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Who needs b-bbee codes of conduct?
01
Companies or organizations operating in South Africa and engaging in business activities.
02
Organizations that wish to demonstrate their compliance with the Broad-Based Black Economic Empowerment (B-BBEE) legislation.
03
Entities seeking to gain access to government contracts or benefit from preferential procurement policies.
04
Businesses intending to build relationships with empowered enterprises or maintain existing partnerships.
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What is b-bbee codes of conduct?
B-BBEE codes of conduct refer to the codes of good practice that outline the principles and guidelines for achieving broad-based black economic empowerment in South Africa.
Who is required to file b-bbee codes of conduct?
All businesses operating in South Africa, especially those doing business with the government, are required to comply with the B-BBEE codes of conduct.
How to fill out b-bbee codes of conduct?
To fill out B-BBEE codes of conduct, businesses need to assess their current empowerment status, implement initiatives to improve their B-BBEE scorecard, and report on their progress annually.
What is the purpose of b-bbee codes of conduct?
The purpose of B-BBEE codes of conduct is to promote economic transformation in South Africa by advancing the economic participation of black people, including women, youth, and people with disabilities.
What information must be reported on b-bbee codes of conduct?
Businesses are required to report on their ownership, management control, skills development, enterprise development, and socio-economic development initiatives.
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