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Practice Note provides welcome clarity on broad-based black economic empowerment structures Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options. With... Clear Search Sponsored by Sponsored by A practice note (Practice Note) recently released by the Minister of Trade, Industry and Competition (Minister) has brought much-needed clarity on various matters relat...

What happens to your B-BBEE Compliance Targets if you make a financial loss? Three elements on the B-BBEE Scorecard use Net Profit After Tax (NPAT) to calculate the Compliance Targets: Enterprise Development, Supplier Development and Socio-Economic Development. By Jackie Kitching and Zahn Abreu 14 Feb 2021  09:53  Image: Shutterstock Three elements on the B-BBEE Scorecard use Net Profit After Tax (NPAT) to calculate the Compliance Targets: Enterprise Development (ED) (1% of NPAT), Supplier Development (SD) (2% of NPAT) and Socio-Economic Development (SED) (1% of NPAT). These three elem...