Category: Newsletter

EconoBEE - BEE Points = Business

B-BBEE Certificates should only be issued to compliant entities – EconoBEE Newsletter – 20 August 2013

Open Letter – Submission – B-BBEE Certificates should only be issued to compliant entities Submission: B-BBEE Certificates should only be issued to compliant entities. Summary: We recommend that the dti minister, SANAS and IRBA jointly ensures that BEE certificates only be issued by verification agencies or approved auditors if the...

EconoBEE - BEE Points = Business

Verification Made Easy – EconoBEE Newsletter – 13 August 2013

BEE Verification agencies are getting increasingly difficult. Badly prepared companies are finding it even harder to have a successful verification completed within the timelines required by their customers. The good news is EconoBEE’s Conference – How to prepare for a B-BBEE Verification will equip companies with the knowledge required to...

EconoBEE - BEE Points = Business

Revised BEE Codes Uncertainty – EconoBEE Newsletter – 18 July 2013

You’re receiving this information packed newsletter from EconoBEE Dear [Name] Undoubtedly and certainly unsurprisingly our FAQ for July 2013 relates to the B-BBEE amendment bill (new B-BBEE act) and the revised codes. Like many of our customers we have also been sitting on the edge of our seats waiting patiently...

EconoBEE - BEE Points = Business

DTI closes BEE Portal – EconoBEE Newsletter – 14 May 2013

DTI closes BEE Portal The dti has closed its BEE certificate portal. === PUBLIC NOTICE: Termination of B-BBEE Information Portal (Internet Software Application) The Department of Trade and Industry (the dti) regrets to inform members of the public that the Broad-Based Black Economic Empowerment (B-BBEE) information portal has been terminated...

EconoBEE - BEE Points = Business

Revised BEE Codes Panic – EconoBEE Newsletter – 22 February 2013

You’re receiving this information packed newsletter from EconoBEE Dear [Name] Revised BEE Codes Panic The DTI has been talking about revised codes for some time. Finally in October 2012 they were released. Unfortunately the radical ideas and lack of communication left businesses reeling. Even now businesses are worried about the...

EconoBEE - BEE Points = Business

What’s good for your customers is good for you – EconoBEE Newsletter – 22 January 2013

Help your customer with a good scorecard! Now–a–days every business has been asked for a scorecard. Some respond happily with a good score, others provide excuses as to why nothing has happened, worse though are the ones who deliberately offer incorrect information. Why must you become compliant – because it...

EconoBEE - BEE Points = Business

Enterprise and Supplier Development – EconoBEE Newsletter – 13 November 2012

Enterprise and Supplier Development BEE Procurement, Enterprise Development, Socio-economic Development, Skills Development and Employment Equity – BEE is not only about Ownership or Management etc…, it is about all seven elements which together make up 100 points. Procurement and Enterprise Development are two very important elements making up 35 points...

EconoBEE - BEE Points = Business

Lack of consistency and monitoring will destroy B-BBEE – EconoBEE Newsletter – 5 November 2012

Lack of consistency and monitoring will destroy B-BBEE We have consistently spoken out against lack of consistency in the B-BBEE industry. The newly gazetted Revised Codes need consistency more than anything else. A B-BBEE certificate is an important document, and in many cases, large tenders, orders, business will flow depending...

EconoBEE - BEE Points = Business

Businesses Stand to lose B-BBEE Compliance with New Draft Codes – EconoBEE Newsletter – 16 October 2012

You’re receiving this information packed newsletter from EconoBEE Dear [Name]     Businesses Stand to lose B-BBEE Compliance with New Draft Codes The new draft BEE codes proposed by the dti will alter the current points rating of most companies. A business that currently earns 65-75 points and is rated...

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Briefing Session on Revised B-BBEE Codes – EconoBEE Newsletter – 05 October 2012

Impact on your current scorecard The revised B-BBEE Codes of Good Practice will have a major impact on your current B-BBEE certificate. Even though they have only been issued as a draft for comment, preparation needs to start immediately. We will be hosting a series of highly informative briefing sessions...

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Revised B-BBEE Codes of Good Practice – Briefing – EconoBEE Newsletter – 03 October 2012

Impact on your current scorecard The revised B-BBEE Codes of Good Practice will have a major impact on your current B-BBEE certificate. Even though they have only been issued as a draft for comment, preparation needs to start immediately. We will be hosting a highly informative session in October which...

EconoBEE - BEE Points = Business

Supplier Development – New Element – EconoBEE Newsletter – 21 September 2012

    Enterprise Development – Developing business to be sustainable and grow Enterprise development is worth 15 points on the generic scorecard and 25 on the QSE. The revised codes are talking of combining ED with Preferential Procurement and calling the new element Supplier Development which will then be the...

EconoBEE - BEE Points = Business

New act, new codes and new challenges – EconoBEE Newsletter – 23 August 2012

New act, new codes and new challenges. On 10th August 2012 cabinet announced that it had approved the Broad-Based Black Economic Empowerment Amendment Act which was published in December 2011 and now cabinet has approved the revised codes of good practice for public comment. Salient features; Reduction of the generic...

EconoBEE - BEE Points = Business

Good Preparation for Verification – EconoBEE Newsletter – 07 August 2012

Good Preparation for verification is the major contributing factor to earning a successful score. EconoBEE’s Prepare for Verification conference aims to make the BEE verification process less stressful by showing you all of the tips and tricks to earn maximum points. Avoiding the Myths The job of a verification agency...

EconoBEE - BEE Points = Business

Avoid the BEE changes affecting your business – EconoBEE Newsletter 21 June 2012

Avoid the BEE changes affecting your business B-BBEE compliance is complex. Each element, each target and then implementing it correctly while earning maximum points can be extremely time consuming and challenging. Despite the challenges each specific BEE sector has it’s own uniqueness which further complicates matters. If your company falls...