Broad based black economic empowerment kwazulu natal 2010
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BROAD-BASED BLACK ECONOMIC EMPOWERMENT KWAZULU-NATAL 2010. SIXTUS SIBETA. B-BBEE CODES OF GOOD PRACTICE. B-BBEE ELEMENTS : Ownership Management control Employment equity Skills development Preferential procurement Enterprise development Socio-economic development.

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BROAD-BASED BLACK ECONOMIC EMPOWERMENT KWAZULU-NATAL 2010

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Broad based black economic empowerment kwazulu natal 2010

BROAD-BASED BLACK ECONOMIC EMPOWERMENT KWAZULU-NATAL2010

SIXTUS SIBETA


B bbee codes of good practice

B-BBEE CODES OF GOOD PRACTICE

B-BBEE ELEMENTS:

Ownership

Management control

Employment equity

Skills development

Preferential procurement

Enterprise development

Socio-economic development


Real b bbee challenges

REAL B-BBEE CHALLENGES

Stagnation, no growth from EMEs to QSEs, ultimately Large Entities.

Playing ‘locally’ with high B-BBEE activities in big cities, leaving out rural areas and townships.

Ownership problem-black people are still under-represented in terms of race and gender

Administrative, legal and financial constrains-restrict black participation (Property ).

Property ownership is dominated by institutional investors, large private owners, and collective investment

schemes.

Limited representation of blacks companies in sectors that are more capital and knowledge intensive.

Limited number of black women in controlling positions (Managerial).

Inadequate implementation of BEE, mostly in response to government tender requirements.


B bbee codes of good practice1

B-BBEE CODES OF GOOD PRACTICE

B-BBEE Act 53 of 2003, Section 10:

Procurement

Licensing and concessions

Public private partnership (PPPs)

The sale of state-owned entities


B bbee codes of good practice2

B-BBEE CODES OF GOOD PRACTICE

Other

Companies

(Exceed

Revenue R35m)

Generic Scorecard,

with all seven elements

Small Enterprise Scorecard,

Select four of the seven elements

Qualifying

Small Enterprise

(Turnover btw R5m – R35m)

All elements weigh 25%

Indicators adapted to small

enterprises

Micro Enterprises

(Turnover R 5m and below)

Micro Exemption,

Automatic Level 4

Recognition


Construction generic scorecard

Construction-generic scorecard


Kzn b bbee approach

KZN-B-BBEE APPROACH

IMPLEMENTATION PROGRAMMES:

  • Information dissemination

  • Skills development for the unemployed

  • Preferential procurement

  • Enterprise Development (sector matrix approach)

  • Partnerships and stakeholder relations

  • BEE monitoring and evaluation

  • And Four Work-Streams: SD, ED, FN, PPPFA


Kzn b bbee approach1

KZN-B-BBEE APPROACH

SUB- PROGRAMMES:

  • Women Economic Empowerment

  • Youth Economic Empowerment

  • B-BBEE Forums

  • B-BBEE Finance Market & Partnership

  • B-BBEE Complaints Handling

  • B-BBEE Monitoring and Evaluation


Thank you

Thank you


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