Langa Attorneys has compiled a guide to broad based black economic empowerment (BEE) in South Africa with a view to highlighting some of the issues that business must face in meeting the challenge of empowerment. Our BEE services are designed as a resource for business to gain an understanding of the SA government strategy and policy on broad based BEE.
Government’s active role in driving the pace of BEE in South Africa in South Africa means that corporate SA must familiarise itself with the strategies needed to ensure that broad based BEE is achieved by 2014. This momentum has resulted in a spate of corporate transactions. But, there are various methods and many pitfalls which must be recognised when formulating BEE deals.
The Way to BEE covers pertinent issues around BEE implementation, such as qualification criteria, how government will apply BEE in regulating commerce and in the context of public procurement, and how self regulation will work. It explains the various enterprise definitions, providing simple empowerment measurements.
DISCLAIMER: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Persons accessing this site are encouraged to seek independent counsel for advice regarding their individual legal issues.
