What is B-BBEE?

Broad-Based Black Economic Empowerment is defined in the BEE Act as: “…an integrated and coherent socio-economic process that directly contributes to the economic transformation of South Africa and brings about significant increases in the number of black people that manage, own and control the country’s economy, as well as significant increases in the number of black people* that manage, own and control the country’s economy, as well as significant decreases in income inequalities”.

* The term ‘black people’ refers to African, Indian and Coloured South African citizens.