When it comes to Broad-based Black Economic Empowerment (B-BBEE) compliance, a business requires certain resources in order to comply at different levels. Naturally, enterprises of different sizes will have different resources available to dedicate to their compliance. This article is a practical guide to enterprise types and B-BBEE compliance.
Our previous article on B-BBEE compliance discussed the categorization of enterprises and what it means for their B-BBEE compliance. In this article explains the second differentiation of enterprises according to the legislation: Sector-specific B-BBEE Scorecards.
The Modified Flow-Through Principle relates to the Ownership element of the B-BBEE Scorecard. In this article, we give a concise yet detailed breakdown and examples of this principle which is a critical component of many B-BBEE compliance strategies.
Business ethics has become a way to make money – and everyone wins when businesses operate with a strong ethical code of conduct. In this article we explain how the Corporate Code of Conduct is driving financial success.
In simple terms, a Joint Venture refers to a strategic partnership between two or more enterprises. But what does this mean for ownership and business structure?
A lawyer’s perspective on whether you should do business with friends and family. There’s a good reason why most people warn against this practice. This article explains why, and what the characteristics of a good partner are that you should be looking for.
Are you considering entering into a Joint Venture? This article outlines the most important elements of a Joint Venture Agreement that you should include.
In this article we explain what happens when one member of a Close Corporation passes away. There are 2 parts to dealing with their intests, and we briefly explain the process of each part.
In this article we take a look at the current situation with the Master’s Office and the significant economic impact it’s having in our country. Businesses are effectively taken out of the economy and people are losing their livelihoods, because of conflicting efficiencies (or inefficiencies).
The Protected Disclosures Act enjoins every employer to authorise internal procedures for the receiving and dealing with information about improprieties and to take reasonable steps to bring these internal procedures to the attention of every employee. The provisions of this Act also applies to new businesses and should form part of your first consultation with your advisor.
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