Elevate Advisory Partners

This festive season, we extend our heartfelt gratitude to our valued clients, partners, and colleagues for trusting us to navigate your BEE planning, implementation, and verification journeys. May this holiday season bring you joy, peace, and the opportunity to recharge for an exciting 2025 ahead. Let’s continue to build sustainable businesses and empower South Africa together. Happy Holidays and a prosperous New Year from all of us at Elevate Advisory Partners! #ElevateAdvisory #SeasonOfGrowth #EmpoweringBusinesses

Employment Equity Act Amendments: What You Need to Know The long-awaited amendments to the Employment Equity Act will take effect on 1 January 2025, bringing significant changes for South African employers. Key updates include: ✅ A revised definition of "designated employer" ✅ Sector-specific Employment Equity targets ✅ New criteria for Employment Equity Compliance Certificates ✅ Expanded definition of "disabilities" These amendments will have a direct impact on compliance requirements, reporting obligations, and even your ability to secure State contracts. Is your business ready? Read our latest blog for a full breakdown of these critical updates and ensure you’re prepared: www.elevateadvisory.co.za #EmploymentEquity #EEAUpdates #Compliance #ElevateAdvisory

Do you know whether your business needs a B-BBEE Affidavit or a Certificate? Navigating the nuances of B-BBEE compliance can be tricky. Your business's annual turnover and sector determine whether you should sign an affidavit or undergo a SANAS verification process to obtain a certificate. From EMEs and QSEs to sector-specific rules for construction, transport, and more, understanding the requirements is key to ensuring compliance and maximizing your B-BBEE benefits. 👉 Read our latest blog here - https://lnkd.in/gAx2Dr9t - for a comprehensive breakdown and find out what applies to your business. Visit our website to learn more: www.elevateadvisory.co.za. #BEECompliance #BusinessGrowth #ElevateAdvisory #BBBEE #Affidavit

Maximizing B-BBEE Points Through Absorption: What You Need to Know. Did you know that your organisation can earn bonus points on the #BBBEE scorecard by creating meaningful, long-term employment opportunities? Absorption, as defined by the B-BBEE Codes, offers up to five bonus points under the Skills Development element. This is achieved by absorbing black learners, interns, or apprentices into permanent roles after they successfully complete their programs. In our latest blog article, Cherise Goeveija breaks down everything you need to know about absorption: what it means, how it’s calculated, and the documentation required to claim these points. Read the full article here https://lnkd.in/dhww5PtF and discover how to align compliance with impactful outcomes. If you'd like to learn more, contact us at info@elevateadvisory.co.za #BEECompliance #SkillsDevelopment #TransformationStrategy #Absorption #EmploymentOpportunities #BBBEEPoints #SouthAfrica #Business

Important Update: Legal Sector Code – What You Need to Know The Legal Practice Council has issued key updates on the Legal Sector Code while we await the establishment of the Legal Charter Council. Highlights include: - Exemptions: Law firms and advocates with specific revenue thresholds or Black Ownership may qualify for compliance exemptions. - Priority Elements for Compliance: Large entities and QSEs must meet ownership and development targets to maintain their B-BBEE levels. - Transition Period: Certificates issued before 20 September 2024 remain valid, but new verifications will follow the updated Legal Sector Codes. With year-end deadlines fast approaching, planning ahead is essential! Read the full article with more details here: https://lnkd.in/dhww5PtF Need help navigating these changes? Contact us at info@elevateadvisory.co.za. #LegalSectorCode #BEECompliance #ElevateAdvisory #Transformation

We're thrilled to announce the promotion of Adriani van den Berg to Executive: Operations and Compliance at Elevate Advisory Partners. Congratulations on this well-deserved achievement! Your hard work and dedication have brought you to this new chapter, and we’re confident you’ll excel in your new role. We’re excited to support you every step of the way as you transition into this next phase of your career.

Curious about how Management and Control impacts your #BEE score? Dive into our latest #article to uncover how this key element measures black South Africans’ influence in corporate #leadership, the #compliance targets, and the verification documents required. Learn how meeting these benchmarks can enhance both your #score and your company’s inclusive culture. Follow this link to read our latest #blog for practical insights and expert #guidance from Elevate Advisory Partners here: https://lnkd.in/gQRiRZDx

We’re excited to welcome Cherise Du Preez to the Elevate Advisory Partners team! Cherise joins us as our new Compliance Specialist, bringing her expertise and dedication to help clients navigate the complexities of BEE compliance with confidence. Her addition strengthens our commitment to delivering exceptional BEE planning, implementation, and verification services. Welcome, Cherise — we’re thrilled to have you on board! #WelcomeToTheTeam #ComplianceSpecialist #BEE #ElevateAdvisory

Achieving Your B-BBEE Goals Navigating the B-BBEE scorecard can be complex. Enterprise and Supplier Development each contribute significantly, requiring distinct actions and documentation. Not sure which contributions qualify? Our latest blog offers detailed guidance on maximizing points for each. Read more here: https://lnkd.in/gwMHWgAT

Understanding Enterprise vs. Supplier Development Enterprise and Supplier Development are vital pillars of the B-BBEE Codes, each with unique requirements and contributions. Did you know that Supplier Development beneficiaries must be suppliers of the measured entity, while Enterprise Development beneficiaries must not? Discover the impact of these distinctions on your BEE scorecard by reading the full blog: https://lnkd.in/gwMHWgAT