Black Economic Empowerment and its successor, Broad-Based Black Economic Empowerment, are aimed at uplifting large portions of the South African population that were denied equal economic opportunity during the apartheid era. Becoming BBBEE compliant should be a goal for all South African business owners and employers, not only because it shows commitment to creating positive change in this country, but also because it has certain benefits for business. More..
One of the South African labour market’s major challenges is that large numbers of the country’s workers are under skilled, which hinders productivity and consequently our ability to compete on a global level. Many companies are making efforts to address the widespread skills shortfall by offering their employees skills-development training. In fact, this is considered so vital that employers who invest in skills training benefit greatly when it comes to their BBBEE scores. More..