News

NEWS

WSP & ATR Submissions Extended!

The Department of Higher Education and Training has granted another extension for the submission of WSP & ATRs for the financial year 2020/2021.

Due to the national lockdown and various other issues, there have been delays in the submission of WSP and ATRs. This has motivated the Department of Higher Education and Training to extend applications for mandatory grant submissions 2019/2020 to the 31st of July 2020.

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Fresh Deeds with Honeycomb BEE Ratings

Amidst the battles of the present world, South Africans and organisations have once again been armed with a can-do and positive attitude.

We have seen a rejuvenated sense of community and social cohesion from South Africans trying to help alleviate the lockdown load for families across communities.

Companies, those who have been fortunate enough to, seem to have reignited their Corporate Social Responsibility (CSR) and how seriously they are taking their work with key stakeholders: the community, employees, consumers, and the environment.

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Coronavirus Pandemic

During the unrelenting grip of the coronavirus pandemic, Honeycomb BEE Ratings has continued to be committed to assisting our clients efficiently and effectively despite the effects and impacts the nation-wide lockdown has had on businesses, society, and our economy.

Through our efforts, we have managed to carry on doing what we can to support the growth, development, and sustainability of our economy, society, and businesses by operating remotely.

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Extended deadline for Workplace Skills Plan and Annual Training Report

The Department of Higher Education and Training has announced, in response to the current pandemic South Africa is facing, that all companies have been given an extension to submit their Workplace Skills Plans and Annual Training Reports by the 31st of May 2020

The Workplace Skills Plan is a training plan developed by employers indicating what strategic skills interventions will be implemented within the next skills year. The Annual Training Reports are compiled by the employer declaring all training conducted during the previous skills year.

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We hope that you are keeping safe, healthy and busy during these trying times

Many Small Businesses are facing new challenges, as certain measures have been put in place to limit the spread of the Coronavirus (COVID-19). But hang on, there is light at the end of the tunnel, and help is on its way.

The Small Enterprise Development Agency (SEDA) would like to request the assistance from all Small Businesses to complete a quick questionnaire regarding the impact the COVID-19 pandemic has on Small Businesses.

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Submission of important documentation to B-BBEE Commission has been extended with immediate effect!

The B-BBEE Commission has announced an extension for the submission of the Filing of Major B-BBEE Transactions, Compliance Reports, and Correspondence/Documents. 

All Stakeholders and Clients need to file major B-BBEE transactions for registration, submit their compliance reports, submit responses of allegations in a complaint, responses to findings in an investigation, responses for alignment of major B-BBEE transactions and any other relevant deadline to the B-BBEE Commission within 30 calendar days following the end of the lockdown period announced by President Cyril Ramaphosa, which is until midnight on Thursday, 16 April.

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Lockdown will be imposed for the country

President Cyril Ramaphosa, addressed the nation on Monday night announcing that a 21-day lockdown will be imposed for the country, effective from midnight on Thursday 26 March. This comes in the wake of reports from the Department of Health that around 402 people across the country have tested positive for COVID-19.

Honeycomb BEE Ratings would like to reassure our clients that all services will still be conducted remotely. We are more than equipped to continue with your verification process with minimal impact on you, our valued client, while at the same time keeping our clients and staff safe.

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Lockdown

SANAS Procedures Reviewed

Based on the current and escalated pandemic that South Africa is dealing with, SANAS has reviewed the R47-02 procedures in terms of paragraph 18.1.1, which outline that no score can be given without an on-site assessment of an entity, to accommodate B-BBEE Verification Agencies.

The following guidelines have been implemented by SANAS and have specifically been communicated to all B-BBEE Verification Agencies by Mr. Yuneal Padayachy, the Accreditation Manager: B-BBEE, and Mr. Mpho Phaloane, the Executive: Accreditation.

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The President’s state of the nation address held on Sunday evening the 15th of March 2020

The President’s state of the nation address held on Sunday evening the 15th of March 2020, set out several precautionary measures that have been and will need to be taken in regards to COVID-19.

The President announced a national state of disaster, specifically under the banner of the Disaster Management Act (Section 27). This Act is to ensure the well-being of the people of the Republic. A national command council, chaired by the President, has been established and will meet three times a week.

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Welcome Mr Yuneal Padayachy

The Honeycomb Team is pleased to welcome Yuneal Padayachy as the new Accreditation Manager for the Broad-Based Black Economic Empowerment Programme within the South African National Accreditation System (SANAS), an agency of the Department of Trade and Industry.

Mr. Padayachy has over nine years of experience in the B-BBEE and Transformation Environment. In these years, Mr. Padayachy has gained a sufficient amount of knowledge of the South African Constitution, the B-BBEE Act, National Treasury Legislation, the Amended B-BBEE Codes of Good Practice, the Verification Manual, the SANAS R-Documentation, the Equity Equivalent Investment Programmes (EEIP), Enterprise and Supplier Development Programmes and various Industry Charters.

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Honeycomb BEE Ratings Awarded 1st Place in the Top 500 2020 Companies List

Honeycomb BEE Ratings is proud to announce that we have been named, for the second year in a row, as the Best BEE Verification Agency in the BEE Verification Agencies Sector in this year’s Top 500 Best Managed Companies, in South Africa.

The Top 500 Awards select its recipients from the leading and most prestigious South African companies based on stringent performance criteria.

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