by admin_cl | Nov 22, 2022 | Cenfed Blog
Overview Enoch Godongwana, South Africa’s minister of finance, has passed legislation that frees basic state-owned organisations from having to exclusively contract with BEE-compliant firms during procurement processes. The government’s preferential...
by admin_cl | Feb 9, 2022 | Cenfed Blog
Overview Broad-Based Black Economic Empowerment (B-BBEE) is a factor that affects business, and it is known to correct inequalities placed on black people, along with several other groups in the past through apartheid. However, following 1994 and the end of...
by admin_cl | Feb 9, 2022 | Cenfed Blog
Becoming B-BBEE compliant is one of the best investments a company can make and one of the best ways to make positive contributions towards the South African economy. In the B-BBEE context Skills Development refers to a tailored contribution to the development of...
by admin_cl | Apr 14, 2021 | Cenfed Blog
The past couple of months have been tough for businesses especially with the state of the economic environment in mind. Covid-19 has been affecting many businesses globally, however the impact on B-BBEE is something which is totally unique to South Africa. The impact...
by admin_cl | Jul 21, 2020 | Cenfed Blog
While some business owners are scared off by B-BBEE jargon it is a rather simple government policy. B-BBEE or more specifically Broad-Based Black Economic Empowerment refers to the process by which the government is trying to ensure economic equity amongst race...
by admin_cl | Jul 21, 2020 | Cenfed Blog
In business today it is crucial to get the most out of every idea, option and investment. Getting the most out of an investment in particular is what is predominantly emphasized by businesses. This makes a lot of sense, investing in something should ultimately...
