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DTI: BEE Advisory Council sets out it's role to ensure transformation

Rob Davies
Photo by Duane Daws
Rob Davies

19th May 2015

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/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

The Presidential Advisory Council on Broad-Based Black Economic Empowerment (B-BBEE) has set itself clearly cut out responsibilities and targets to ensure an active role in transforming the economy of the country. The Council, which was appointed by President Jacob Zuma late last year, has already held its first meeting and underwent induction into its new role, at the Department of Trade and Industry (the dti).

Addressing the council members in Pretoria today, the Minister of Trade and Industry, Dr Rob Davies said the role of the council will be to advise government at the highest level on the policy framework, the impact and shortcomings of BEE and on whether the current provisions are working or not. Davies said government would like to see a model where small businesses are able to play an active role in the economy of the country.

“The aim of the new Codes is to ensure that companies score broadly across the score-card for people to be real players in the economy. We also want to encourage and engender a change in behaviour to enable SMMEs to become part of the industrialised economy,” he highlighted.

According to Davies, the manufacturing sector has not transformed to the required levels as there are not enough black industrialists. He said it was for this reason that the Black Industrialists programme led by Deputy Minister Masina was important to South Africa and that transformation in this sector was required as industrialisation was the driver of economic growth.

Davies also said some of the earlier preliminary research had indicated that there was a lot of fronting and said this Council should research progress with regards to the implementation of the BEE Act.

A member of the Council, Professor Elias Links said the council had set itself priority programmes to focus on in order to ensure that they deal with the broader mandate given to them. According to him these priority programmes included the economic revitalisation of township and broader urban renewal interventions, determining the programmes that give meaning to radical economic transformation which includes the inclusion of BEE in the implementation of the National Development Plan.

Links also said the priorities will have comparative analyses of sector codes versus the generic as a standard, the Black Industrialists programme as well as looking at the overall assessment of the implementation of B-BBEE.

Davies encouraged the council members to familiarise themselves with other areas of B-BBEE including Equity Equivalence and assured them of the support of the dti in its role as the secretariat.

 

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