Friday, 8 June 2012

Agriculture improves its BEE compliance


HOPEWELL RADEBE
MOST agricultural businesses either have a valid broad-based black economic empowerment (BEE) scorecard or are in the process of updating it, a big improvement from previous surveys in 2007 and 2009, when agri-businesses trailed other sectors.
Reporting on the Agbiz 2012 Agribusiness BEE Survey, the Agricultural Business Chamber’s economic intelligence and finance manager, Lindie Stroebel, told the chamber’s congress on Wednesday that the latest figures showed increasing levels of understanding of empowerment and general support for it in large and small agribusinesses.
While the larger businesses which had invested into structures take care of compliance, the survey showed that the smaller ones had less capacity and were finding it difficult to maintain compliance. The survey identified some constraints, including difficulties in implementing employment equity plans and finding suitably qualified managers. It also found that the lack of support from government and regulatory bodies was limiting progress.
Ms Stroebel said businesses had identified their role in socioeconomic development as their highest priority, followed by their preparedness to assist in black enterprise development, then skills development and lastly giving preferential procurement to black enterprises. In the 2007 and 2009 surveys, skills development of black staff for senior positions was agribusiness’s main priority.
Vuyo Jack, chairman of empowerment rating agency Empowerdex, said yesterday agribusiness should strive for a culture of contributing towards sustainable development, rather than seeing it as a cost burden. "BEE is not something you do once and forget, it is a process and journey as opposed to just a destination," he said.
radebeh@bdfm.co.za
Original Article Here

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