BEE ownership Tag

13 Jul Can Broad-Based Trust Ownership structures become compliant and remain investment vehicles of choice?

Posted at 06:16h in B-BBEE Compliance, Broad-based ownership by Lisa 0 Comments

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Recently there has been a concern companies who have concluded B-BBEE transactions in the form of an acquisition by a Broad-Based Trust (“BBOS”). This stems from the B-BBEE Commissioner announcing in various ways that most of these transactions are non-compliant - due either to the...

31 Jul GUIDE TO BROAD-BASED BLACK ECONOMIC EMPOWERMENT IN SOUTH AFRICA

Posted at 02:55h in B-BBEE Compliance, Uncategorized by Lisa 0 Comments

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OVERVIEW OF BEE FOR MULTINATIONAL ENTITIES March 2018 extract: "Black Economic Empowerment (“BEE”) was introduced as a mechanism to redistribute wealth in South Africa. This is critical due to imbalances in society owing to South Africa’s political history. It is important to remember that BEE is the South...