Emerging Farmers
Mabele Fuels’ feedstock procurement plan favours local emerging farmers, especially those cultivating under-developed land. This will result in rural development, empower emerging farmers and restituted landowners in South Africa, and align with the government’s Broad-Based Black Economic Empowerment laws and policies.
The Broad-Based Black Economic Empowerment (B-BBEE) policy in South Africa was established with the goal of addressing historical inequalities and promoting economic participation among the black population. This policy has evolved through a series of legislative frameworks and amendments aimed at refining and improving its effectiveness in achieving economic transformation.
The journey of B-BBEE began significantly after the election of South Africa’s first democratic government in 1994, which was tasked with redressing past inequalities across political, social, and economic domains. The official B-BBEE strategy was first outlined in 2003 with the publication of the B-BBEE Act, No. 53 of 2003. This Act set the foundation for the policy, empowering the Minister of Trade and Industry to issue Codes of Good Practice and establish Transformation Charters. These tools were designed to guide the practical implementation of B-BBEE across various sectors of the economy.
In 2007, the B-BBEE Codes of Good Practice were introduced, providing a detailed framework for the application of B-BBEE. This was followed by the formation of the B-BBEE Advisory Council in 2009 to monitor and guide the overall performance of B-BBEE and make policy recommendations for its improvement.
A significant milestone was reached with the amendment of the B-BBEE Act in 2013, which came into effect in October 2014. This amendment aimed to further refine the policy to emphasise productive B-BBEE and support the growth of black entrepreneurs through Enterprise and Supplier Development elements. The refined Codes introduced in 2013 highlighted a shift towards more effective and impactful economic transformation.
