Broad-Based Black Economic Empowerment (B-BBEE) has become a cornerstone in South Africa’s evolving business landscape. With the current shifts in economic paradigms and societal perspectives, there’s no better moment than the present to engage in a BEE deal. But what makes this timing so impeccable for such transactions? B-BBEE’s Growing Importance: Today, more than ever, […]
BEE Deal: Why Now is the Best Time for Your Business Read More »
Broad-Based Black Economic Empowerment (B-BBEE or BEE) isn’t just about compliance; it’s a significant BEE Strategic Advantage. This guide will help you unlock its potential for your business. What is BEE? And how can it be used as a BEE Strategic Advantage? BEE stands for Black Economic Empowerment. It’s a program launched by the South
Learn how to use BEE as a strategic advantage: Read More »
This may be one of the more NB articles we’ve written. No kidding. The most common method used to finance BEE might just become spectacularly unstuck thanks to the NCA (National Credit Act) and a whole bunch of money owed to ‘white’ sellers of shares may be unenforceable. Read on, and expect a flurry of
How the NCA sinks vendor-financed deals Read More »
BEE South Africa: Government’s Role and Challenges Tusker, a BEE South Africa private-equity fund, often ignites reactions – many against BEE. This sentiment, especially the perceived connection between BEE South Africa and corruption, understandably upsets many South Africans, particularly the business community. Tusker champions transformation and has sculpted its business model around making BEE ownership
How the Government shoots BEE in the foot Read More »
Many ask, ‘Is BEE a farce?’, but is that sentiment grounded or just ego speaking? Dr. Iqbal Surve (chairman and shareholder of Sekunjalo which in turn owns Independent Media) has been appearing before the Mpati Commission of Inquiry which is looking to the affairs of the Public Investment Corporation or PIC. In his testimony before
We’re frequently asked about the future of B-BBEE in South Africa. The prevailing sentiment? It’s here to stay. But like all policies, modifications are expected. Dive into this comprehensive analysis to understand why. The foreign investment imperative: Zimbabwe recently abolished indigenisation ownership requirements in its mining sector, allowing for 100% foreign ownership. This follows a
Is B-BBEE going away? Read More »
