LATEST BBBEE NEWS

How ESD Drives Real Transformation in South Africa Enterprise & Supplier Development (ESD) is one of the most practical and visible elements of Broad-Based Black Economic Empowerment (BBBEE). Unlike ownership targets or boardroom diversity, ESD plays out in...

Turning the Challenges of BBBEE into Opportunities BBBEE is a cornerstone of South Africa’s economic transformation framework, designed to ensure black-owned businesses play a meaningful role across industries. But for many companies, navigating the BBBEE scorecard...

 The impact of BBBEE on businesses in South Africa goes far beyond ownership requirements or boardroom representation. Its most significant influence lies in the way it reshapes procurement and supply chain dynamics.  Because procurement makes up nearly half of the...

Honeycomb Named Best Managed Company in Top500 Rankings We are thrilled to announce that Honeycomb BEE has been recognised as the Best Managed Company in our sector, according to the prestigious Top500 Best Managed Companies rankings. Achieving this accolade, for the...

Understanding the New ICASA BEE Directive The recent policy directive issued by the Minister of Communications has stirred up confusion across South Africa’s ICT and telecommunications sectors. Many businesses, especially those watching major international entrants...

Affidavits, BBOS and the Hidden Gaps in B-BBEE Compliance The South African B-BBEE landscape is shifting, and not just incrementally. The recent commentary by Commissioner Tshediso Matona, coupled with data presented to Parliament, reflects deep-rooted concerns about...

BEE R100bn Transformation Fund Draft Published: Here are the Facts Minister Parks Tau of the Department of Trade Industry and Competition  has recently released a draft concept for the new BEE transformation plan– an ambitious R100 billion fund aimed at supporting...

What the R100bn BEE Transformation Fund Means for Your Business The South African government has reaffirmed its commitment to transformation with the R100 billion BEE Transformation Fund, an initiative aimed at supporting black-owned businesses and accelerating...

Celebrating 5 Years as SA’s Top BEE Verification Agency In a landscape where trust, precision, and expertise are paramount, Honeycomb BEE has claimed the title of South Africa’s leading BEE Verification Agency for five consecutive years. This remarkable achievement is...

The Legal Sector Code: Navigating Accreditation Challenges The Legal Sector Code represents a critical step toward transformation in South Africa's legal profession, aligning with the BBBEE Act to drive inclusivity and growth. However, while the requirement for BEE...

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 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...