Broad-Based Black Economic Empowerment
(B-BBEE) aims to ensure that the economy is transformed to enable the meaningful participation of the majority of its citizens and to further create capacity within the broader economic landscape at all levels.
It has five elements – Ownership, Management Control, Skills Development, Enterprise and Supplier Development, and Socio Economic Development, thus promoting the entry of black entrepreneurs into the mainstream of economic activity, and the advancement of co-operatives.
B-BBEE needs to be implemented in an effective and sustainable manner to unleash and harness the full potential of black people and to foster the objectives of a pro-employment developmental growth path.
The purpose of this sub-programme is to develop and re-shape policies to give greater effect to these objectives.
The implementation of these polices is a DTI initiative working with other departments involved in B-BBEE processes.
CHECK YOUR SCORECARD POINTS
|Management Control||19.00 points|
|Skills Development||20.00 points|
|Enterprise & Supplier Development||40.00 points|
|Socio Economic Development||5.00 points|