Without education, you’re not going anywhere in this world. - Malcom X

CEFI in the News

A Corporate Social Investment Initiative with BEE Scorecard Benefits

Mercury ArticleMercury Newspaper
Wednesday, January 24 2007
Written by Colleen Dardagan

Bite Magazine Article

 

 


Bite Magazine
Issue #59, September 2007
Written by Teri K.

 

Bee Scorecard

  • For the purposes of BEE Compliance, companies are put into 3 categories.
  • Companies required to have a BBBEE Scorecard.
  • The BEE Scorecard is simply a license to trade, and is made up of seven elements.
  • CEFI will assist companies to administer this element and secure points for the scorecard.
  • CEFI sets up a trust fund for individual children, the aim is to generate capital to provide for tertiary education/training, thus
    assisting the child to become a
    responsible member of society.