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Gibs moves up to Level 1 B-BBEE Status
The University of Pretoria's Gordon Institute of Business Science is proud to announce that it has received a B-BBEE Level 1 contributor status, the highest rating on the Broad-Based Black Economic Empowerment scale.
The B-BBEE Act 53 of 2003 ranks companies on different levels of compliance, based on five factors of black empowerment: ownership, management, skills development, enterprise development and socio-economic development. In the overall score, each factor has a different percentage weighting.
Gibs scored a total of 135 points in its assessment, which looked at factors such as management control, skills development, enterprise and supplier development, and socio-economic development.
The school’s investment in the Youth Empowerment Service (YES) programme, a one-year work experience programme aimed at increasing youth employability and ensuring soft skills and job readiness, has again helped enhance the School’s compliance.
"We would like to thank you, for choosing Gibs. We will continue to accelerate talent transformation and socio-economic advancement as we work together to develop current and future leaders," said Gibs dean, Professor Morris Mthombeni.
(GIBS) has been built around its intent to significantly improve responsible individual and organisational performance, through high-quality business and management education.
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- Festival of Ideas 2024: A decade of empowering social entrepreneurs in a bold new format27 Nov 15:48
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Gibs ranks #25 in the 2024 Corporate Knights Better World MBA ranking 8 Nov 2024 Gibs ranks among the world's top business schools for Executive Education – UK Financial Times 2024 21 May 2024 Gibs and CETA sign an MoU to boost skills in the construction and built-environment sector 18 Mar 2024 Gibs earns Level 4 Positive Impact Rating from UN PRME Global Forum 15 Jun 2023 DHL Express SSA and Gibs Centre for African Management and Markets sign an MOU 26 May 2023 Gibs tops African business schools for executive education in UK Financial Times rankings 23 May 2023
