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B-BBEE

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The national Broad-Based Black Economic Empowerment (B-BBEE) strategy was born out of the constitutional requirement for previously disadvantaged individuals and entities in South Africa to have equal access to the economy. It consists of three measurable components, namely Direct Investment; Human Development and Employment Equity; and Indirect Empowerment. The B-BBEE scorecard for each South African company indicates the measure of success they are having in contributing to this national strategy. At BCX, the B-BBEE strategy…

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