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SayPro is a Global Solutions Provider working with Individuals, Governments, Corporate Businesses, Municipalities, International Institutions. SayPro works across various Industries, Sectors providing wide range of solutions.
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Written by
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Document Code: SayProP579
Approved By: Neftaly Malatjie, Chief Executive Officer
Last Reviewed: [Insert Date]
Next Review Date: [Insert Date, 6 months from today]
Policy Owner: SayPro Chief Human Capital Officer
The purpose of this procedure is to ensure SayPro’s compliance with the Broad-Based Black Economic Empowerment (B-BBEE) Act, its Codes of Good Practice, and all relevant transformation charters through structured Human Capital practices that promote inclusion, equity, and empowerment.
This procedure applies to all SayPro Human Capital units, operations, partnerships, recruitment activities, skills development, enterprise and supplier development, and social investment initiatives.
Term | Definition |
---|---|
B-BBEE | Broad-Based Black Economic Empowerment: Government policy to advance economic transformation. |
Skills Development | Training and development of black employees and unemployed persons. |
Enterprise Development | Support for black-owned businesses through funding or services. |
Royal Director | SayPro Executive responsible for BEE oversight and compliance. |
Role | Responsibilities |
---|---|
Chief Executive Officer | Strategic leadership and final approval of all BEE initiatives |
Royal Directors | Oversight, monitoring, and reporting on BEE components within their units |
Human Capital Officers | Implementation of recruitment, training, and supplier development strategies |
Finance Officers | Ensure proper funding and investment in BEE initiatives |
Project Teams | Document and report contributions towards BEE goals in their activities |
SayPro adheres to the following frameworks:
Non-compliance may result in legal penalties, funding loss, reputational risk, or disciplinary action.
Q1: What BEE level is SayPro aiming for?
A1: SayPro targets Level 1 or 2 status depending on annual assessments and partner requirements.
Q2: Does BEE only apply to hiring?
A2: No, it covers recruitment, training, supplier relations, and community investments.
Q3: How does SayPro track BEE progress?
A3: Through BEE audits, templates, internal reports, and third-party verifications.
Q4: Can SayPro support external black-owned businesses?
A4: Yes, via SayPro Marketplace, funding, mentorship, and enterprise development programmes.
Q5: Who is responsible for BEE compliance?
A5: All Officers contribute, under the oversight of Royal Directors and final approval by the CEO.