Definition
A legislative framework that influences procurement scores; high-level compliance is often required for logistics tenders. Companies are rated on a scorecard covering ownership, management control, skills development, enterprise development, and supplier development.
Frequently asked questions
What is B-BBEE (Broad-Based Black Economic Empowerment)?
A legislative framework that influences procurement scores; high-level compliance is often required for logistics tenders. Companies are rated on a scorecard covering ownership, management control, skills development, enterprise development, and supplier development.
Which glossary terms are related to B-BBEE (Broad-Based Black Economic Empowerment)?
B-BBEE (Broad-Based Black Economic Empowerment) is a customs & sars term in the South African import/export industry. Related terms in the same area include 70707070 (Customs Code), Ad Valorem Duty, AEO (Authorised Economic Operator), Anti-Dumping Duty, Bill of Entry — each has its own plain-English definition in the TradeCaravan glossary.