B-BBEE

We understand that Broad-Based Black Economic Empowerment is not the easiest piece of legislation to comply with; it is very often a complex and emotional endeavour. Your business is personal: you worked hard to get it where it is now. It is our business to provide you with solutions for every B-BBEE element.

What we offer

• B-BBEE consultation
• B-BBEE verification support
• B-BBEE training
• Optimising every B-BBEE element of your scorecard

Scorecard elements

Ownership*

The Act makes provision for many different approaches to ownership. We will help you choose and implement the best ownership solution for your organisation, for example:

• Employee ownership schemes: deciding the percentage to distribute (based on the score you want), choosing beneficiaries, compliant agreements and documentation, and the unencumbered shares needed to score on Net Value.
• Availing shares to an individual or Black-owned organisation: finding respectable partners with a business reputation and work ethic that add value, and shareholder agreements flexible enough to accommodate future changes to the Act and Codes.
• Multinational organisations: ownership options, including Equity Equivalent Programmes where the criteria are met.

Management Control & Employment Equity

Organisations score points for Black people and Black women at board level and at all management levels, and for Black employees with disabilities. We help you determine the targets needed for maximum points and develop Employment Equity plans to reach them. Appointments remain your prerogative and should serve the operations and productivity of your organisation. More on Employment Equity.

Skills Development*

Success in this element is directly linked to planning and to making sure the plan is executed. Managed properly, Skills Development can be a fairly inexpensive source of scorecard points.

To qualify for points, you first have to comply with Skills Development legislation by submitting your Workplace Skills Plan, Annual Training Report and PIVOTAL Plan and Report by 30 April. Our Skills Development division can do this for you. We also work with accredited training partners on training and learnerships, which score under several parts of the Skills Development scorecard; the learner’s salary can also count as Skills Development spend.

Preferential Procurement

Preferential procurement looks at the B-BBEE recognition levels of your suppliers. Our approach:

• Review the B-BBEE recognition levels of all current suppliers.
• To help your suppliers, especially smaller ones, obtain their own EME or QSE certificates.
• Use our network of Black-owned suppliers to optimise your Preferential Procurement.

Supplier information and your detailed creditors ledger are captured in our Preferential Procurement tool, which calculates your exact score.

Enterprise & Supplier Development*

Enterprise and Supplier Development equips Black-owned businesses to contribute more effectively to the economy and improve service delivery to their clients. Our initiatives include:

• Mutually beneficial skills development: with our accredited training partner, you can send the same number of your own employees on the courses you procure for your ESD partners, at no additional cost (terms and conditions apply).
• Black women empowerment: in partnership with you, we help Black women start enterprises that deliver services your organisation needs.

Socio-Economic Development

Finding SED beneficiaries is easy; finding beneficiaries who provide all the documentation you need is harder. We only use respectable SED partners with a proven track record who provide:

• Specialised affidavits
• An official letter of appreciation
• ID documents of beneficiaries, proving they are Black for B-BBEE purposes
• Signed registers confirming receipt or attendance
• Our SED partner organizations specializes in projects in communities with limited services.