New Requirements for Construction Industry B-BBEE

The final draft for gazetting of the Amended Construction Sector B-BBEE Codes has been released. There are various interesting changes that will impact heavily on company’s B-BBEE strategies going forward.

The 3 Principles of Tenders in South Africa

By Werner van Rooyen

7 September 2015

www.how2tender.com

Tenders in South Africa are based on three principles:

1. Functionality
2. Price
3. B-BBEE

Functionality

Code of Good Practice is causing confusion

The government is committed to break the barriers that have been hindering small companies from winning tenders. One of the biggest challenges for small companies was the red tape that often would hinder their tender success.

The new B-BBEE Codes of Good Practice

By Werner van Rooyen

www.how2tender.com

8 September 2014

If you are a business owner in South Africa and you haven`t heard of Broad-Based Black Economic Empowerment (B-BBEE) or if you haven`t given it some thought you are going to be left behind in the future.

The new QSE B-BBEE Scorecard

By Werner van Rooyen

www.how2tender.com

20 October 2014

On Friday 10 October 2014 the Minister of Trade and Industry, Minister Rob Davies, published the long anticipated draft Phase 2 B-BBEE Codes of Good Practice for public comment. In Phase 2 the Qualifying Small Enterprise (QSE) statement, Code 600, sets out the guidelines for measuring the B-BBEE Status Level for QSE’s.

The Amended B-BBEE Codes of Good Practice

By Werner van Rooyen

4 May 2015

www.how2tender.com

On 1 May 2015 the new Amended B-BBEE Codes of Good Practice kicks in. There has been a lot of talk about how the new Amended B-BBEE Codes of Good Practice is going to change the B-BBEE Score Cards of all businesses that do not comply with the Amended Codes. Many businesses will drop considerably in their B-BBEE score should they not prepare well in advance to comply with the new Amended Codes.