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BEE set up to be studied at graduate level

SOON students will be able to pursue a doctorate in black economic empowerment, a business conference resolved last week.

SOON students will be able to pursue a doctorate in black economic empowerment, a business conference resolved last week.

The third annual BEE conference was held on October 6 - with 140 delegates from different sectors - at theHilton Hotel in Sandton.

The conference was organised by the BEESA Group, BEE Institute and EES-Siyakha.

BEESA Group is an organisation committed to promoting economic growth through implementation of sustainable black empowerment.

The BEE Institute was formed in July to provide support to businesses and practitioners that have adopted the BEE scorecard that evaluates their empowerment process.

EES-Siyakha is a transformation and human resources development consultancy specialising in employment equity transformation.

The conference looked at black empowerment in the context of world economic trends and how the process can best maximise their contribution to the economy.

Keynote speaker Mervyn King said BEE offered a framework that could create unparalleled growth for South Africa if it was implemented correctly.

"Whether you are a BEE director or any other director, sustainability is a critical issue for governance and strategy that needs to be included in one's long-term strategic thinking."

King is a former judge of the supreme court who is also a professor at Unisa's College of Economic and Management Science.

The conference also included the handing out of inaugural BEE awards. Metropolitan Group won the award for employment equity while engineering company Fluor won in the category of skills development.

IT professional services provider Arivia.Kom won the award for best preferential procurement and OUTsurance was the best in socioeconomic development.

Leila Moonda, chief executive of the BEE Institute, said that she was in discussion with a number of higher education institutions to offer BEE qualifications.

"We aim to turn BEE into a profession and one day you will be able to do a doctorate in it."

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