In the context of BBBEE, the definition of “Black” has a specific legal meaning that encompasses the following groups: Africans: Individuals of African descent who are South African citizens by birth or descent. Coloureds: A historically defined and diverse group in South Africa, typically incl...
B-BBEE status level of contributor means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act; Full Capacity Deliverability Status or “FCDS” has the meaning set...
BBBEE is an important form of affirmative action to level the playing field and help Black communities build wealth and participate meaningfully in the economy. This is achieved by creating more job opportunities and skills development for Black South Africans. The ultimate aim is for BBBEE to ...
In the context of BBBEE, the definition of “Black” has a specific legal meaning that encompasses the following groups: Africans: Individuals of African descent who are South African citizens by birth or descent. Coloureds: A historically defined and diverse group in South Africa, typically incl...