LATEST BBBEE NEWS

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...

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 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 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 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...