One thought on “How do the BEE codes and scorecard work?

  1. Arti says:

    BEE refers to the government’s policy,  B-BBEE is the implementation of the policy. Black economic empowerment – or broad-based black economic empowerment, as it’s technically known – is not affirmative action, although employment equity forms part of it. Nor does it aim to take wealth from one group and give it to another. Both refer to the same strategic framework that seeks to right the wrongs of the past and to distribute the wealth of nation across all races and genders. The Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice emerged in 2007 to provide a standard framework for the measurement of BEE across all sectors of the economy.

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