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…

B-BBEE Commission hosts a webinar with practitioners on B-BBEE ownership structures

The Broad-Based Black Economic Empowerment (B-BBEE) Commission will host a webinar session on 29 September 2020 at 10h00 with practitioners that are involved in advising, negotiating or drafting of governing documents for B-BBEE ownership deals and structures for alignment with the B-BBEE Act. Panellists will share their experiences and keys compliance and governance issues emerging.…

Extension of time for submission of Major B-BBEE Transactions / Compliance Reports and Filling of correspondence and documents to the B-BBEE Commission

Extension of time for submission of Major B-BBEE Transactions / Compliance Reports and Filling of correspondence and documents to the B-BBEE Commission   As you are aware, the President has announced the extension of the lockdown as part of the integrated measures to prevent and contain the spread of COVID-19 in the country, and it…

B-BBEE Commission provincial conference goes to the North-West province

  The Broad-Based Black Economic Empowerment (B-BBEE) Commission will host the North-West leg of its provincial conferences at the Mmabatho Convention Centre, Mahikeng on Thursday, 5 December 2019 from 9:00. The provincial conferences are part of the major education and awareness programme to educate, create awareness, and showcase services of the B-BBEE Commission and various…

B-BBEE Commission makes findings against BEE Matrix SA (Pty) Ltd for non-compliance in issuing B-BBEE verification certificates

MEDIA RELEASE DATE: 13 JULY 2018   The B-BBEE Commission has found that BEE Matrix SA (Pty) Ltd issued B-BBEE certificates contrary to verification procedures and Codes of Good Practice, and BEE Matrix SA (Pty) Ltd has agreed to implement remedial recommendations made by the B-BBEE Commission, which include a full audit of B-BBEE certificates…