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 Posted: Fri Dec 05, 2008 2:57 am Post subject: South African Government Launches BEE Information Portal |
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South African Government Launches BEE Information Portal
4th Dec.'08
The South African Department of Trade and Industry (DTI) has launched a new website offering a wealth of resources, including legal information and useful tools, related to Black Economic Empowerment (BEE) in South Africa.
The new portal highlights what is expected by the BEE codes of good practice and will help the government monitor and report on the implementation of BEE across the economy. According to the government, the portal will promote business opportunities, manage the flow of information to the department, and provide a channel through which members of the public can report on BEE "fronting".
Visitors to the portal will be able to use an interactive self-assessment tool, likened to a BEE calculator, which will help companies gauge their empowerment credentials. It is also hoped that the portal will simplify compliance and minimise costs associated with broad-based black economic empowerment, standardise the reporting process by stakeholders, and encourage broader participation. bee.thedti.gov.za
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