Tag: Enterprise and Supplier Development (ESD)
Becoming a BEE compliant business
The BEE scorecard encourages businesses to push for economic growth, specifically focusing on people of colour in South Africa. It is based on the concept of offering incentives through additional business. Economic growth begins with skills development involving training and hands on development through employment equity and the development of new business.
Revised CA Charter now open for public comment
In its quest to empower and grow the number of Black people in the chartered accountancy profession and empower them meaningfully to participate and sustain the growth of the economy, the Department of Trade and Industry, has gazetted the revised Chartered Accountancy Profession Sector Code (CA Charter) for public comment.
BBBEE – Social engineering which has broadly succeeded
This article may appear counter-intuitive, given the huge amount of rhetoric and conjecture which abounds outside of workplaces where Broad Based Black Economic Empowerment (BBBEE) has been mindfully implemented. There is a huge amount of negativity which exists where BBBEE has failed to be successfully implemented, and even more fake news from owners in those companies which have failed to, or where they have simply refused to, implement any kind of BBBEE solution at all.
SURVEY | Entrepreneurs are not thriving!
Entrepreneurs are not thriving and more needs to be done to improve South Africa’s entrepreneurial ecosystem. This reflects the results of 'the real state of entrepreneurship survey 2018' which was reached after surveying more than 1,000 entrepreneurs across the county.
Financial inclusion and support key to unlocking African entrepreneurship
Driving financial inclusion amongst entrepreneurs and small business owners in Africa will ensure that they are equipped with the knowledge to transform their businesses into productive and sustainable contributors to the continent’s economy.
Enterprise Development
Enterprise Development is the act of investing time and capital in helping people establish, expand or improve businesses. In turn, it helps people earn a living, rise out of poverty and achieve long-term economic growth. Any business operating in South Africa today is faced with the task of addressing the B-BBEE codes, of which the largest point allocation is for Enterprise and Supplier Development.
