Acts Online
GT Shield

Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Codes of Good Practice on Black Economic Empowerment

Integrated Transport Sector Codes

Forwarding and Clearing Sub-Sector Code for B-BBEE

3. Indicators of Empowerment (to achieve this vision)

3.4 Skills Development

3.4.3 In addition, the Private Industry Commits to:

 

 

3.4.3.1 Identify within and outside their companies a talent pool of black people for accelerated development through the following options:

 

3.4.3.2 International, regional or local assignments that provide high-quality operational and managerial exposure:

 

3.4.3.3 Job rotation and multi-skilling programmes;

 

3.4.3.4 Coaching and mentorship programmes;

 

3.4.3.5 Learnership and internship programmes;

 

3.4.3.6 Further Education and Training (FET);

 

3.4.3.7 Skills programmes;

 

3.4.3.8 Temporary placement of unemployed learners;

 

3.4.3.9 Provision of Adult Basic Education and Training and other lifeskill training; and

 

3.4.3.10 Intra-industry exchange programmes, where feasible.

 

3.4.3.11 The costs associated with the implementation of the above Skills Development interventions include both direct and associated indirect costs.