Understanding B-BBEE in Simple Terms
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B-BBEE is a term used often in South Africa, and it stands for Broad-Based Black Economic Empowerment. It affects how businesses work with each other, win tenders, or apply for certain licences. For a business to stay ahead in the market, it’s important to understand how to meet B-BBEE compliance standards. This is not about ticking boxes but about making sure your business fits into a set of national goals.
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