EAP Targets, Industry Norms and elective AGM voting rights are only available for current ABP Members in good standing.
It is that time of the year again, for the renewal of your ABP membership for 2021. ABP is pleased to be able to announce a 0% increase of fees to members (new and renewal) who make payment on or before 31 December 2020. Thereafter a 5% increase of fees will be applicable. For further information, please contact the ABP office. Current Members have until 31 March 2021 to renew membership.
The Economic Empowerment Professional (EEP) designation is a nationally recognised designation awarded to the BEE Professionals practicing in the field either as BEE Verification Professionals, BEE Consulting Professionals and Corporate Transformation Managers and Practitioners affirming their astute knowledge and skills in the understanding and application of the Codes of Good Practice on B-BBEE. The designation is awarded to experienced persons who have also successfully completed the B-BBEE Management Development Program (MDP) which is a post graduate programme offered by UNISA and Wits Business Enterprise
Due to the compliance requirements of the “Protection of Personal Information Act”, as set by government, we are required by law to have on file the latest signed membership application forms. The POPI Act has come into effect on the 1st of July 2020, but a 12-month grace period has been given to become POPI-compliant by the 1st of July 2021.
The Association of B-BBEE Professionals (ABP) is an independent national Membership Organisation established to lead the Black Economic Empowerment (B-BBEE) Verification Industry as it takes up a vital role in the transformation of the South African economy.
This website serves as a resource for ABP Members, the Verification Industry at large, and for the corporate sector looking for more information on B-BEEE Verification. ABP prides itself on being a valuable tool in the growth of the Verification Industry, and in the advancement and development of B-BBEE good practices in accordance with Government policy.
The amalgamation of Association of BEE Professionals (“ABP”), the National Association of BEE Consultants (“NABC”) and the South African Institute of Professional Accountants (“SAIPA”) has welcomed the merger of the two bodies and has signed a Memorandum of Understanding (“MoU”) with the new institute ABP to participate in their initiatives, to serve the interests of the BEE industry.
NABC is the recognised Members’ body for BEE Consultants, while ABP is the recognised Members’ body for BEE Verification Professionals, and considers the amalgamation to be mutually beneficial, establishing a single point of contact for engagement with the dtic, combining its membership to derive economies of scale, align in efforts to professionalise the industry and enhancing the positive impact on transformation and Broad-Based Black Economic Empowerment specifically.
The Executive Committees of both organisations have invested considerable time in the last year to engage with the dtic to support changes in legislation and the desired clarification around these changes. We believe that a dedicated BEE Industry Body has a significant role to play in the future of BEE in South Africa and it is our desire to continue to serve on the dtic‘s Joint Technical Committee (“JTC”) in support of the policy.
Why the Amalgamated Body?
- Re-aligning our position – inclusive not exclusive
- Important to speak with ONE voice when representing the industry
- A single Code of Conduct for all industry players – one channel for raising complaints and appeals
- Standardized qualification criteria and a single CPD programme for all Members
- Consistent application of the Codes with the same interpretation
- Unified and intensified engagements with the dtic – BEE Custodian
- Current membership includes BEE Verification Agencies (VAs), Individual BEE Consultants, BEE Consulting Firms, Corporates, Accounting Officers & Auditors
The new ABP
- All three bodies being represented and forming ONE Industry Body
- ABP & NABC Members merges into ABP
- ABP & SAIPA forms a formal working relationship via a MoU
- Caters for all industry players
- BEE Verification Professionals – VAs
- BEE Consulting Professionals – Consultants
- BEE Practising Professionals – Private and Public experts
- Stabilized market conditions
- Reputable Professional Body and Members
- Improved standards of BEE Professionals
- Certainty of verification outcomes
- Less points-shopping due to single interpretation
- Leveled playing field
- Consistent transformation outcomes
- Measurable BEE and transformation targets
ABP – professionalizing the industry – raising the bar
- Catalyst for formal engagement with the dtic
- All three Industry Bodies have been representing their Members on formal structures (separately)
- the dtic’s JTC, SANAS STC and other sub-committees
- the B-BBEE MDP Steering Committee
- Market industry-related functions and summits (BEE, procurement and transformation conferences)
- Answered a call by the dtic for a single or consolidated professional Industry Body
- Been working together on professionalizing the industry
Though we do welcome all enquiries ABP receives, kindly note that we are only able to assist current ABP Members.