Black Economic Empowerment (BEE) is a programme launched by the South African government to redress the inequalities of Apartheid by reversing it and by giving certain previously disadvantaged groups of South African citizens economic privileges previously not available to them. It includes measures such as Employment Preference, skills development, ownership, management, socioeconomic development, and preferential procurement.

On 9 February 2007, the first BEE Codes of Good Practice was gazetted by the South-African Government. This newest release of the Codes is also known as Broad-Based Black Economic Empowerment or B-BBEE

This included the following Codes:

Code 100 – Ownership

Code 200 – Management & Control

Code 300 – Employment Equity

Code 400 – Skills Development

Code 500 – Preferential Procurement

Code 600 – Enterprise Development

Code 700 – Socioeconomic development

Codes 800 – 807 - Qualifying Small Enterprises

The following sector scorecards have also been gazetted (in terms of section 12):

Financial Sector Scorecard

Construction Sector Scorecard

Tourism Sector Code

Level Four BBBEE Contributor

[t] 012 940 0771   [f] 086 560 4930   [e] admin@phoenixbee.co.za   [c] 082 547 2089

Reg No: 2012/149669/07   Director: J Kruger