Economic Empowerment

Various initiatives have been undertaken to implement Broad-Based Black Economic Empowerment (B-BBEE), including the establishment of B-BBEE Codes of Good Practice; the development of Sector Charters in Forestry, Tourism, Construction and Transport; accreditation of B-BBEE Verification Agencies; and establishment of the B-BBEE Advisory Council. The focus has also been on developing co-operatives, which operate in the mainly informal and marginalised sector of the economy, as well as empowering women-owned businesses via the provision of financial and business development support services. These programmes involve continuous intergovernmental co-ordination and co-operation with government institutions.
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