Welcome To Bee Rating Solutions

Since 2006, BEE Rating Solutions staff have been involved in the verification industry and completed numerous verifications of Exempt Micro enterprises(EME’s), Qualifying Small Enterprises (QSE’s) and Generic Companies that includes Multi Nationals and JSE listed Companies. We function within the spirit of our tagline “YOUR COMPLETE B-BBEE SOLUTION SINCE 2006 THAT ADDS ECONOMIC VALUE TO YOUR BUSINESS”

We also operate as a total solution with a Consulting Company called BEE Rating Solutions Consulting that advises clients through coaching and guiding clients to improve their B-BBEE scores and two Verification Agencies registered with IRBA called BEE Rating Solutions SA and BEE Rating Solutions Verifications that operate independently with the required “Chinese walls” between the consulting and verification entities.

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Beers News

BROAD BASED SCHEMES BACK IN BUSINESS AND CLARITY ON EMPOWERING SUPPLIERS

The DTI released a “Revised Notice of Clarification” in the Government Gazette 38799 issued on 15th  May, signed off on the 12th  May 2015, this time by Minister Davies himself. The wording is this Gazette has been slightly amended but the dreaded paragraph 1 (d) has been omitted. This means the old rules apply once again to Broad Based Schemes including Employee Ownership Schemes .

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THE DTI HAS JUST KICKED BROAD BASED BLACK OWNERSHIP IN THE TEETH FOR THE SECOND TIME!

DTIThe Revised Codes of Good Practice increased the benefit that a New Entrant can receive to qualify as New Entrant under these Codes and ad to the score as a New Entrant in the business they hold shares in from R20m to R50m. This clearly flied in the face of broadening the Black Ownership base in South Africa and allowed Black Shareholders  that had already  benefitted from Ownership transaction in the past to stay in the wings as possible New Entrants.

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DTI CLARIFIES ISSUES AROUND THE REVISED CODES

The DTI clarified some important issues around the implementation of the B-BBEE Revised Codes of Good Practice with the Government Gazette general notice 369 of 2015 published on 5 May 2015. Here are the important points:

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