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New varsity BEE course launched

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.

One of the aims of the programme was to develop a national standardised knowledge base on B-BBEE as well as to create job opportunities for new entrants to the B-BBEE environment.

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."

 

 
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