Category: General

News Just in: Majority of ownership schemes are invalid!!

Ownership is an important priority element and, for years, we at EconoBEE have been saying that ownership needs to be done properly. Ownership deals must show valid economic interest and exercisable voting rights to black people in terms of the BEE Act. Voting rights and economic interest, and not just...

Gender Matters in BBBEE

The representation of women in the business world and economy has historically been a challenge within South Africa, more so in male-dominated professions. In terms of ownership, management control, enterprise and supplier development, skills development and socio-economic development there is recognition given to the representation of women in all five...

Is your BEE Certificate Valid?

BREAKING NEWS – Recently, a very large and well-known verification agency had their accreditation suspended by SANAS due to suspected unethical business practices. As a company, EconoBEE has always been outspoken about doing things right and implementing sustainable BEE transactions. In our line of work, our reputation, our ethics, and...

Learnerships and Apprenticeships List 2019

Please contact 011 483 1190 or email info@econobee.co.za for more information regarding the learnerships and apprenticeships on offer and the booking thereof.   Construction: Learnerships NQF SAQA Duration General Education & Training Certificate: Construction 1 49411 12 months National Certificate: Construction Road Works 2 24133 12 months National Certificate: Construction...

enterprise and supplier development

Enterprise Development within South Africa’s Current Economic Landscape

With the return of load shedding and a relatively flat economic growth trajectory, one could be forgiven for thinking that the business outlook is sluggish. How can we grow the economy and create a better South Africa for ourselves and generations to come? There are many reasons for our current...

Part Two of the Two Part Series on Skills Development:

Skills Development is not as expensive as you may think. The Skills Development Act aims to develop the skills of the South African workforce, thereby improving the quality of life for workers and giving them more prospects of work. It also aims to improve productivity in the workplace, the competitiveness...

Part One of the Two Part Series on Skills Development:

We can help alleviate your Skills Development pressure The Skills Development element can be a headache when you are trying to improve your B-BBEE scorecards. Previously, QSE’s could avoid this element by complying with other elements on the scorecard. This is now no longer possible and if QSE and Generic...

Say YES to Matriculants and move up by 2 BEE levels

Welcome back from all at EconoServ! We hope that you had a wonderful festive season and are ready to start the year off. We are very excited about 2019 and what the year has to offer! We have updated our website to include our 2019 calendar of events and have...

2019 Workshops – Johannesburg:

  Seats are limited so advanced booking is recommended. To reserve a seat, or for more information please send an email to info@econobee.co.za or contact us on 011 483 1190.   We look forward to seeing you there!   Please note: All prices exclude VAT DATE WORKSHOP TITLE PRICE 12...

2019 Workshops – Durban:

  Seats are limited so advanced booking is recommended. To reserve a seat, or for more information please send an email to info@econobee.co.za or contact us on 011 483 1190. We look forward to seeing you there! Please note: All prices exclude VAT   DATE WORKSHOP TITLE PRICE 26 March...

2019 Workshops – Cape Town:

  Seats are limited so advanced booking is recommended. To reserve a seat, or for more information please send an email to info@econobee.co.za or contact us on 011 483 1190. We look forward to seeing you there! Please note: All prices exclude VAT DATE WORKSHOP TITLE PRICE 03 April 2019...

What is your company’s transformation plan?

I sat in another meeting today where the topic of the end of BEE was brought up. People often ask me when will BEE end? Or why is it still here? Many companies in South Africa are wondering, what is the future? And specifically what is the future of BEE?...

KZN here we come!

EconoServ has some exciting news… We have been in the BEE industry for over 10 years and are leaders in transformation. We currently service clients all over South Africa on our wide range of transformation services. We are extremely excited to announce that we are opening up an office in...

PPPFA Halfday Workshop

National Treasury published the Final PPPFA Regulations on the 20th January 2017.The Preferential Procurement Policy Framework Act covers how organs of state must publish and evaluate tenders. If you do work for the government or want to do work for the government, the session would be beneficial for you. Course content Overview...

Enterprise and Supplier Development

Enterprise and Supplier development is not only a priority element on the BBBEE Codes, it is a critical element to ensure you achieve a high BEE score. Procurement managers need to consider every supplier’s BEE status. Supplier Development needs a long-term, sustainable view to fully integrate into the inner workings...

Ownership Structuring

Ownership is a key element on the Broad-Based BEE Scorecard accounting for nearly one-quarter of all BEE points and a critical tool to ensure full compliance with other policies. If you are going to do the deal, do it right. If you are going to do the deal, do it...

How to win with your verification agency

The purpose of the verification is to ensure that you have an accurate representation of your scorecard. Course Content Representation of correct documents supported by suitable evidence for all initiatives done by the company. How to reduce the risk of misstatement of individual scorecard and provide assurance of the information...

Practical Implementation of the Amended B-BBEE Codes

Introduction: The Amended Codes have now been gazetted and come into effect on 1st May 2015. These new codes will have an impact on the strategies that you need to implement. It will change the way you approach BEE and most importantly it will change the way your customers view...

How to prepare for your WSP & ATR admissions

Course Content: Skills Development Act and Skills Development Levies Act Sector Education Training Authorities(SETAs) Role of the Skills Development Facilitator Skills Development Committee Workplace Skills Plan and Annual Training Report Learnerships Mandatory grants and discretionary grants Tax Allowances Skills Development & BEE Step by step process on how to complete...

Construction Sector Codes

 Practical Step by Step Seminar: Knowledge of B-BBEE and in-particular the Amended Codes is vital to a long-term BEE strategy, however, knowledge will only take you to a point. Our experts have not only gathered an immense amount of knowledge on this topic but they have already implemented and calculated...

Labour Law Full-day Workshop

Executive Summary The Labour Relations Act which was recently amended governs labour practices such as disputes and dismissals. Procedurally incorrect or substantively unfair dismissals are costly, especially if they are referred to the CCMA or Labour Court. Join us for a practical session on the Amended Labour Relations Act and how...

Employment Equity Half Day Workshop

Course Content: We cover very briefly the theory of B-BBEE, with the focus on employment equity and management control. We will discuss the EE act and recent amendments. EE reports needed to be submitted by 15 January – we will cover briefly what these reports are but more importantly focus...

Employment Equity Reports

Submitting Employment Equity Reports

Submitting your Employment Equity reports is a requirement of the EE Act. We can assist you to submit. Click here or you can gather an enormous amount of free information from our website All designated employees are expected to submit their Employment Equity (EE) reports annually to the Department of...

bee ownership

How to sell part or all of your business for profit. How do the new codes affect ownership. Are you ‘giving away’ your business? Not if you plan property.

Ownership on the new codes has made the scorecard increasingly more difficult and companies have no choice but to explore their options. It accounts for nearly one quarter of all BEE points and a critical tool to ensure full compliance with other policies. We realise that making a decision to...