BEE Coming Of

AGE

2013 BEE Survey

Boitumelo Ngutshane
Agenda

Overview

■ Background
■ Results
■ Survey highlights
■ Questions
■ Closing

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 1
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Background
Background
■ 8th consecutive annual BEE Survey

Topics
■ How South African organisations are progressing with B-BBEE

■ Drivers for compliance

■ Do South African organisations believe B-BBEE is achieving its objectives?

■ Revised B-BBEE Codes of Good Practice

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 2
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Results
How South African
organisations are
progressing with
B-BBEE
B-BBEE Average Scores

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 5
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Respondent against Revised Codes

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 6
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Industries against revised
codes
Retail industry

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 8
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Financial services

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 9
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Construction Industry

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 10
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Manufacturing

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 11
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Information and Communication

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 12
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Mining Industry

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 13
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Drivers for compliance
Drivers for compliance

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 15
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Drivers for compliance

What minimum B-BBEE contribution level is expected from your

organisation?

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 16
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Drivers for compliance

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 17
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Do you believe B-BBEE is
achieving
its objectives?
B-BBEE objectives

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 19
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
B-BBEE objectives
Which element is most difficult to comply with?

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 20
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
B-BBEE objectives

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 21
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Survey Highlights
Survey Highlights
• Impact of revised codes
• Drop two levels
• Discounting due to priority element
• Employment equity still challenging:
• Skills development
• Ownership
• Employment Equity

© 2014 KPMG Services (Proprietary) Limited, a South African member firm of the KPMG network of independent member firms affiliated with 23
KPMG International Cooperative (‘KPMG International’), a Swiss entity. All rights reserved.
Questions
© 2014 KPMG Services (Proprietary) Limited, a South
African member firm of the KPMG network of
independent member firms affiliated with KPMG
International Cooperative (‘KPMG International’), a
Swiss entity. All rights reserved.

The KPMG name, logo and “cutting through

complexity” are registered trademarks or trademarks
of KPMG International.