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Impact of Amended Broad-Based Black Economic Empowerment (B-BBEE) Codes on Chemicals Market in South Africa
Impact of Amended Broad-Based Black Economic Empowerment (B-BBEE) Codes on Chemicals Market in South Africa
Mandatory Ownership Element Along With Enterprise and Supplier Development to Incentivise New Supply Chain Models
RELEASE DATE
13-May-2016
13-May-2016
REGION
Africa
Africa
Research Code: 9AB5-00-14-00-00
SKU: CM01229-AF-MR_18568
$1,500.00
In stock
SKU
CM01229-AF-MR_18568
Description
Broad-Based Black Economic Empowerment (B-BBEE) is a specific government policy aimed at addressing the legacy of Apartheid by enhancing the participation of Black people in the South African economy. This transformational and legislative framework was first introduced in 2003 as the Broad-Based Black Economic Empowerment Act (No. 53 of 2003) and has since undergone various iterations. The study investigates the most recent amendments to understand what changes have been made to the B-BBEE framework and how these impact the chemicals industry in South Africa.
Table of Contents
Key Findings
Key Findings (continued)
Introduction
Market Definitions
Market Definitions (continued)
Market Definitions (continued)
Abbreviations and Acronyms
Amendments to the B-BBEE Act
Emphasis on Priority Pillars
Emphasis on Priority Pillars—Ownership
Emphasis on Priority Pillars—Ownership (continued)
Emphasis on Priority Pillars—Ownership (continued)
Emphasis on Priority Pillars—Enterprise and Supplier Development Element
Emphasis on Priority Pillars—Enterprise and Supplier Development Element (continued)
Reducing the Number of Scorecard Elements
Reducing the Number of Scorecard Elements (continued)
Scorecard Point Reallocation
Other Amendments
Compliance Remains Voluntary
Generic versus Sector Codes
Highlighted Changes to QSE Elements
Highlighted Changes to QSE Elements (continued)
Highlighted Changes to QSE Elements (continued)
The Companies of Interest
B-BBEE Scorecards for the 6 Listed SA Chemicals Companies
Current versus Anticipated B-BBEE Status
Maintaining B-BBEE Status—Empowering Suppliers
Maintaining B-BBEE Status—Empowering Suppliers (continued)
Maintaining B-BBEE Status—51% Black Owned and 30% Black Women Owned Companies
Growth Challenges—Supplier Perspective
What is the Value of a High B-BBEE Accreditation?
Preferential Procurement Scorecard—Old Codes
Enterprise Development Beneficiaries and Value-Adding Suppliers—Old Codes
Preferential Procurement Scorecard—Amended Codes
Estimation of the Procurement Targets—Old versus Amended Codes
Estimation of the Procurement Targets—Old versus Amended Codes (continued)
Estimation of the Procurement Targets—Old versus Amended Codes (continued)
Estimation of the Procurement Targets—Old versus Amended Codes (continued)
B-BBEE—A Potential Competitive Advantage
Enterprise and Supplier Development is Key to Attaining Attractive B-BBEE Scores
B-BBEE Downgrades Compounded by Supplier Downgrades
Enterprise and Supplier Development—Opportunities for Supply Chain Alignment or Integration
Legal Disclaimer
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Popular Topics
Broad-Based Black Economic Empowerment (B-BBEE) is a specific government policy aimed at addressing the legacy of Apartheid by enhancing the participation of Black people in the South African economy. This transformational and legislative framework was first introduced in 2003 as the Broad-Based Black Economic Empowerment Act (No. 53 of 2003) and has since undergone various iterations. The study investigates the most recent amendments to understand what changes have been made to the B-BBEE framework and how these impact the chemicals industry in South Africa.
No Index | No |
---|---|
Podcast | No |
Author | Henri de Klerk |
Industries | Chemicals and Materials |
WIP Number | 9AB5-00-14-00-00 |
Is Prebook | No |