Understanding Broad-Based Black Economic Empowerment Online Course

Overview

Principles, policies, and frameworks aimed at promoting economic transformation and inclusivity in South Africa. This includes understanding BBBEE codes, compliance requirements, strategies for implementing empowerment initiatives, and the impact of these measures on businesses and society regarding employment, procurement, skills development, and equity ownership.

Understanding Broad-Based Black Economic Empowerment (B-BBEE) is essential for individuals, businesses, and policymakers alike. It plays a vital role in promoting economic transformation, equity, and inclusion, especially in South Africa. B-BBEE has far-reaching implications—not only for business compliance and competitiveness but also for broader goals such as economic development, job creation, poverty reduction, and social cohesion. This course unpacks the key principles and practical applications of B-BBEE, helping learners understand its impact and relevance in driving meaningful change.

Course Content

  • Mastering BBBEE introduction 
  • What is BBBEE and who governs it? 
  • Purpose of the BBBEE codes
  • The different categories or sizes of businesses
 
  • The verification process
  • Fronting and consequences
  • Completion of a BEE affidavit
  • Elements of BBBEE scorecard
  • Ownership – statement 100
  • Management control – statement 200 
  • Skills development – statement 300 
  • Enterprise and supplier development statement 400 – Part 1
  • Enterprise and supplier development statement 400 – Part 2 
  • Socio-economic development – Statement 500
  • Yes (Youth Employment Services)initiative
  • Non-accredited: Short course only  
  • Duration: 1h 30m
  • Delivery: Classroom/Online/Blended
  • Access Period: 12 Months 
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