Broad-Based Black Economic Empowerment (B-BBEE) is a specific government policy to advance economic transformation and enhance the economic participation of black people in the South African economy.
At AIM Print, our vision of this policy is to work towards ensuring, through equity and
empowerment policies and strategic interventions, that we as an enterprise are restructured, to enable the meaningful participation of black people, women and rural or under-developed communities in the mainstream economy, in a manner that has a positive impact on employment, income redistribution, structural re-adjustment and economic growth.
We are a Level 2 B-BBEE contributing enterprise, which translates to many advantages for our clients. AIM Print is at a 125% BEE procurement recognition level meaning we are above and beyond the requirements for compliance.
At AIM Print our growth strategy includes a focus on broadening participation, equity and access to redress for all economic citizens, particularly those previously marginalised. The Black Economic Empowerment (BEE) Act facilitates the our work in this area by establishing a framework for the promotion of BEE.
The B-BBEE Codes of Good Practice emerged in February 2007 as an implementation
framework for the B-BBEE policy and legislation. After the implementation thereof, institutional mechanisms were established for the monitoring and evaluation of
B-BBEE in the entire economy.
B-BBEE is a significant strategic issue and, opportunity across the spectrum of businesses and industries of all sizes operating in South Africa today.
Here at AIM Print the practical working of B-BBEE requires us as a business to ensure that we are always aware of this impact of our economic environment. We believe that it is essential to stay aware to these various upliftment policies and initiative within the South African business framework.