EconoServ | BBBEE & HR Blog

Scheming schemes

We pride ourselves on helping our clients get the best BEE score, in the best possible way, making perfect business sense in the most economical way.We know the BEE codes and the right strategies to adopt. We also understand the risks associated with BEE. We do not want our clients...

EconoBEE - BEE Points = Business

Implementing the Amended Codes – EconoBEE Newsletter – 11 Feb 2016

        Implementing the Amended Codes Changes to the BEE legislation will cause most businesses scores to drop substantially which will substantially limit their competitiveness in the market place. Alternative activities to earn points such as changing suppliers might require a radical directional change in business thinking and...

Are you an Empowering Supplier?

Do you qualify to be an Empowering Supplier? An answer of NO could seriously impact your BEE status. If a company fails to meet the Empowering Supplier Status requirements then their entire scorecard is not able to be used by their customers. It is therefore vitally important to ensure that...

EconoBEE - BEE Points = Business

Time to Abolish the Sector Codes – EconoBEE Newsletter 13 October 2015

Our last newsletter “Overlapping Rating Periods – Right or Wrong” received such a wonderful response. Unsurprisingly it is a very controversial aspect of current verification preparation. Hopefully we will see some positive responses from the DTI to accommodate the unfairness caused by the DTI’s delayed announcement. Time to Abolish the...

employment Equity

Employment Equity Reporting 2017

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 Each year people are required to remember many different things. For example, every year you remember to...

Time to Abolish the Sector Codes

The sector codes have been a problem since the day they were first released. They add no value to the transformation process – in fact many companies use the “imminent release” of a sector code as a reason to continue delaying their own BEE activities. Companies choose to follow a...

EconoBEE - BEE Points = Business

Overlapping Rating Periods – Right or Wrong – EconoBEE Newsletter – 1 October 2015

  Overlapping Rating Periods – Right or Wrong BBBEE Compliance is a complex set of rules and regulations. Coupled with differing interpretations and confusion from DTI, Verification agencies, Consultants and companies themselves, it is sometimes quite daunting. Unfortunately we once again have a rather important issue to debate because of...

EconoBEE - BEE Points = Business

BEE Success or Failure – EconoBEE Newsletter – 10 September 2015

  BEE Success or Failure In every facet of business life in South Africa, Broad Based Black Economic Empowerment plays a substantial role. Since BBBEE is so important for business in South Africa why then are so many falling short on their own targets, or becoming overwhelmingly frustrated at having...

BEE Success or Failure

In every facet of business life in South Africa, Broad Based Black Economic Empowerment plays a substantial role. Since BBBEE is so important for business in South Africa why then are so many falling short on their own targets, or becoming overwhelmingly frustrated at having to meet seemingly impossible legislative...

Dismissals – procedure for success

Human resource management in any business is such an important job. Your employees are a valuable resource to your company in the same way that a chemical resource is important to a soap manufacturer, if not more so. The HR department has important roles in the success of any business...

Labour Law – Winning at the CCMA – EconoBEE Newsletter – 26 August 2015

  The entire EconoBEE team is very pleased to announce that our partners EconoHR will be hosting the first in a series of events covering technical Labour Law practices. Executive Summary The Labour Relations Act which was recently amended, governs labour practices such as disputes and dismissals. Procedurally incorrect or...

So you need to become compliant?

If you need to be compliant, you will need to follow a long term process, that in the end becomes a habit. If you cannot answer “Yes” to every question in this checklist, you are likely to fail, or not achieve your own targets. 1) Does the board of directors...

EconoBEE - BEE Points = Business

The Big Impact of BEE on your Business

How big is the impact of the Amended Codes on your scorecard and business? Perhaps your business was generic – between R35 and R50 million – now you will be a QSE. Perhaps you previously achieved a level 2 using the QSE scorecard or perhaps you used the generic scorecard...

EconoBEE - BEE Points = Business

The Customer is King – EconoBEE Newsletter – 9 July 2015

The customer is king! Every business owner knows that their customers are ultimately their boss. Although a cliche, the reality is exactly that, the customer can dictate the products, services and even sometimes the price they are prepared to pay. If the customer isn’t happy then they have the choice...