Definition of Industry Specific Initiatives

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)

Industry Specific Initiatives

Means the qualifying contributions that are unique to the industry in which enterprises operate. For the purposes of the Codes an industry may be grouped in major divisions in accordance with the Standard Industrial Classification Coding System used by Statistic South Africa;

BizAdvance Consulting comments and references:

Relates to the Enterprise and Supplier Development element Statement 400 page 60.

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