24 Read the following scenario and answer the questions that follow SMIT AND NKOSI TRANSPORT SERVICES [SANTS] SANTS is a long distance bulk goods transport provider. The company recently appointed its first female director. SANTS normally outsource some small contracts to Tshabalala Transport services. SANTS offer bursaries to deserving learners. 2.4.1 Identify TWO BBBEE pillars from the scenario. Motivate your answer with a quote from the scenario (4) 2.4.2 Discuss the purpose of the Broad Based Black Economic Empowerment Act (BBBEE) (2) 2.5 Explain the roles of SETAs in improving the skilis of employees (3) [20]
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SANTS is paving the way for diversity and empowerment by recently appointing its first female director—this showcases the pillar of **Management Control**. Additionally, the provision of bursaries to deserving learners highlights the **Skills Development** pillar, as it focuses on enhancing education and training opportunities for underrepresented groups. The Broad-Based Black Economic Empowerment Act (BBBEE) aims to redress historical inequalities in South Africa’s economy by promoting economic participation of black individuals, thereby facilitating sustainable growth and development. It creates a framework that encourages businesses to implement practices that contribute to equitable transformation in society. SETAs, or Sector Education and Training Authorities, play a vital role in improving employee skills by identifying training needs specific to different industries. They facilitate the development of skills programs and ensure funding and resources are allocated to these initiatives, enhancing workforce capabilities and contributing to a more skilled labor market, which ultimately benefits the economy.
