Welcome to Lanham-Love Consulting
Broad Based Black Economic Empowerment (B-BBEE) is the cornerstone of the South African Government’s efforts to educate and train the large sector of the population that was previously disadvantaged. It aims to accelerate the participation of black people in the economy by encouraging change in the following key areas of business: Ownership, Management Control, Employment Equity, Skills Development, Preferential Procurement, Enterprise Development and Socio-economic Development. When implemented correctly, B-BBEE supports job creation, global competitiveness and economic growth. It also has the potential to reduce the burden on entrepreneurs and help to create a more skilled workforce.
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We engage with you and explore your specific transformation needs to find your “best-fit” solution. We learn about your company culture and industry you work in.
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We enlighten your team with full knowledge of the B-BBEE codes and your B-BBEE scorecard for your sector through aligning transformation strategy to business strategy.
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We enable you by providing a full B-BBEE solution, considering legal and fronting issues. Our solutions result in additional benefits and compliance across the scorecard.
The Benefits of using LLC
Our differentiating factor is that we pride ourselves on “innovatively embracing and integrating transformation to the point of business growth and development”. Our key philosophy is to create solutions that result in additional benefits and increased compliance across multiple elements of the scorecard. The amended codes have made B-BBEE a complex and expensive exercise. We, therefore, believe that monies spent should equate back to the company in either business benefit or points scoring in multiple elements.
Skills Compliance
One of the challenges our clients face is ensuring that money and time spent on Skills Development is maximised on the scorecard. To provide our clients with peace of mind, we opened The Lanham- Love Academy (LLCA) in 2017. LLCA designs and implements Skills Development programmes directly in line with your B-BBEE strategy.
Legal Compliance
The B-BBEE codes reside on the legal B-BBEE Act. To ensure you do not transgress any fronting mechanisms, we have formed a strong alliance with Lanham-Love Galbraith-van Reenen Attorneys (LLGV),
who provides legal services and ensures legal and B-BBEE compliance of every solution.
Latest Articles
BRICS, Sticks and Carrots: B-BBEE Rewards and What Happens If You Don’t Comply
The 15th BRICS Summit, hosted in Johannesburg, has come and gone, and left some extraordinary opportunities for business in its wake. According to President Cyril Ramaphosa, “through stronger...
Establishing Your Transformation Needs
Every company in South Africa needs to commit to certain Broad-Based Black Economic Empowerment goals. By encouraging change in key areas of business such as Ownership, Management Control,...
Is DIY B-BBEE A Worthwhile Approach?
Considering how costly an exercise Broad-Based Black Economic Empowerment can be, it can be immensely tempting to try and cut corners and do it yourself. While tools such as monitoring software, or...