Broad-based Black Economic Empowerment Policy (BBBEE)
The objective of
BBBEE is the social and economic upliftment of South Africa’s historically
disadvantaged communities and individuals through improved access to the economy. By helping others
to grow their businesses and provide employment, Barefoot Teacher creates new
opportunities for historically disadvantaged communities, organisations and
individuals.
Barefoot Teacher’s
BBBEE policy is implemented as follows:
Direct Empowerment
– 100% black ownership; 40% female ownership; 100% black management.
Human Resource
Development – we regularly re-invest in training.
Indirect
Empowerment – wherever possible, we outsource to historically disadvantaged
service providers.
Social Investment –
we contribute materially to a number of community and educational initiatives.
Exempt Micro Enterprise (EME) Statement to Customers
In addition the
BEE Codes of Good Practice allow generic companies to earn an additional three
points on their procurement scorecards by allocating 10% of their total
procurement to EME’s.
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