Broad-based black economic empowerment (B-BBEE) aims to redress inequality, boost economic growth and create a better life for all South Africans. All organs of state, public entities and any private enterprise that undertakes business with a public entity must implement the B-BBEE codes of good practice.
So how – and why – do you make it work for your organisation? Simply, B-BBEE is an important part of doing business. It’s a tool for growth and sustainability that every South African business owner should learn how to use.
So how – and why – do you make it work for your organisation? Simply, B-BBEE is an important part of doing business. It’s a tool for growth and sustainability that every South African business owner should learn how to use.
Advantages of BEE compliance
Allows participation in the formal South African economy
All businesses need access to capital and markets in order to operate successfully, and a B-BBEE strategy can help to provide these
Companies will favour you as a client, particularly those aiming to acquire at least 50% of annual procurement from companies with B-BBEE certificates
Your company is able to bid for government tenders, apply for licences, get permits and is favourably considered for procurements by the public sector and all B-BBEE verified enterprises
Have access to tax incentives and financial grants, specifically aimed at the B-BBEE programme
Considered for procurements by the public sector
A well-assigned empowerment plan can provide access to the capital and broader markets that your business needs in order to grow. At Dot Connectors, we have the skills and expertise to help you design and implement solutions built on our proven methodology, which addresses and incorporates all BEE-related matters.
We connect the dots between BEE, SD & EE to find optimal solutions to address clients compliance challenges.
We also offer one-on-one consultations to organisations, where we unpack new B-BBEE charters or charters that will affect their business. This way they know to market themselves.
Our clients can be assured of a dedicated and professional service that will make BEE work for your business, turning empowerment into an integral part of your operation’s strategy and growth.
We connect the dots between BEE, SD & EE to find optimal solutions to address clients compliance challenges.
We also offer one-on-one consultations to organisations, where we unpack new B-BBEE charters or charters that will affect their business. This way they know to market themselves.
Our clients can be assured of a dedicated and professional service that will make BEE work for your business, turning empowerment into an integral part of your operation’s strategy and growth.