B-BBEE

In 2003, Government promulgated the Broad-Based Black Economic Empowerment Act No. 53 of 2003 to establish a legislative framework for the promotion of Black Economic Empowerment in South Africa. The Act made provision for the development of the Codes of Good Practice and establishment of the Sector Charters.       

Accordingly, in 2005 the Tourism B-BBEE Charter was developed and signed as a commitment by all stakeholders in the Tourism Sector to the empowerment, transformation and collaboration to ensure that the opportunities and benefits of the Tourism Sector are also extended to Black South Africans.       

Arising from the Charter, the Tourism B-BBEE Sector Code was d in May 2009. The purpose of the Code is to promote the achievement of the constitutional right to equality, increased broad-based and effective participation of black people in the economy, promoting high economic growth rate, employment and equitable income distribution.       

In October 2013, the Minister of Trade and Industry (DTI) issued the Amended Generic Codes of Good Practice under section 9 (1) of the B-BBEE Act No. 53 of 2003 as amended. Arising from the Amended Generic Codes of Good Practice, all sector Charter Councils were required to align and gazette their specific Sector Codes under Section nine (9) of the B-BBEE Amendment Act No. 46 of 2013.       

Accordingly, in November 2015 the Tourism B-BBEE Charter Council gazetted the Amended Tourism B-BBEE Sector Code in line with the Amended Generic Codes of Good Practice. The compliance targets of the Tourism Code as amended have been revised in consultation with stakeholders in the tourism sector. The Code is effective from the date on which it was gazetted and there is no transition period applicable.