OUR B-BBEE consulting service division is run by a diverse group of professionals to address your specific B-BBEE needs. Initiatives implemented will be carefully planed in line with your company targets.
B-BBEE Enterprise and Supplier Development
ESD is a combination of Preferential Procurement, Supplier Diversity, Supplier Development and Enterprise Development programmes to service business needs. It is part of the B-BBEE policy to advance economic transformation in South Africa. Investing in the programme, Coporates may qualify for significant tax benefits and B-BBEE scorecard points.
B-BBEE Ownership
Equity ownership is a priority element in then new B-BBEE Codes and one of the most difficult for many businesses to achieve. Sourcing the right strategic investor to come into a business is never an easy undertaking. Each Sector code also has specific criteria in terms of the required diversity of black ownership including black women, broad based empowerment as well as credit for other shareholder attributes such as new entrants to the equity ownership market. The Principals of Edu-Wize have almost two decades of experience in corporate finance and private equity transaction structuring. These skills afford us the ability to comprehensively advise each client on the optimal equity structure to effectively conclude BEE transaction as well as source the right strategic black investment partners for each client’s unique needs and then manage the entire transaction from engagement to financial and legal closure.
B-BBEE Management Control
The Management Control Element measures the effective control of an enterprise by Black People. Black People represented in positions that are key to the functioning of companies: This Code encourages the employment of Black People in positions that are core to the operations of a company.
B-BBEE Socio Economic Development
The Management Control Element measures the effective control of an enterprise by Black People. Black People represented in positions that are key to the functioning of companies: This Code encourages the employment of Black People in positions that are core to the operations of a company.
B-BBEE Youth Employment Services
The YES initiative encourages corporates to create employment opportunities for unemployed black youth for at least 12 months. Your company can move two B-BBEE Recognition levels up on the scorecard. The placements may either be in the companies themselves or sponsored for placement in SMEs. Y.ES Measured Entities must ensure that they maintain or improve the BBBEE Status Level and performance against the Targets under the overall Scorecard obtained in the prior year before participating in the Y.E.S initiative.
Implementation of portfolio assessment
We recommend conducting a complimentary desk top feasibility to assess the potential complience risks as well as opportunities for skills development programmes within your portfolio companies.
A project plan will outline how Edu-Wize will colate and manage the entire process to ensure maximum return on your spend and BEE score card.