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BEE

A major reason for producing a good BEE scorecard is to satisfy clients. The
higher the score the better the chances of your company being awarded
business.

The lack of understanding of how the revised Broad-Based Black Economic
Empowerment (B-BEE) Codes of Good Practice will be implemented and
measured in smaller companies is holding them back.

A new crowd-sourced discussion platform launched with the aim of
providing valuable insight into the finer workings of the revised Broad-Based
Black Economic Empowerment Codes of Good Practice.

The issue of BEE for businesses can be a complex situation to manage effectively. Especially if those companies are looking to work closely with the government in wanting to secure business them. In the quest for a good BEE certificate business owners often fall victim to the many pitfalls of BEE.

Is BEE just another form of Tax and an additional cost of operating in an emerging market environment? Dionne Kerr looks at the link between implementing BEE policies and successful business growth strategies which she believes cannot be addressed in isolation.

Black South Africans believe BEE is not providing access to wealth, white South Africans believe BEE has stunted their employment opportunities and entrepreneurs are too busy to understand the dynamics of BEE according to Dionne Kerr, so how will SA be reconciled to this action plan?

Leading 24-hour convenience store brand Freshstop, has entered into a partnership with The Black Business Supplier Development Programme
(BBSDP) which will support previously disadvantaged businessmen and women who are interested in opening Freshstop convenience stores.

Broad-Based Black Economic Empowerment (BBBEE) is often viewed as an administrative annoyance but Keith Levenstein, CEO of EconoBEE says it is a valuable tool for small business growth when implemented correctly.

The Association of BEE Verification Agencies (ABVA) congratulates the Johannesburg Stock Exchange (JSE) for commissioning the landmark study on the effective participation of black people as shareholders on the JSE.

The new Association of BEE Verification Agencies board reflects the diversity of the organisation as well as the immense expertise in BEE and BEE verification found amongst the membership.

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