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November 9, 2009
Reassessing BEE
Should the government's broad-based black economic empowerment (BBBEE) strategy be reassessed and enterprise development be ditched? A leading accountancy firm and one of the country's leading empowerment and business development entities find themselves on different sides of the fence.
KPMG recently proposed a reassessment and has suggested that enterprise development, with skills development and socio-economic development, be removed from empowerment assessment. This would mean that the seven elements used to rate companies' BBBEE profile would be reduced to four.
Posted by StaffWriter at November 9, 2009 9:48 AM