Title: Black Economic Empowerment Act (BEE)

Languages: English

Type: Document

Published: January 1, 2004

Region: Sub-Saharan Africa

Country: South Africa

Topics: SMEs

Keywords: Legal Framework


Document Details:


Conforming the Black Economic Empowerment Act (BEE) , this contract includes several clauses for its compliance such as preferential procurement with SMEs or BEE compliant suppliers. Likewise, the contract includes indicators and milestones that should be achieve in different stages of the contract, such as Enterprise Development that is measured by “Enhanced revenue and/or cost savings and/or twining initiatives facilitated for black owned SMMEs, as a percentage of revenue.”

Clauses: 46; 46.2; 46.2.2; 46.2.11; -; 46.2.17;;; 46.3; 46.3.1; 46.4; 46.4.1.


Related Information:

Tracking Reference:

Black-Economic_Empowerment_Act (BEE)_2004_EN.pdf

Updated: August 25, 2020