Broad-Based Black Economic Empowerment

URI: https://gptkb.org/entity/Broad-Based_Black_Economic_Empowerment
GPTKB entity
Statements (30)
Predicate Object
gptkbp:instanceOf gptkb:public_policy
gptkb:South_African_government_initiative
gptkbp:abbreviation B-BBEE
gptkbp:administeredBy gptkb:Department_of_Trade,_Industry_and_Competition
gptkbp:benefit black South Africans
African, Coloured, and Indian South Africans
gptkbp:category gptkb:South_African
gptkb:economic_policy
gptkbp:country gptkb:South_Africa
gptkbp:criticizedFor limited impact on poverty reduction
benefiting political elites
gptkbp:dateEnacted 2003
gptkbp:enactedBy gptkb:South_African_government
gptkbp:focusesOn skills development
ownership
management control
socio-economic development
enterprise and supplier development
gptkbp:legalBasis Broad-Based Black Economic Empowerment Act, 2003
gptkbp:measures B-BBEE scorecard
gptkbp:purpose address economic inequalities
promote economic participation of black people
gptkbp:regulates public sector procurement
private sector compliance
gptkbp:relatedTo gptkb:Employment_Equity_Act
Affirmative action in South Africa
gptkbp:replacedBy Black Economic Empowerment
gptkbp:bfsParent gptkb:National_Empowerment_Fund
gptkbp:bfsLayer 7
https://www.w3.org/2000/01/rdf-schema#label Broad-Based Black Economic Empowerment