Transcription of AMENDED BROAD -BASED BLACK ECONOMIC …
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AMENDED BROAD -BASED BLACK ECONOMIC …
AMENDED BROAD - based BLACK ECONOMIC empowerment CODES OF GOOD PRACTICE OCTOBER 20122 CONSTITUTIONAL MANDATES ection 9 of the Bill of Rights Equality includes the full and equal enjoyment of all rights and freedoms. To promote the achievement of equality, legislative and other measures designed to protect or advance persons or categories of persons disadvantaged by unfair discrimination maybe taken B-BBEE IMPLEMENTATION FRAMEWORK3 BROAD -BASED BEES trategy 2003( Strategic Framework) BROAD -BASED BEE ActNo. 53 of 2003 Codes of GoodPractice 2007 B-BBEE Amendment Bill 2012 AMENDED B-BBEE Codes 2012 BEE CommissionReport 1998eBROAD based POLICY OBJECTIVES DirectEmpowermentBlack OwnershipManagement ControlEmployment EquityHumanResourcesEmpowermentSkills DevelopmentIndirectEmpowermentPreferenti al ProcurementEnterprise DevelopmentSocio ECONOMIC Development2007 BASELINE STUDY5 LEVEL 1 - OWNERSHIPLEVEL 2 - MANAGEMENT CONTROLLEVEL 3 - EMPLOYMENT EQUITYLEVEL 4 - SKILLS DEVELOPMENTLEVEL 5 - PREFERENTIAL PROCUREMENTLEVEL 6 - ENTERPRISE DEVELOPMENTLEVEL 7 - SOCIO- ECONOMIC Compliance (>=100%)Partial Compliance (>0 <100%)No Compliance (0%)Source: Consulta Research6 PROGRESS SINCE 20077 Data Source: Empowerdex8 STATE OF INEQUALITYUSHERING IN A NEW ERA OF empowerment 9B-BBEENGPI nitiative ASGI-SANIPFIPAPCSDPNIPPS kills DevelopmentDEVELOPMENTAL OBJECTIVES Job creationLocal
amended broad -based black economic empowerment codes of good practice october 2012
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