What is B-BBEE without a transformation agenda? A status
BEE CHAMBER / 17 SEPTEMBER 2020 - 13.21 / POOVAN GOVENDER
A B-BBEE Status Level does not always translate into a transformed organisation. B-BBEE is an economic policy that incentivises transformation.
Without taking transformative steps alongside a B-BBEE Strategy, an organisation will have a favourable Status Level, but a culture lacking in diversity.
This communique supports organisations in reaching sustainable B-BBEE milestones and driving economic inclusion by addressing legislation and interpretation topics that are critical to an organisation's overall scorecard.
The focus of this week's topics is on:
> Ownership with limitations not applicable;
> Moving a Beneficiary from Enterprise Development to Supplier Development;
> Mitigate the risk of Procuring Across Sectors; and
> An article of Transforming Interest | Mind the Gender Pay Gap.
Issue 24 of 2020 | BEE Chamber Members newsletter brought to you by TFM Magazine
Please register here to attend the monthly BEE Chamber TFM Webinar series on the first Tuesday of each month between 09H00 and 11H00. This interactive and informative session reviews the application of technical articles covered in the newsletters over the last month.