BBBEE Fronting

BBBEE Fronting

COURSE OVERVIEW

BBBEE Fronting is the process of circumventing applicable BBBEE legislation. Over time, the mechanisms of fronting have become complex and innovative and it is therefore important to stay abreast of the evolving trends. This course assists delegates to understand the complexities of the subject through covering the following topics:
Topics covered are:

TOPICS

  • What is fronting?
  • Applicable legislation – high level overview
  • “Legally correct” fronting vs the “Spirit of BBBEE”
  • Vendor profiling & Verification
  • Types of fronting and Common fronting practices
  • Innovation in fronting
  • Structures
  • Digging deeper to reveal the truth
  • Fronting indicators
  • Questions to ask
  • Information to review
  • Templates as tools
  • The Principles of “Flow-Through”,” Modified Flow-Through” and “Once empowered, Always Empowered”
  • Obligations and Responsibilities to Report fronting
  • The Consequences of Fronting
  • External Stakeholders and Escalation
  • Due Diligence Controls and Best Practice
  • Monitoring & Evaluation
  • Sharing of Fronting Case Studies

And much more!

WHO SHOULD ATTEND

  • Procurement Staff
  • Business representatives responsible for ensuring compliance in their company
  • Company directors and shareholders
  • Anyone responsible for issuing tenders
  • Anyone else involved with BBBEE matters in a company

OUTCOMES

  • Understand what constitutes fronting
  • Understand how to identify through investigation, questioning and documentation reviews evidence of fronting
  • Know what to do if they discover an instance of fronting

TRAINING CHANNELS:

Choose your preferred training type/method of delivery below.

IN-HOUSE TRAINING

We come to you!

ON DEMAND TRAINING

Flexible Training: No minimum delegates. Your Date. Your Duration. Face to Face or Online.