We have established ourselves as the leader in South Africa in the field of restructuring of businesses to become B-BBEE compliant. We are not just another B-BBEE rating agency.
The BEE Scorecard Elements
- Ownership: measures black ownership of the entity.
- Management: measures participation of black people in the Board and management control structure.
- Skills Development: measures skills development spend on black employees and unemployed individuals, as well learnerships, apprenticeships/ internships and SETA-accredited training programmes.
- Enterprise and Supplier Development: measures procurement spend from empowering suppliers, together with Supplier Development and Enterprise Development contributions to beneficiary entities that are at least 51% black owned, in respect of their development, sustainability, financial and operational liberation.
- Socio-Economic Development: measures contributions for socio-economic development.
*Please note that these comprised seven elements on the old BEE scorecard.
In the amended Codes there is greater emphasis on majority black ownership, particularly in relation to the sub-element of Procurement as well as Enterprise and Supplier Development.
Our leadership team has been involved with black economic empowerment in South Africa since 2013. Our comprehensive B-BBEE services include tailor-made solutions that meet existing B-BBEE challenges by implementing effective and value adding strategies.