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Broad-Based Black Economic Empowerment (B-BBEE)
A government initiative aimed at increasing the South African economic growth while redressing the imbalances of the past and promoting all or inclusive economic participation.
Jobs creation for South Africans, increased revenue and profitability for companies, increased government collection rate as well as decreased levels of poverty.
PraBee
PraBee therefore provides B-BBEE verification services to companies that requires B-BBEE certificates. We are a dynamic team focused on ensuring that the verification process is done professionally, fairly and accurate. Our team is comprised of experienced, professionals with high levels of integrity.
They take time to explain the requirements and the process to the client while they uphold the professional conduct at all times.
B-BBEE Verification
B-BBEE Verification verification services forms the core of our service offerings. Companies are verified in line with the DTI’s Codes of Good Practice on B-BBEE.
Sector Specific B-BBEE Verification
Companies are required be verified in the specific sector Charter Codes. These are some of the sector specific Codes;
- Agricultural Sector Codes
- Construction Sector Codes
Suppllier B-BBEE Verification
One of the elements that carries most points on the scorecard is the Procurement sub-element of Enterprise Supplier Development element. Procurement looks at how compliant are the suppliers to the measure entity and lack of compliance by suppliers of a measured entity has a direct negative impact to the Procurement element and therefore to the overall scorecard of the measured entity.
B-BBEE Training
Our B-BBEE professionals conduct training on the Codes, the verification process as well as sector specific. It is important that companies understand the need for B-BBEE and therefore the expectations and requirements as per the legislation.
OUR SERVICES INCLUDE
Sector Specific Scorecards
- The Amended Tourism Sector Codes, gazette No 39430, dd 20 November 2015
- The Marketing, Advertising and Communications Sector Codes (MAC), gazette No 39887, dd 01 April 2016
- The Amended Information Communication Technology Sector Codes (ICT), gazette No 40407, dd 07 November 2016
- The Amended Forest Sector Codes, gazette No 40803, dd 21 April 2017
- The Amended Property Sector Codes, gazette No 40910, dd 9 June 2017
- The Amended Agriculture Sector Codes (AgriBEE), gazette No 41306, dd 8 December 2017
- The Amended Financial Sector Codes (FSC), gazette No 41287, dd 01 December 2017
- The Amended Construction Sector Codes, gazette No 41287, dd 01 December 2017
- The Defense Sector Codes, gazette No 42391, dd 12 April 2019
Generic Scorecards
- The BEE Act No 53 of 2003
- The amended BEE Act No 46 of 2013
- The Codes of Good Practice, gazette No 29617, dd 09 February 2007
- The Amended Codes of Good Practice, gazette No 36928, dd 11 October 2013
- The Amended Specialised and QSE Codes of Good Practice, gazette No 38766, dd 6 May 2015
- The Amended Code Series 300, gazette No 42496, dd 31 May 2019
- The Amended code Series 400, gazette No 42496, dd 31 May 2019
- The Amended Code Series 000, gazette No 42496, dd 31 May 2019
Youth Employment Service (Y.E.S) Programme
- Y.E.S Scorecard, gazette No 41866, dd 28 August 2018
