B-BBEE BENEFITS OF PARTNERING WITH ZOBUNTU FOUNDATION

Zobuntu Foundation supports more than 75% black beneficiaries, ensuring the full value of SED contributions is counted for B-BBEE purposes.

As a registered NPO dedicated to bringing hope, skills, and opportunities to marginalized communities, Zobuntu Foundation is ideally positioned to assist partners in meeting BBBEE compliance requirements in Skills Development and Socio-Economic Development.

BBBEE presents companies with an opportunity to align skills spending with initiatives and values that are meaningful to your organization.

We offer our partners the advantage of fulfilling multiple elements on the scorecard, allowing organizations to better structure their contributions to achieve maximum points.

Zobuntu Foundation is an established and trusted partner with robust governance and strong fiscal management. We have received clean professional audits year after year since inception and have maintained a Level 1 BBBEE status.

SKILLS DEVELOPMENT

Depending on the size of the organization, enterprises are required to spend 3-6% of payroll costs on skills development. Of this, Category F and G contributions may account for 15%. The amended code states that beneficiaries do not have to be the entity’s employees but can also include qualifying black people in general.

Zobuntu Foundation is here to help companies maximize their points in this priority element. We collaborate closely with our partners to ensure efficient and recognizable skills development spending, targeted at deserving candidates within the correct demographics.

Our various initiatives equip beneficiaries with the hard and soft skills needed to thrive at all stages of life: from early childhood, through school, and into adulthood, as they prepare to enter the job market.

This intervention qualifies for Category F and G of the Skills Development code: informal, work-based training that enhances understanding of work or improves performance in skills.

Socio-Economic Development

An entity can earn up to 5 BBBEE points by spending 1% of net profit (after tax) on SED contributions, with 75% of the value directly benefiting black people. Education has been specifically identified as a key socio-economic development initiative.

Zobuntu Foundation is a verified SED partner, with over 75% of the value of our benefits accruing to black people, making any SED donations fully recognizable for this element.

Our training and development programs comply with legal requirements and place a strong emphasis on educational activities.

As a registered NPO, we can also issue S18A tax certificates for any individual, CSI, or SED donations received. We invite you to make a difference and enjoy the benefits of your contribution.