Exempted Micro Enterprises do not have to sell out move up the BBBEE ladder: The Coronavirus pandemic has put insurmountable pressure on small businesses, and it is going to become even more difficult for Exempted Micro Enterprises (EMEs) that do not have Broad-Based Black Economic Empowerment (BBBEE) on their agendas. President Cyril Ramaphosa has intimated repeatedly over the past three months that BBBEE is here to stay and that the Government will aggressively pursue its transformation goals … [Read more...] about Exempted Micro Enterprises do not have to sell out move up the BBBEE ladder – MyPR.co.za
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Bhisho news: Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative
Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative: Eastern Cape Economic Development MEC, Sakhumzi Somyo, has heaped praise on Volkswagen South Africa for the company's commitment to bringing black owned businesses into the forefront of the automotive value chain. Somyo made the comment at Thursday’s ... Source: "Bhisho" - BingNews. Protesting nurse collapses at health department: Nwabisa Songolo, 30, from Peddie was part of a group of more than 150 nursing graduates who have been … [Read more...] about Bhisho news: Bhisho gives thumbs-up to VWSA BBBEE Trust Intitiative
Black-Owned supplier day
Uitenhage based Volkswagen Group South Africa has invited black-owned suppliers to participate in its first ever Black-Owned Supplier's Day. The event will take place at the VWSA PeoplePavilion in Uitenhage, on Thursday, 5 May 2016. Successful applicants will have the unique opportunity of displaying their products and services to VWSA, its suppliers and other automotive OEMs, with a certain possibility of securing significant contracts. "This process stems from our determination to … [Read more...] about Black-Owned supplier day
Free BBBEE Workshop
Propella incubatees and other business owners are invited to attend a free Broad Based Black Economic Empowerment (BBBEE) workshop at the Propella Business Incubator in Humerail. "A number of small to medium-sized manufacturing and information technology companies have asked us to host a BBBEE workshop," says Ellen Fischat, business support manager at Propella. "BBBEE offers a number of opportunities to innovators and entrepreneurs – and they are the people we want to provide a home for … [Read more...] about Free BBBEE Workshop
A good BBBEE scorecard can clinch a life-changing tender
Broad-Based Black Economic Empowerment (BBBEE) is a regime that affects almost all businesses in South Africa and for an expanding business, a good BBBEE scorecard can sometimes be the difference between clinching a life-changing tender as opposed to turning into ashes. Businesses, depending on the classification of the business, have to choose a certain amount of BBBEE elements, of which one may be ‘Enterprise Development’. Enterprise Development (ED) is aimed at assisting or accelerating … [Read more...] about A good BBBEE scorecard can clinch a life-changing tender
Coega scores B-BBEE Level 1 Contributor Status
The Coega Development Corporation (CDC) became the first state-owned enterprise to achieve a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 Contribution Status - the highest BEE achievable status - at the end of March 2014, receiving its official certificate last week. "We are thrilled and excited by this huge achievement, but it has not come without a lot of blood, sweat and some tears. The certification speaks to excellence and also commitment to ensuring that people we work with … [Read more...] about Coega scores B-BBEE Level 1 Contributor Status
Dti Gazettes BBBEEAB
Trade and Industry Minister Rob Davies has gazetted the Broad-Based Black Economic Empowerment Amendment Bill (BBBEEAB), which aims to align the B-BBEE Act with other legislations impacting on black economic empowerment. The amendments also aim to establish a B-BBEE Commission that will set up an institutional environment for monitoring and evaluating black economic empowerment. It also provides for the regulation of the verification industry by the Independent Regulatory Board of Auditors, … [Read more...] about Dti Gazettes BBBEEAB
Local Company Scores Maximum Skills Development Points for BBBEE Level Three
Full marks for training and education has helped specialist tool, jig and die maker, DKT Engineering of Port Elizabeth to qualify for Level Three BBBEE status. The company, which designs and manufactures tools for the automotive, food and other industries, scored maximum points for skills development after it opened a dedicated training centre in 2010. The centre trains artisans in order to meet the growing requirements of the South African market. "Qualified tool, jig and die makers often … [Read more...] about Local Company Scores Maximum Skills Development Points for BBBEE Level Three
