Socio-Economic Development, the NPAT calculation and industry norms

In a previous article in July 2018 the benefits of implementing Socio-Economic Development were discussed. The financial aspects within SED are often misunderstood as the compliance criteria and resultant calculations could be confusing. The most critical aspect of this B-BBEE Element is that SED initiatives should result insustainable economic participation by its intended beneficiaries and […]

Socio-Economic Development and the NPAT calculation

The objective of this element is to measure initiatives that contribute toward SED or to Sector Specific Programmes that promote access to the economy whereby contributions are any monetary or non-monetary contribution implemented for  individuals (natural individual or group of natural individuals) or communities, where at least 75% of the beneficiaries are classified as black […]