Durban – Charities could face ruin over a government proposal that firms could lose black economic empowerment (BEE) points if they donate to charities that do not have 100 percent black beneficiaries.
Some charities believe the proposal means that any firm that donates to a charity that helps a white, coloured or Indian person may not be able to claim points for its BEE scorecard.
It could also mean that if just one white child or person is among a group of black people the charity is helping, the firm that donates to it could lose it points.
A BEE scorecard is used by the government to measure a company’s BEE compliance. Those that comply do business more easily with other companies also wanting to increase their scorecard and are favoured by the government in all aspects relating to business.
Despite repeated attempts since Monday for a response and clarity…
View original post 521 more words