BBBBBEE170 is an essential ingredient in facilitating the meaningful participation
of blacks at all levels of the South African economy, in order to ensure
sustainable socio-political and economic stability and the sustainability of the
economic growth and development.
BBBEE key principles
⢠It is an ongoing process and not an event
⢠It is a business imperative and an integral component of the companyâs
business strategy and is based on the core values of the organization
â¢
⢠It must result in meaningful and significant participation of blacks in the
company and in the broader economy, through substantial changes in the
racial composition of ownership, control, management structures and of
skilled and specialist positions
⢠It must lead to advantaged strategic position for the company, greater
profitability, business growth and sustainable increase in stakeholder
value
⢠it is the responsibility of all management in the organisation
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ufs/oai:etd.uovs.ac.za:etd-01252008-104121 |
| Date | 25 January 2008 |
| Creators | Knoetze, Hyla Magdalena |
| Contributors | Prof E Snyman-van Deventer, Ms M Conradie |
| Publisher | University of the Free State |
| Source Sets | South African National ETD Portal |
| Language | en-uk |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.uovs.ac.za//theses/available/etd-01252008-104121/restricted/ |
| Rights | unrestricted, I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to University Free State or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. |
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