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SchoemanLaw Inc
Time Barring – B-BBEE Commission

Time Barring – B-BBEE Commission

by Nicolene Schoeman-Louw | Nov 8, 2023 | Broad Based Black Economic Empowerment Advice and Planning, Civil Litigation and Alternative Dispute Resolution, Commercial law

The B-BBEE Commission (the “Commission”) is empowered in terms of the Broad-Based Black Economic Empowerment Act 53 of 2003 (the “Act”) and has jurisdiction throughout South Africa. The Commission is charged, among other things, to oversee,...

Judy Sunasky

by Nicolene Schoeman-Louw | Jan 25, 2022 | Broad Based Black Economic Empowerment Advice and Planning, Commercial law, SME Self-Service Desk

Working with Schoeman Law is always easy. Communication is excellent, work is accurate. Many facets of the business are automated and work well, however speaking to an actual human being is also always available. Honest, straight forward legal advise is...
Court overturns BBBEE pre-qualification

Court overturns BBBEE pre-qualification

by Nicolene Schoeman-Louw | Jan 18, 2021 | Broad Based Black Economic Empowerment Advice and Planning, Commercial law, Publications

It has become a usual requirement for tenders to have pre-qualification criteria, especially including its BBBEE compliance level. The recent supreme court of appeal case, Afribusiness NPC v The Minister of Finance (Case no 1050/2019) [2020] ZASCA 140 (2 November...
BBBEE Ownership Transactions

BBBEE Ownership Transactions

by Petrus Khumalo | Dec 1, 2020 | Broad Based Black Economic Empowerment Advice and Planning, News

Objects of the Broad-Based Black Economic Empowerment (“BBBEE”) Act, 53 of 2003, as amended by Act 46 of 2013(hereafter the “Act”), include promoting economic transformation and achieving a substantial change in the racial composition of ownership. It is...

Fronting under the BBBEE Act

by Nicolene Schoeman-Louw | Mar 3, 2020 | Broad Based Black Economic Empowerment Advice and Planning, Commercial law, Publications

A fronting practice is defined in the Broad-Based Black Economic Empowerment Act 53 of 2003 as amended (the “BBBEE Act” or the “Act”) as:   “a transaction, arrangement or other Act or conduct that undermines the achievement of the objectives of the Act.”...
BBBEE Major Transaction Reporting

BBBEE Major Transaction Reporting

by Petrus Khumalo | Jan 1, 2020 | Broad Based Black Economic Empowerment Advice and Planning, News

Under Regulation 18 of the Broad-Based Black Economic Empowerment Regulations a party that enters into a BBBEE transaction which the share value is above R25 000 000 (Twenty-Five Million Rand), has to submit the transaction to the Broad-Based Black Economic...
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Recent Posts

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  • Laws of Evidence in Litigation: Deciding the Fate of a Case
  • Terminating a Contract: Rights, Procedures & Aftermath
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  • Understanding Contractual Mistakes

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