BEE

B-BBEE summit to be held next month

The Department of Trade & Industry (the dti), in collaboration with the Presidential B-BBEE Advisory Council and the government will host the first ever National B-BBEE Summit from October 3-4 at Gallagher Estate Midrand. The Summit signifies the celebration of 10 years of empowerment since the B-BBEE Act was promulgated in 2003. The dti intends to re-orientate the framework, to re-position B-BBEE as a catalyst for economic growth and development and to demystify the myth of B-BBEE being demonised and viewed as non-productive and not growing the economy. The government will unveil the amended B-BBEE Act and refined B-BBEE Codes of Good Practice at the summit and showcase some of the success stories on B-BBEE in the past decade. The event will create a platform for exhibitions and facilitate networking between micro enterprises and big businesses, government, state-owned enterprises, private businesses, labour and multinationals.