An introduction to B-BBEE
Gain a full understanding of the entry information within the B-BBEE frameworks in South Africa.
Description
Through this course, you will have a full overview of the B-BBEE landscape. After this a basic understanding of all the elements, as well as what is expected from your company will be clear.
We will be covering:
- The bigger picture surrounding B-BBEE
- Ownership
- Management Control
- Skills Development
- Procurement
- Enterprise Development
- Supplier Development
- Socio-Economic Development
In addition to this, a number of practical resources will be provided, including a Section 12 H calculator, all the sector scorecards that are applicable, and even downloadable templates for the BEE affidavits and when to use them.
This course is basic, and practical and aims to give you an understanding of BEE.
Broad-based black economic empowerment (BEE) is a government policy to advance economic transformation and enhance the economic participation of Black people (African, Coloured and Indian people who are South African citizens) in the South African economy.
The Constitution of the Republic of South Africa, 1996, provides all people in South Africa the right to equality and fulfils the formal element of equality by creating a basis for equal treatment.
Despite the right to equality, not all people in South Africa are born to equal circumstances. The history of South Africa has resulted in an economic and opportunity disparity based on race and has resulted in many Black people in South Africa not enjoying the same opportunities and so being substantively equal to the remainder of South Africa.
The purpose of BEE is to bridge the gap between formal and substantive equality to ensure that all people in South Africa fully enjoy the right to equality.
What You Will Learn!
- What B-BBEE is about
- Overview of all elements of the B-BBEE scorecard
- Tips and tricks regarding B-BBEE
- How to go about compliance
Who Should Attend!
- Business owners