B-BBEE Must Move From Rules-Based To Impact-Centred 3 hours ago 2 min read
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On 6 May, a panel of some of South Africa’s foremost experts will discuss insights from the highly anticipated
Sanlam Gauge report, which measures the ‘success’ of Broad-Based Black Economic Empowerment (B-BBEE) on a sectoral basis. The first-of-its-kind research found that while progress has been made, the pace is too slow. Conflicting regulation and an incentivised ‘tick-box’ approach are causing stagnation. To drive momentum and meaningful change, measurement must move from a rules-based B-BBEE to one that measures holistic impact and effectiveness.
The
Sanlam Gauge is the first report of its kind to deliver insights on sectoral, rather than individual company performance, to provide a more defined view of how industries within South Africa are transforming.