The B-BBEE Amended Codes:
How to keep your company's competitive edge
What you’ll get in The Complete Guide to B-BBEE Amended Codes
What are the changes to the B-BBEE Act
Changes to the generic scorecard
The elements on the new scorecard
How to comply with the priority elements
How to earn points under each element
Three categories your company can fall into
How your B-BBEE status is recognised
The B-BBEE recognition levels
Targets you should reach to comply with the changes
How to maximise your B-BBEE points using employment equity
Eight actions to take to maximise your B-BBEE points
Penalties and new offences if you don’t comply
Now that the B-BBEE amended codes are in effect, is your company still BEE compliant? Do you know how to calculate the new codes? Can you still do business with BEE compliant companies?
These are questions racing in the minds of many business owners and managers like you. And rightfully so. Because let’s face it, if you depend on your BEE status to do business, and you find that you no longer score at the required BEE level, you won’t be able to keep your business running for much longer.
You could lose out on existing business contracts, you won’t be able to renew some contracts and worse, you won’t be able to propose for business tenders with the government.
But don’t fret! We have exactly what you need to ensure you keep your company’s competitive edge even after the changes.
What are the new changes to the B-BBEE Act?
The new changes include:
Reduction of B-BBEE
elements from 7 to 5;
How to calculate the sector codes;
Creation of 3 priority elements, Ownership, Skills Development and Enterprise and Supplier Development;
New compliance elements for large companies;
The discounting of the entity’s B-BBEE
status by one level if the gazetted
sub-minima for these priority elements are not met; and
And much more.
What does this mean for you?
This means your company’s B-BBEE scoring has changed significantly. And now, you need to restructure your business plans to make sure they’re in line with the new changes. You need to make sure you understand these changes. Because if you don’t understand them, you won’t be able to implement them. And this could spell a disaster for your company.
But, we’ve made it easy for you to apply these changes using this one report…
Make sure you comply with the new changes to the B-BBEE Act so you can still do business!
With our team of BEE experts, we’ve created a tool that explains the new codes in detail, how they impact your business and what you can do now to implement the changes before you get penalised.
I’m talking about The Complete Guide to B-BBEE Amended Codes eReport. This ereport:
Outlines the changes to the B-BBEE
amended codes introduced by government;
Shows examples of how to calculate your scoring using the new codes;
Explains the impact the new codes have for your business;
Shows you the targets you need to reach to comply with the new scorecard; and
Don’t put your business at risk!
Can you afford to:
Lose your business because you didn’t comply with the new B-BBEE changes?
Lose your current B-BBEE status?
Miss opportunities to propose for government tenders and other BEE compliant companies?
Spend 10 years in jail because you didn’t know the new BEE offences?
I didn’t think so!
The Complete Guide to B-BBEE Amended Codes
This eReport will help you:
Easily understand the new B-BBEE
Determine which category your business falls into so you can calculate your new B-BBEE
Align your business strategies in line with the new legislation;
Meet your employment equity targets to maximise your B-BBEE
Maximise your B-BBEE
points using eight steps; and
Avoid the new offence penalties for non-compliance.
The changes are already effective from 1 May 2015
Remember, the changes to the B-BBEE codes changed on 1 May 2015. This means your company B-BBEE scoring has already changed significantly. You must start implementing these changes now!
Where do you start?
Get your copy of The Complete Guide to B-BBEE Amended Codes and discover all the information you need to keep your company’s competitive edge for only R499 excl Vat!
Until next time,
Product Manager, The Complete Guide to B-BBEE Amended Codes
P.S. Order The Complete Guide to B-BBEE Amended Codes: How to keep your company's competitive edge eReport today and you’ll also receive a seven day money-back guarantee. During that period, if you feel it can’t help you implement the new B-BBEE codes, simply let me know and you’ll receive a full refund. Order today!
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