The 2022 PPPFA regulations have not exempted organs of state and public entities from implementing B-BBEE as part of the preferential procurement

MEDIA RELEASE DATE:  09 NOVEMBER 2022 THE 2022 PPPFA REGULATIONS HAVE NOT EXEMPTED ORGANS OF STATE AND PUBLIC ENTITIES FROM IMPLEMENTING B-BBEE AS PART OF PREFERENTIAL PROCUREMENT    The B-BBEE Commission has noted the newly issued PPPFA Regulations of 2022, and confirms that the Regulations have not removed the obligation for organs of state and…

B-BBEE Commission Annual Report on National Status and Trends on B-BBEE Show Stagnation in changing Ownership Patterns

MEDIA RELEASE DATE: 31 JULY 2022   B-BBEE COMMISSION ANNUAL REPORT ON NATIONAL STATUS AND TRENDS ON B-BBEE SHOW STAGNATION IN CHANGING OWNERSHIP PATTERNS The B-BBEE Commission has released the report on the National Status and Trends on broad-based economic empowerment (B-BBEE) for the calendar year 2021, which shows a 1.5% shrinkage in the levels…

B-BBEE Annual Conference To Reflect On The 18 Years Of The B-BBEE Policy and Legislation

  The B-BBEE Commission will be hosting its annual conference on 01 April 2022 under the theme “Broad-Based Black Economic Empowerment, Quo Vadis?”. The 2022 Annual B-BBEE Conference will be officially opened by an address from the Deputy Minister of Trade, Industry and Competition, Ms. Nomalungelo Gina, and the keynote address will be made by…

Call for proposals: Improved and Effective Implementation of the Broad-Based Black Economic Empowerment Act

Call for proposals Ref: BEEC – AC5/010/2021   Improved and Effective Implementation of the Broad-Based Black Economic Empowerment Act   This year marks 18 years of the B-BBEE Act and the Broad-Based Black Economic Empowerment Commission’s (“B-BBEE Commission’s”) annual conference will seek to focus on improving the effectiveness of B-BBEE in South Africa. The B-BBEE…

White people, Foreign nationals, Permanent residents, do not qualify for a benefit under the B-BBEE Act: It is illegal conduct

MEDIA RELEASE DATE: 14 OCTOBER 2021   The B-BBEE Commission appeals to organs of state and public entities to enhance due diligence processes to detect and reject invalid B-BBEE claims made by entities during procurement, licensing, granting of economic incentives, sale of state assets or public private partnership processes to ensure compliance with the B-BBEE…

Vicky Adey Consulting CC Withdraws from Government panels and Surrenders for Cancellation its CIDB Grading for Misrepresentation of B-BBEE Status

  Following the findings of misrepresentation of B-BBEE status made by the B-BBEE Commission, Vicky Adey Consulting CC has agreed to immediately withdraw from each panel of contractors / service providers of any organ of state or public entity, including the Independent Development Trust, Coega Development Corporation and Department of Education Gauteng Province, which were…