Text/HTMLMinimize

Abridged version of the Tourism BEE Charter

BEE Indicators

The Charter essentially defines seven core factors of BEE. This range of factors is a characteristic of broad-based BEE. These factors are known as indicators and are defined as the following:

  • Ownership  
  • Strategic Representation
  • Employment Equity
  • Skills Development  
  • Preferential Procurement
  • Enterprise Development
  • Social Development

Ownership 

Broad-based ownership is ownership by a broader range of black persons, such as employees, communities, etc.

Strategic Representation 

Strategic Representation measures broad participation and executive management participation. If an enterprise has no board of directors, then the persons who assume similar responsibilities will be taken into account. Executive representation refers to participation by black people in the senior non-board level management of an enterprise.

Employment Equity 

According to the Employment Equity Act, employers are bound to eliminate unfair discrimination in the workplace by removing the historical barriers that prevent the advancement of black people.

Skills Development 

Skills development includes strategies to develop and improve the skills of the South African workforce. Skills development provides for learnerships that lead to recognised occupational qualifications and enterprises qualify for financial support for their skills development from the National Skills Fund.

Preferential Procurement 

Preferential procurement is a measure designed to widen market access for black entities, in order to integrate them into the mainstream of the economy. The broad-based BEE status of the company is favoured in the identification, selection and retention of suppliers.

Enterprise Development 

Enterprise development measures the implementation of initiatives that have been set up to assist and accelerate the development of enterprises. The main objective is to help set up, nurture and grow viable BEE enterprises that are majority owned by black operators while developing existing companies.

Social Development 

Social development initiatives contribute to education, community programmes, job creation, training, health, conservation, community tourism and marketing activities that develop the local black tourist market.

                                                                                                        Next Page 


  
 
Copyright (c) 2010 Tourism Empowerment Council of South Africa (TECSA) | Terms Of Use | Privacy Statement | Win on the Web