Are you accessing CSI funding for all the great work you do? Don't miss this practical workshop with CA and specialist in BBEEE Peter Ross, at the #Mensch #relaunch
There has been significant growth in corporate social investment (CSI) in the last decade, with research indicating three main reasons: moral imperative, reputation and the Department of Trade and Industry’s (DTI’s) Broad-based Black Economic Empowerment (BBBEE) codes. CSI is entrenched in the codes as they compel companies to invest 1% of Net Profit After Tax (NPAT) in socio-economic development (SED) initiatives. The recent revision to the BBBEE codes create new opportunities for NGOs to seek support, especially in the skills development space.