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February 20, 2023

DYK – The B-BBEE Policy In South Africa Also Applies To The Agricultural Sector?

The goal of B-BBEE in the agri sector is to promote the participation and advancement of black farmers and agri-businesses while ensuring that they have the necessary skills, resources, and support to succeed. This includes initiatives such as land reform, which aims to transfer land ownership from white to black farmers, and support for small-scale and emerging farmers. The agri sector is a key contributor to the South African economy, and B-BBEE aims to ensure that the benefits of this industry are shared more equitably among all citizens.

The B-BBEE codes for the agri sector also promote the development of rural communities through job creation and investment in infrastructure, education, and training. It also encourages partnerships between established agri-businesses and black-owned enterprises to share knowledge and resources and promote sustainable growth in the sector.

To find out how SEESA can help your business visit our website at:

https://www.seesa.co.za/

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