ISSUED BY: Gordon Institute of Business Science
The B-BBEE Act 53 of 2003 ranks companies on different levels of compliance, based on five factors of black empowerment: ownership, management, skills development, enterprise development and socio-economic development. In the overall score, each factor has a different percentage weighting.
Gibs scored a total of 135 points in its assessment, which looked at factors such as management control, skills development, enterprise and supplier development, and socio-economic development.
The school’s investment in the Youth Empowerment Service (YES) programme, a one-year work experience programme aimed at increasing youth employability and ensuring soft skills and job readiness, has again helped enhance the School’s compliance.