The recently amended Broad-Based Black Economic Empowerment Codes of Good Practice introduce several changes to the B-BBEE scorecard that businesses need to be aware of.
Key changes include adjustments to ownership targets, revised skills development metrics, and updated enterprise and supplier development requirements.
Businesses should re-evaluate their B-BBEE strategies in light of these changes to ensure they are maximizing their scorecard points while making genuine contributions to transformation.
Our corporate advisory team is available to assist with B-BBEE strategy reviews and implementation.
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