BUSINESS EDGE MARCH 2026

This newsletter highlights the latest statutory amendments and ancillary developments relevant to the SERR Synergy legal compliance products and services. It aims to keep businesses informed of key regulatory changes to ensure ongoing compliance and mitigate legal risks.

We entered 2026 with renewed confidence and a promising landscape for South African businesses. 

As businesses grow and adapt, trusted guidance becomes increasingly important. SERR Synergy remains your professional partner, delivering practical, compliant and cost-effective solutions tailored to your needs.

We invite you to visit our Blog page where we regularly share insightful articles covering a wide range of topics, including industry news and legislative updates. Stay informed, stay ahead. 

We value your feedback and welcome any suggestions for improving our services. Please feel free to email your recommendations to communications@serr.co.za.

Guided by our values of integrity, fairness, innovation and client-centricity, we look forward to supporting you in navigating the evolving business landscape and contributing to your success this year. 

 

Gideon Gerber | Director

In March 2025 the Department of Trade, Industry and Competition (DTIC) released a media statement introducing the Draft Transformation Fund Concept Document. In a DTIC media statement published on 19 March 2025 it indicated that “[a]ccording to the Minister, the aim of the fund is to aggregate especially Enterprise and Supplier Development (ESD) funds in support of transformation and the participation of and sustainability of black-owned enterprises in the economy. […] The objectives of the fund are as follows:

•    Promote economic transformation in order to enable meaningful participation of black people in the economy.
•    Improve access to funding for Black owned and controlled enterprises.
•    Empower and support Black owned and controlled enterprises participation in value chains across key sectors of the economy.
•    Mobilise financial resources from the private and public sector using B-BBEE legislation.”

At the time of publication of this newsletter, the final version of the Draft Transformation Fund Concept Document had not yet been published.

Together with the Transformation Fund developments, the Minister of Trade, Industry and Competition, published Draft Statements and a Schedule of Interpretation and Definitions for public commentary on 29 January 2026 in terms of section 9(5) of the B-BBEE Act 2003 (Act No. 53 of 2003), as amended by the B-BBEE Amendment Act, 2013 (Act No. 46 of 2013):

•    Draft Statement 400 of 2026: The General Principles for Measuring Enterprise and Supplier Development  

•    Draft Statement 000 of 2026: General Principles and the Generic Scorecard 

•    Draft Statement 004 of 2026: Scorecards for Specialised Enterprises 

•    Draft Code Series 600 of 2026: Codes of Good Practice for Qualifying Small Enterprises (QSE’s) 

•    Schedule 1: Interpretation and Definitions 

•    B-BBEE Code Series 100 - Draft Statement 103 of 2026: The Recognition of Equity Equivalent Multinationals.

The Draft Statements are open for public comment until 30 March 2026.
 

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