Keba BBBEE Specialist-Procurement Analytics
1
B-BBEE Legislation is aimed at improving inclusive growth and socio economic development while growing the economy. There are several elements that need to be assessed in order to ascertain the company's behavior in relation to inclusive growth... what are those elements?
Hell Keba:
B-BBEE elements to be measured:
Ownership – this measures the percentage of black ownership shareholding in the business. This is regarded as a priority element and failure to comply with the minimum target (40% of Net Value) will result in the Level as obtained being discounted;
Management Control – this measures the directorship, executive management, other executive management, senior management, middle management, junior management and disabled staff in the business;
Skills development – this measures the amount of money spent on training of black employees and black people. This is regarded as a priority element and failure to comply with the minimum target of 40% will result in the Level as obtained being discounted;
Enterprise and Supplier development – this measures your spend on helping other black owned enterprises grow, both suppliers to you and non-suppliers. This is regarded as a priority element and failure to comply with the minimum target 40% in all categories will result in the Level as obtained being discounted;
Socio-Economic Development – this measures your spend on assisting charitable organisations.
Ownership – this measures the percentage of black ownership shareholding in the business. This is regarded as a priority element and failure to comply with the minimum target (40% of Net Value) will result in the Level as obtained being discounted;
Management Control – this measures the directorship, executive management, other executive management, senior management, middle management, junior management and disabled staff in the business;
Skills development – this measures the amount of money spent on training of black employees and black people. This is regarded as a priority element and failure to comply with the minimum target of 40% will result in the Level as obtained being discounted;
Enterprise and Supplier development – this measures your spend on helping other black owned enterprises grow, both suppliers to you and non-suppliers. This is regarded as a priority element and failure to comply with the minimum target 40% in all categories will result in the Level as obtained being discounted;
Socio-Economic Development – this measures your spend on assisting charitable organisations.