Broad-Based Black Economic Empowerment (B-BBEE) is a form of Economic Empowerment initiated by the South African government in response to criticism against Narrow Based Empowerment instituted in the country during 2003/2004. While Narrow Based Black Economic Empowerment led to the enrichment of a few black (Black African, Coloured or Indian) individuals, the goal of Broad-Based Empowerment is to distribute wealth across as broad a spectrum of South African society as possible.
Somta’s copy of B-BBEE Accreditation available:
Somta B-BBEE Accreditation: AQ Rated Level 6 valid 19 October 2012 to 18 October 2013
Somta B-BBEE Accreditation: AQ Rated Level 6 valid 31 January 2014 to 31 January 2015
Somta B-BBEE Accreditation: AQ Rated Level 8 valid 25 May 2015 to 24 May 2016
Somta B-BBEE Accreditation: AQ Rated Level 8 valid 31 October 2016 to 30 October 2017