New B-BBEE Affidavit
The old B-BBEE affidavit was just a few words and we fitted it neatly into the body of a certificate by myself as a Commissioner of Oaths. It looked pretty good, but now they’ve gone completely overboard, making life for the small businessperson far more complicated than it needs to be.
Here’s the original –
And here’s the new one –
So what have thay achieved?
Now you have to state what percentage of your shareholding is held by –
Black people in rural areas
Black military veterans
Really? None of these make any difference whatsoever to your score because your company is Exempt! So why waste all that time and energy?
And what valid Affidavit would carry these words? “Please confirm the below by ticking the applicable box”
And what valid affidavit includes the definitions of “Black Persons” and “Black Designated Groups” in the description of the enterprise that you represent?
What absolute rubbish.