Nelson Sebati

Unfortunately this is how some people view transformation challenges i.e if doesn't affect them, then it must not be a real issue.

MOBILE OFFICE MONDAY!!! 10 reasons why you need a mobile office: 1.Have easier mobility 2.Be less distracted 3.Increase focus 4.Get more done 5.Improve...

Nelson Sebati

Nelson Sebati

This just in: The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act, which report shows that only 43% of the JSE listed entities and 10% of the organs of state submitted their annual compliance reports as required, with the majority clearly failing to comply. This year’s report shows no significant change in the levels of transformation with black ownership reflecting…

The increase from 40% to 50% on procurement spend from 51% or more Black-Owned companies is GOOD FOR BUSINESS. Just in our portfolio of clients alone that represents almost R1 Billion in new supply chain opportunities for Black-Owned Businesses. #transformation #bbbee #murason #diversityandinclusion ...... Small Black-Owned Businesses "go and capitalise on this" See link for more information…

Nelson Sebati.

September 13, 2019: Nelson Sebati, Pr. EAd, B-BBEE posted images on LinkedIn

The B-BBEE Commission, the authority that monitors compliance with South Africa’s empowerment legislation has declared that most transactions involving broad-based BEE trusts are not compliant with the law as the trusts are not genuine and effective Black Ownership. The Black Economic Empowerment Commission has written to dozens of companies informing them of the need to rectify their ownership structure and undergo reverification of their BEE status or face investigation for fronting…… BEE…

I once lost a client (that shall not be named) because I strongly disagreed with how Empowerdex Cape Town was endorsing a long-winded and convoluted ED consultancy that delivered no real benefits to small black business i.e. +/- R2 million worth of diverted grant funding through an eerily complex structure with back-to-back contracts unnecessarily abusing the Modified Flow Through Principle. They issued this white-owned ED scam with an ED Recognition Certificate and then came back to verify…

This is the problem with the “WHITE-WASHING” of B-BBEE. I will be honest, in my experience, 75% of where the Consultants are White there is FRONTING. When called in usually by a concerned Executive or Dissenting Director, I always have to unbundle these fronting schemes, inform the clients about the risks of fronting and educate them about how proper B-BBEE compliance can support their business growth and sustainability goals through a “Conscious Capitalism” approach. This sham claims to be…

"....Each of them is deemed a high potential black business with the ability to grow into a significant company of R500 million-plus in value...." #bbbee #Murason #Transformation #diversityandinclusion . Black business should NOT be synonymous with small business!!! See link for more information: https://www.linkedin.com/posts/nelson-sebati-pr-ead-b-bbee-aaaa1516_seven-bee-businesses-win-the-chief-executive-activity-6568217415786745856-XXLS

The GRIND" means to work hard, always be hustling, or otherwise engaged in money-making or asset-procuring activities. It refers to when an individual pushes his/herself to attain a goal/s, similar to gears grinding when they are worked beyond their capacity. #BBBEE #Murason # #diversityandinclusion

JOBURG – Job creation and empowerment takes centre stage in Samsung SA growth plan.

Nelson Sebati and other business leaders discussing Transformation and B-BBEE ahead of the 10th BRICS Summit to be held in Johannesburg later this month

THEE TRUSTED NAME IN B-BBEE: I have advised, developed and implemented B-BBEE/ESD projects with a combined value over of R611 Million, which has led to the creation of over 300 new Black-Owned companies and over 5000 net new jobs, directly or indirectly. Our clients have over R91 Billion in collective annual turnover and together we have unlocked over R2.8 Billion worth of supply chain opportunities for Black-owned businesses.