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BBBEEBroad Based Black Economic Empowerment (South Africa)
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According to the company, during 2015, significant changes were made to the Broad Based Black Economic Empowerment (BBBEE) legislation in South Africa necessitating a review of BTS investment in AvoVision.
The 2013 Good Business Award calls on all Development Bank clients to enter the competition, in which the merits of the enterprises are adjudicated by a judging panel, and rated based on various key developmental issues Factors of particular note are the number of jobs created or retained, managerial capacity, business administration and contribution to broad based Black Economic Empowerment.
Some chapters present statistical data of employment demographics in the public service (Naidoo, Chipkin) and the wider workplace (Modisha); there are case studies of transformation in the mining industry (Bezuidenhout), schools (Chisholm), historically black universities (Morrow), and global football (Desai); and policy analyses focusing on the history and ideological underpinnings of racial redress (Ndletyana), Broad Based Black Economic Empowerment (Sanchez), and sport (Desai and Ramjettan).