LATEST BBBEE NEWS
View the latest BBBEE news and insights from our industry experts.
Honeycomb BEE Celebrates 5 Years at #1 in Top500 Rankings
Honeycomb BEE Celebrates 5 Years at #1 in Top500 Rankings We’re excited to announce that we have, once again, been honoured as the Top BEE Verification Agency in South Africa, earning the #1 spot in the Top 500 Best Managed Companies for the fifth year. The Top 500...
Legal Sector Code Officially Approved by Minister
Legal Sector Code Officially Approved by Minister The Minister of Trade, Industry, and Competition Minister, Parks Tau, has officially approved the Legal Sector Code in accordance with section 9(1) of the BBBEE Act. This development is set to advance BBBEE...
How the Public Procurement Act Affects Your Business
How the Public Procurement Act Affects Your Business The recent signing of the Public Procurement Act, officially Act No. 28 of 2024, by President Cyril Ramaphosa marks a pivotal moment for businesses seeking to engage with government entities in South Africa....
PPRA Reverse Strict BEE Compliance Rules for Property Sector
PPRA Reverse Strict BEE Compliance Rules for Property Sector South African business advocacy group Sakeliga has announced a victory regarding the enforcement of high-level Broad-Based Black Economic Empowerment (B-BBEE) compliance requirements. The Property...
What the New Legal Sector Code Means for BBBEE Compliance
What the Draft Legal Sector Code Means for BBBEE Compliance If you’re a business owner in South Africa’s legal sector, navigating the ever-changing landscape of Broad-Based Black Economic Empowerment (BBBEE) legislation and compliance is crucial. The draft Legal...
PPRA Clarifies Its Stance on BBBEE Certificate Policy
PPRA Clarifies Its Stance on BBBEE Certificate Policy The Property Practitioners Regulatory Authority (PPRA) has updated its policy on BBBEE certificates. In a recent letter to Rebosa’s CEO, Jan le Roux, PPRA Chairperson Dr. Steven Ngubeni clarified that “valid” BEE...
Women’s Day 2024 Sponsorship
NATIONAL WOMEN’S DAY Celebrating the strength and resilience of women shaping our world. In celebration of National Women's Day, Honeycomb proudly celebrates the extraordinary women who are making waves in the business world. On August 9 2024, we marked this...
Nelson Mandela Day 2024 Sponsorship
In honour of Nelson Mandela Day, our dedicated Honeycomb staff came together on 19 July 2024 to donate food hampers to 110 Benoni families in need. With our head office in Benoni, this initiative was a collaborative effort to uplift the very community we share with...
Navigate B-BBEE Compliance: QCTO Learnership Registration Essential for Skills Development
Implementation of QCTO for Learnerships (Category B,C,D) for Skills Development From 1 July 2024, all Learnerships must be registered with the Quality Council for Trades & Occupations (QCTO). This applies to Learnerships in Category B, C, and D as outlined in the...
Employment Equity Amendment Bill: What Does This Mean for SA Business Owners?
On 12 April 2023, President Cyril Ramaphosa signed into law the Employment Equity Amendment Bill of 2020. This bill amends the Employment Equity Act 55 of 1998 which aims to promote a more diverse and equitable workforce. The bill was initially passed by Parliament on...
Honeycomb BEE Ratings & The Mining Industry
As leaders in the B-BBEE field, we are one of the few Verification Agencies accredited under all of the sector codes; one of the key sectors we pride ourselves on as experts on is the Mining Sector. The B-BBEE Codes of Good Practice specify the targets to be met in...
B-BBEE Trusts and their legitimacy as true Ownership Models
Honeycomb BBE Ratings proudly implements and utilises B-BBEE Legislation as our sole basis for points awarded when conducting Verifications of Measured Entities. Our Team consists of experienced directors and staff, who are highly trained in the BBBEE Codes of Good...
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