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Get Compliant from Anywhere, Easy and Fast!

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Get Compliant from Anywhere, Easy and Fast!

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  • Business Compliance

7 Key Strategies to Comply with the B-BBEE Legal Sector Code in 2024

7 Key Strategies to Comply with legal sector b-bbee code

In Gazette 51271 on 20 September 2024, the South African government revised the Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice. These new regulations demonstrate the B-BBEE Act of 2003’s commitment to reducing inequities by increasing Black economic participation in South Africa with a focus on the legal fraternity.

Adherence is crucial for law firms and members of the legal profession looking to uphold their B-BBEE certifications to secure government contracts and bolster their corporate image.

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In the last 90 days, Company Partners assisted 1142 clients with their BEE affidavits. This is a service Company Partners offers free of charge to clients.

In this article, we will delve into 7 key strategies that companies can employ to align with the updated B-BBEE regulations and ensure compliance in 2024 for the Legal Sector.

Revised B-BBEE Codes of Good Practice Explained

By defining B-BBEE levels criteria such as ownership, management control, skills development, and socio-economic upliftment, the new Codes of Good Practice help ensure compliance.

It is pivotal for legal companies to adhere to these post-gazette measures under Section 38 as quickly as possible to meet the updated criteria.

It’s important to note that any B-BBEE verification certificate issued before 20 September 2024 remains valid until it expires. However, once a certificate obtained under the previous codes reaches its expiration date, companies are required to undergo reassessment to align with the revised B-BBEE standards. This procedure includes gathering input from departments as well as collaborating with operation teams and seeking guidance from BEE specialists.

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Importance of Prioritised Ownership and Management Control

Reaching B-BBEE’s ownership and management control targets is crucial to compliance. These restrictions reward businesses with scorecard points for ownership.

Companies can use shares, equity partnerships, and joint ventures to promote Black Economic Empowerment to achieve these goals.

Ownership targets focus heavily on the involvement of Black South Africans, particularly at the management level. To strengthen compliance with B-BBEE regulations, it’s important to enhance diversity in leadership roles and board representation within your organisation. Strategic planning for B-BBEE verification often requires input from BEE specialists, especially if your business generates over R10 million in turnover, in which case you will need a B-BEE certificate instead of a BEE affidavit.

Investing in Skills Development

Skills development of your workforce is vital for your B-BBEE scorecard as it aims to foster the advancement and talent of Black professionals in South African companies. To meet the targets of effective skills development, the following can be implemented:

  • Establish training programmes,
  • Offer internships,
  • Provide learnerships for black staff members at different organisational levels.


Upskilling the expertise of your workforce not only ensures adherence but also enriches the competency level within your company.

  • Some companies may also choose to allocate funds to external bursary programmes for Black South African students in fields relevant to the business.
  • Your skills development strategy should be tailored to align with the requirements of the B-BBEE scorecard, which may involve feedback from your training team and input from your operations teams for effective implementation.

Importance of Supplier and Enterprise Development

The B-BBEE Act 53 of 2003 encourages enterprises to use Black-owned suppliers in their procurement processes to promote Black-owned businesses. This helps Black-owned companies flourish and promotes supply chain Black economic inclusion. Working with Black-owned suppliers will help you accomplish compliance requirements and develop a community of growth partners.

Enterprise development is also crucial. Giving Black-owned businesses services, financial aid, and mentoring will increase your compliance score in this category. B-BBEE compliance and sustainable economic development in South Africa are strengthened by supporting developing firms.

Promoting Socio-Economic Development

Socio-economic development (SED) is crucial to South African firms’ B-BBEE compliance. Companies should support socio-economic development to better the lives of underprivileged communities in our country. The following measures can help achieve SED requirements:

Support educational programmes, healthcare services, and housing efforts.

These initiatives can help firms achieve SED goals and make a difference.

SED projects must improve Black South Africans’ well-being and be measurable to receive full compliance points. Compliance assessments will need records of contributions and community impact. Regular input from your operations teams and other departments can help your projects meet B-BBEE criteria.

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Streamline Your B-BBEE Certificate Application

Every business needs a B-BBEE certificate showing its compliance score across the scorecard. For enterprises with above R10 million turnover, B-BBEE certificate applications might be complicated due to strict compliance requirements.

A BEE affidavit may be enough if your turnover is under R10 million, streamlining the process. For compliance, you must verify your B-BBEE score with a correct affidavit or certificate application.

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Ensuring Continued Compliance

Maintaining compliance with a B-BBEE certificate requires changes and periodic examinations. Businesses can stay compliant as they grow or as B-BBEE rules change.

BEE specialists can advise and suggest adjustments based on operation team assessments, department updates, and B-BBEE Codes of Good Practice changes. This is a great advantage to assist companies with compliance, making the process of securing government tenders seamless.

B-BBEE Certificate Application Timeframe

For companies with annual revenues over R10 million, securing a BEE certificate requires a comprehensive review process. Review procedures can be time-consuming to complete depending on the verification complexities involved. This could lead to applications taking several weeks to be processed. If your company turnover is below R10 million and you qualify for a BEE affidavit, you will typically experience a faster turnaround.

Planning ahead is essential to avoid delays. By working with B-BBEE experts, companies can streamline their application process, meet compliance standards without operational disruptions, and ensure that tender eligibility is maintained.

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How Company Partners can assist with B-BBEE Compliance

Businesses in South Africa, especially those wanting government tenders or industry recognition, must understand and comply with the B-BBEE Codes of Good Practice. Company Partners provides a full range of B-BBEE compliance services to help businesses comply with these changes.

Our BEE experts can help you understand B-BBEE compliance. We start with a thorough assessment to evaluate your state, then build a strategy plan for each compliance pillar. From ownership structure to skills and enterprise development, we help your company maximise its B-BBEE score.

Our services include the entire B-BBEE certificate application process, working with SANAS-accredited verification organisations to ensure accuracy, completeness, and compliance with current regulations. If your business needs a BEE affidavit, we streamline the procedure for fast approval.

We routinely consult with your team and relevant departments to meet compliance milestones. We help you stay compliant with B-BBEE code revisions with maintenance and renewal services.

Company Partners ensures a simple B-BBEE compliance process for enterprises seeking BEE certificates above 10 million or streamlined affidavits. Join South Africa’s economic transformation and boost your business.

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