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Broadband Economic Empowerment Verification Compliance Certificate KENMORE TRAINING INSTITUTE CC Company Registration: 2009/067267/23 Income Tax Number: 9618216163 Physical Address: 3 Delilah, Robin

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What is broad-based economic empowerment verification?

Broad-based economic empowerment verification is a process that verifies if an entity complies with the Broad-Based Black Economic Empowerment (B-BBEE) Act in South Africa.

Who is required to file broad-based economic empowerment verification?

All entities operating in South Africa, including private and public sector entities, are required to file broad-based economic empowerment verification.

How to fill out broad-based economic empowerment verification?

Broad-based economic empowerment verification is typically filled out by providing information about the entity's ownership, management control, employment equity, skills development, preferential procurement, enterprise development, and socio-economic development.

What is the purpose of broad-based economic empowerment verification?

The purpose of broad-based economic empowerment verification is to promote and monitor the transformation of the South African economy to ensure broader participation by historically disadvantaged individuals.

What information must be reported on broad-based economic empowerment verification?

Information such as the entity's ownership structure, management control, employment equity statistics, skills development initiatives, preferential procurement policies, and contributions to enterprise and socio-economic development must be reported on broad-based economic empowerment verification.

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