overreach, the entities responsible for implementing regulatory change risk causing serious harm to the economy and individual business owners.

The crucial role of B-BBEE consultants when navigating B-BBEE Compliance

The crucial role of B-BBEE consultants when navigating B-BBEE Compliance

30 April 2024
SA Financial Sector transformation in the spotlight

SA Financial Sector transformation in the spotlight

30 April 2024

It has been a year since President Cyril Ramaphosa signed the Employment Equity Amendment Act into law which has empowered Thulas Nxesi, the Minister of Employment and Labour to update thresholds for employment equity for each of the country’s national economic sectors.

Unlocking business success: The crucial role of a comprehensive B-BBEE Strategy

Unlocking business success: The crucial role of a comprehensive B-BBEE Strategy

26 October 2023

The history of South Africa has resulted in a disparity in economic and opportunities disparity based on race and has resulted in many Black people in South Africa not enjoying the same opportunities presented to the rest of the country.

quick poll
Question

COFI is coming, bringing a wave of change for financial planners. Which one of the following disruptors will have the biggest impact on your business?

Answer
An imposition of fines for proposed sector targets for employment equity

An imposition of fines for proposed sector targets for employment equity

16 November 2022
Businesses struggling to meet B-BBEE targets

Businesses struggling to meet B-BBEE targets

27 July 2022
Practice Note provides welcome clarity on broad-based black economic empowerment structures

Practice Note provides welcome clarity on broad-based black economic empowerment structures

26 May 2021
Focus on quality education and skills development to create an inclusive SA economy – not

Focus on quality education and skills development to create an inclusive SA economy – not "box-ticking" compliance

14 August 2020
B-BBEE Fronting is a criminal offence and how to report it

B-BBEE Fronting is a criminal offence and how to report it

24 July 2018
Huge sigh of relief as dti announces postponement of B-BBEE “Empowering Supplier” requirement

Huge sigh of relief as dti announces postponement of B-BBEE “Empowering Supplier” requirement

03 November 2016
B-BBEE amended codes mean higher costs for SA business – Grant Thornton research

B-BBEE amended codes mean higher costs for SA business – Grant Thornton research

17 August 2016
Skills development; a compliance issue that’s failing

Skills development; a compliance issue that’s failing

24 May 2016
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