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Broad Based Black
Economic Empowerment Strategy
Abasizi is formulating a BEE Strategy aligned with the Revised version of the 1st phase on Codes of Good Practice for BEE by the Department of Trade and Industry. The primary focus areas of our strategy are as follows :
Employment Equity
Abasizi utilises outsourced education and training development practitioner’s. Preference is given to black people. Abasizi has 15 ETD practitioners – 60% black and 40% female.
Skills Development
Abasizi firmly believes that the building blocks of any true empowerment starts with Skills Development. Accordingly, Abasizi is committed to developing their trainers, assessors, coaches, and moderators to their full potential. Abasizi has embarked on a long-term program of development and training for individuals according to their abilities and strengths.
Enterprise Development
Abasizi recognises that for any BEE strategy to be successful, enterprise development must form a vital part of the strategy. In line with this goal, in the procurement of outsourced trainers by Abasizi, preference is given to Black people and Black Owned enterprises. As an extension of this, Abasizi is committed to the development of the personnel of these enterprises and includes their staff in our strategic plan for Skills Development.
Residual element
The residual Element measures the extent to which social development and sector specific initiatives directly or indirectly facilitate access to the economy for black people. Abasizi focuses principally on training and development of individuals who were previously unemployed.
We are in the process of aligning training and development with requirements of the EPWP. The majority of learners trained to date, are formerly unemployed individuals from local communities in the areas in which our clients are operational. This training enables the individuals to get the necessary training to have access to temporary contract employment. In addition to this, as their training is CETA accredited it results in a transferability of skills, making the individuals more employable and more likely to access employment in the future.
