Few Words About Us
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The National Association of BEE
Consultants
Members of the NABC are practicing Professional consultants in the
field of Broad-Based Black Economic Empowerment.
We add and receive value in regular cooperation with the DTI team and
with ABVA (the Association of Verification Agencies).
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Background to NABC
It is generally agreed that the process of equalizing and integrating
economic participation for all in SA is
enormously important. It is therefore essential that the design and
management of the process be of high
quality. There are three groups of persons professionally involved in
the BEE transformation process, namely:
- The staff of the DTI;
- Verification agents (members of ABVA etc.); and
- BEE consultants
The complexity of the BEE codes makes it impractical if not impossible
for most small and medium sized
businesses to organise their own BEE affairs and it is clear that this
was an area where the services of consultants
are needed.
When the BEE process started, a number of reputable persons from
various existing professions such as lawyers,
accountants and business consultants set up their own services to
assist businesses in developing and assessing
their BEE status. Unfortunately, for some others it became purely a
money-making opportunity to be exploited
by them, because there was no coordination, no training and no attempt
at quality assurance. As a result some
clients were severely misled and some also lost money. The public image
of BEE suffered damage and it became
clear that a self-regulating association was badly needed.
The NABC was therefore formed to introduce coordination, training,
information and a measure of quality
assurance to our members and their clients as well as to protect the
BEE process and its important economic
objectives for the country.
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