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Explore the BB BEE Compliance Report for Harvest Capital Limited, detailing their BUBBLE status and scores for 2024, along with key financial and verification information.
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BBEEE compliance report is a document that assesses a company's compliance with the Broad-Based Black Economic Empowerment (BBBEE) legislation in South Africa.
All companies operating in South Africa that meet certain turnover thresholds are required to file a BBBEE compliance report, particularly if they wish to participate in government contracts or certain business opportunities.
To fill out a BBBEE compliance report, organizations need to collect relevant information regarding their ownership, management, skills development, enterprise development, and socio-economic development contributions, and complete the report using the prescribed format.
The purpose of the BBBEE compliance report is to demonstrate a company's commitment to transformation and empowerment, and to assess its contribution to the economic and social development of black individuals and communities.
The information that must be reported includes details on equity ownership, management control, skills development, enterprise and supplier development, and socio-economic development initiatives.
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