SPONSORED | The sanlam Transformation Gauge platform aims to safeguard the integrity of the original intent of the BBBEE legislation. ArenaEventsZA
With sector-specific analysis, the 2023 report gives an objective assessment of economic transformation in SAThe third edition of the Sanlam Transformation Gauge is set to provide clarity on the performance of broad-based BEE in SA through a comprehensive economic transformation scorecard of the country. The report will be published by Sanlam, the largest non-banking financial services group in Africa, in partnership with theSince legislated in 2003, BBBEE has faced severe headwinds.
With sector-specific analysis, the report will pose the burning question: “Is BEE policy keeping pace with major changes in industries?” It will assess the unseen solutions that could solve persistent policy uncertainty regarding procurement and other areas of BEE. The Sanlam Transformation Gauge 2023 pursues a current view across ownership, management control, skills development, enterprise supplier development and socioeconomic development, to inform industry and country conversations. One consistent theme is that the reality on the ground is worse than the scorecards suggest.
Like the second iteration, the panel of economic and social development experts will put forward actions for progress in the annual publication. For example, the 2022 edition highlighted the lack of a credible and effective national measurement process for BBBEE.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sanlam bullish about Reunert’s mix for load-shedding successThe strong investment case is due to record sales of renewable power products and the energy crisis upping demand for electronics products
Read more »
Sponsored Content: Debunking infrastructure investment mythsInvesting in infrastructure is often seen as the preserve of institutional investors and deemed too risky and illiquid for the ordinary investor. However, these perceptions are slowly changing. Given investments made into infrastructure over the last decade and the scale of further investment needed, the importance of considering infrastructure as part of one’s portfolio cannot be ignored.
Read more »
Sponsored Content: Sustainable collective solutions needed to address hungerSouth Africa experiences the highest levels of inequality in the world and the scope of food-insecurity and the hunger it causes for vulnerable South Africans is prolonged and profound. Everyone has the right to adequate food, but challenges ranging from high unemployment and poverty to the ongoing energy crisis and rising costs of living means households are struggling. This, coupled with the collective impact of climate change, which has resulted in a significant increase of droughts, flooding, heat waves and wildfires – which directly affects farming and harvest production as well as food prices - has amplified the hunger epidemic we now face.
Read more »
Sponsored articles on BusinessTech – The best form of online advertisingThere is no better way to reach your target audience and build your brand than with sponsored articles on BusinessTech.
Read more »
Sponsored: Let’s get out of town: Volkswagen T-CrossSponsored: Not everybody can afford large SUVs and fortunately there are some great crossover vehicles that will make the perfect getaway companion without breaking the bank.
Read more »