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 youth Black disabled Black unemployed Black people in rural areas Black military veterans…
BEE
Twenty four years down the track and you still have to know whether you’re black or not! And looking in the mirror won’t help. How utterly ridiculous. Yup. That’s the price we pay for BEE. I figured I would give you the information that you need to determine whether you are black or not black as defined by the B-BBEE Codes. Firstly, you need to be black, Indian, Chinese, or coloured. I suppose you can figure that out thanks to the legacy of apartheid, which the current government still relies on. Next, you have to determine whether you were a…
There is false news circulating suggesting that white women will benefit from the BEE codes later this year. These articles, which you will find via Google, are written by people who want to write, but can’t even read! Either that, or they don’t know what to read. There’s an amendment to the Employment Equity Act which is currently in Bill form that includes white women as previously disadvantaged. Not to be confused with the B-BBEE Codes, which do not include, and will not include, white women. I also recently heard that the Codes will in future only include black people…