History of the Codes The release of The Codes of Good Practice in 2007 follows the publication of the Broad-Based BEE Act of 2003 and the BEE Strategy Document. Prior to this, there was only an outline of a scorecard as well as weightings but no detail on measurement principles or application of this scorecard. […]
Author Archives: HRS Group
B-BBEE: Fronting and Consequences
South African businesses are under pressure to comply with, and actively implement B-BBEE. In the race for business, there may still be enterprises that are relying on the distortion of information in order to achieve these ratings. What is fronting? Fronting is a deliberate or attempted evasion of the B-BBEE Act and the Codes of […]
B-BBEE: Understanding the Challenge
Black Economic Empowerment (BEE), as within the past several years, continues to remain a hot topic of discussion in 2016. Our business leaders are faced with the challenges of understanding the complexities of the Codes, whether they drive small or big organisations on a day to day basis. The future of these enterprises is […]