Tribeca Public Relations retains Level 1 B-BBEE rating
THEMEDIAONLINE / 06 AUGUST 2020 - 14.21 / TMO REPORTER
Tribeca Public Relations (Tribeca) has achieved a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 status for the third consecutive year, as verified in its 2020 B-BBEE audit by JS BEE Solutions, a SANAS accredited B-BBEE verification agency.
The B-BBEE verification process was based on the Marketing, Advertising and Communication (MAC) Sector Code.
The Level 1 status affords Tribeca a B-BBEE procurement recognition level of 135%, making it an appealing option for organisations whose own B-BBEE strategies focus on achieving high procurement recognition levels as outlined in the Broad-Based Black Economic Empowerment Amendment Act of 2013.
Tribeca’s commitment to empowerment includes a partnership with the Itirele Foundation Charitable Trust (Itirele), an independent trust which focuses on nurturing a culture of black female entrepreneurship in South Africa.
Itirele owns 18% of the issued shares of Tribeca Public Relations (Pty) Ltd unencumbered and uses its dividend income from this shareholding to support the growth of small and medium enterprises, develop entrepreneurial role models, and stimulate and reward entrepreneurial innovation.
Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER