Tag Archive: BEE

Many businesses are reeling from relief over the proposed new amendments to BEE verification.

Many businesses are reeling from relief over the proposed new amendments to BEE verification. The codes have changed from a seven point system down to 5 which makes it easier for companies to get verified. Not only that, but now more points can be scored on each of the 5 codes. This can be maximized when bringing in a BEE consulting company. Not only do they prepare the business for getting verified in the first place, but the BEE consulting firm is also there on a quarterly basis to ensure that the companies BEE status is on track. It is illegal to state that the business is involved in one of the BEE codes and yet in reality to not abide by it or to do so incorrectly.

One of the 5 codes is social development. BEE consulting will ensure that the business goes about this correctly. This code is …

There are an array of avenues to take for BEE consulting in South Africa.

There are an array of avenues to take for BEE consulting in South Africa. There are literally dozens of companies offering BEE consulting in South Africaso there is no shortage. This makes it quite difficult to choose one to go with and where the problem lies. The ideal company is one that is able to help you out not just initially, but for years to come. Applying BEE principles into your business is not a once off thing. It has to constantly be monitored and this is for 2 reasons. The first is that the law in this regard is always being altered to make provisions for advancement. The second is that a company’s score may not always be the same. Depending on current circumstances, they could have an ongoing mentoring placement or charitable outcomes or there could be times that this stuff can be haltered.

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During these …