These sentiments were expressed despite the fact that the majority of respondents indicated that they as individuals could stand to benefit if the companies they were employed in became BEE-compliant.L.P. KrugerSouthern African Business Review
Define BEE Compliant. means compliant with the Codes of Good Practice published by the Minister of Trade and Industry of South Africa in terms of the Broad-Based Black Economic Empowerment Act, 53 of 2003, as amended, to the extent that such codes are ap
51% Black owned EME companies are a level 2, which amounts to a 125% BEE Procurement Recognition. 100% Black owned EME companies are a level 1, which amounts to a 135% BEE Procurement Recognition. (Black is defined as any African , Indian, Coloured & Chinese , South- African Citizen)...