Johannesburg - Trade and Industry Minister Rob Davies on
Friday launched a broad-based black empowerment (B-BBEE) management development
programme to be offered by universities.
"For the first time we are institutionalising and
professionalising B-BBEE, thus entrenching it within the economic system,"
Davies said at the launch outside Pretoria, according to a statement from the
department of trade and industry.
The programme, which would be offered by the University of
SA and the University of the Witwatersrand, was aimed at ensuring uniformity
and consistency in the implementation of B-BBEE.
"The programme presents exciting career opportunities
for new entrants into this industry. Students can now elect to study B-BBEE as
a profession," said Davies.
Business Unity SA (Busa)
welcomed the programme as a positive step towards regulating the verification
industry.
"The programme will go a
long way in promoting compliance with the objectives and principles of the
broad based black economic empowerment and the codes of good practice,"
Busa said in a statement.
"Busa is of the view that this positive development will open the market and smooth entry of new players and as such bring the much needed capacity to allow as many companies as possible to be verified."