President Cyril Ramaphosa approved the Public Procurement Bill on 23 July 2024, marking a pivotal step towards streamlining and regulating public procurement practices across South Africa. The enacted legislation establishes a unified framework designed to oversee the procurement activities of all state organs.
Continue reading370 Qualifications Receive an Extension from QCTO
Exploring Employment Equity Regulations
A Shift in Skills Development on the Horizon
The QCTO changes being implemented have the potential to not only significantly impact your skills development plan reporting to the SETA, but also your BEE scorecard. It is important to consider these changes carefully and take any necessary steps to ensure that your company remains compliant and achieves its desired outcomes.
Continue readingFSCA and BEE Commission Forge New Collaboration
The Financial Sector Conduct Authority (FSCA) and the BEE Commission have joined forces through a recent Memorandum of Understanding (MoU) to enhance collaboration between the two entities and to foster transformation in the Financial Sector.
Continue readingDraft Regulations on Proposed Sectoral Numerical Targets
The Minister of Employment and Labour, Thulas Nxesi, has released a Notice regarding the Draft Regulations on Proposed Sectoral Numerical Targets for public comment, in anticipation of the implementation of Section 15A of the Employment Equity Amendment Act No. 4 of 2022.
Continue readingLatest Update in Construction
Fronting and Misrepresentation in the BEE Industry
New Integrated Transport BEE Sector
Compulsory to submit B-BBEE certificates to Sector Councils
SANAS formally announced that, in future, all BEE certificates should be submitted to Sector Councils, by the client. Verifications Agencies must receive proof of submission during a verification process. In the Financial Sector, failing to submit could lead to a 1 Level penalty.
Read more below about these new changes.
BEEA_BBEE CERTIFICATES TO SECTOR COUNCIL
Contact us today to assist you with these changes.
Contact: Jaco Jacobs
Office: 012 997 0037
E-mail: consult@beeanalyst.co.za









