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27/03/2011Broad-based black economic empowerment (B-BBEE)
Here's a guide to the basics of B-BBEE.
“Black people” are defined as meaning Africans, Coloureds (including Chinese) and Indians as natural persons who are citizens of South Africa by birth or descent.
All companies and organisations are encouraged to comply with B-BBEE Codes of Good Practice and they are required to demonstrate their B-BBEE credentials based on measurable indicators and targets across seven scorecard elements. However, the B-BBEE compliance standard and environment remains voluntary and self-regulatory.
The seven elements of the B-BBEE scorecard are as follows:
- management control
- employment equity
- skills development
- preferential procurement
- enterprise development
- socio-economic development
To obtain a copy and for a more detailed guide to the Department of Trade & Industry’s B-BBEE scorecard, please visit www.thedti.gov.za
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- Inside Expatica
There are three main types of temporary work permits one can apply for in South Africa.
Here's a listing of the numbers you may need in case of emergency.
Only 40 percent of South Africa’s spending on health care goes to the public sector and the government has encouraged more people to take out private medical cover in order to ease the burden on the public system.
From how to set up an account before you arrive to the where, how, and when of banking once you're there, we take you through the details of banking as an expat in South Africa.