Business enabling environment

The Donor Committee for Enterprise Development (DCED, 2008) noted that BEE was an interplay of policy, legal, institutional, regulatory and physical conditions that facilitated business activities. It is critical to the economic development of a country as it provides the fundamentals of steady private sector development. It is an indispensable condition for competitiveness, the growth of individual enterprises and the development of the SME sector which is a particularly vulnerable and disadvantaged segment of the private sector. The aim of all BEE programmes is to help create a more effective environment for investment and business development.

Related Subject(s): Economic and Social Development