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Topic: Black Economic Empowerment

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	Black Economic Empowerment
		It locates BEE in the overall transformation programme, the RDP, and it argues that the broader and meaningful participation of fl people in economic activities is central to growth, poverty eradication and the building of a more egalitarian society.
		However, economic growth whilst being a necessary condition to raise the living standards of the people, is unlikely to reduce the racial and income inequalities of the society unless the growth process is accompanied by creative economic and social programmes that address these inequalities.
		BEE is therefore a necessary measure and the responsibility of all stakeholders to implement.
	www.anc.org.za /ancdocs/pubs/umrabulo/umrabulo13n.html (5868 words)

	Black Economic Empowerment (BEE) in South Africa (Site not responding. Last check: 2007-10-28)
		Any meaningful review of fl economic empowerment (BEE) in the first decade of democracy in South Africa needs to consider, first and foremost, how the country arrived, on 27th April 1994, at a point where it was able to confront its numerous social and economic challenges.
		Dispossessed of their land, fl South Africans were confined to a particular role in the economic development of the country - serving as a cheap and bountiful supply of labour.
		The logic of the apartheid policy was that fl people were destined only ever to provide cheap labour, a process which resulted in the deliberate denial of opportunities for decent education and skills' development.
	about-south-africa.com /html/bee.html (686 words)

	Black Economic Empowerment - Wikipedia, the free encyclopedia
		Black Economic Empowerment (BEE) is a program launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups (fl Africans, Coloureds and Indians) economic opportunuties previously not available to them.
		BEE is intended to transform the economy to be representative of the demographic make-up of the country.
		Critics also argue that BEE's aim was to attempt to create equality of the workforce of South Africa as a whole by enforcing the advantaging of the previously disadvantaged (Black, Coloured and Indian) and the disadvantaging the previously advantaged (White).
	en.wikipedia.org /wiki/Black_Economic_Empowerment (485 words)

	Special report on a decade of democracy - black economic empowerment (Site not responding. Last check: 2007-10-28)
		BEE was really "about the upliftment of the ordinary fl person into a decent job, and a job that satisfies him".
		As the tension between white-owned business and fl aspirations is gradually diffused by the transfer of ownership to fl consortia, Jammine warned that "the threat now is the potential tension between the fl elite who have benefited, and the grassroots fls who feel they have been left behind and had no benefit from that empowerment".
		In its final report the BEE Commission, established by President Mbeki to advise on a BEE strategy for the country, noted that "the country still has one of the most unequal distributions of income in the world", and a reflection of the extremely low levels of fl participation in the economy.
	www.irinnews.org /print.asp?ReportID=40489 (1982 words)

	Black economic empowerment - SouthAfrica.info
		Black economic empowerment is not affirmative action, although employment equity forms part of it.
		Black economic empowerment is driven by legislation and regulation.
		International investors are increasingly embracing fl economic empowerment - in sharp contrast to a few years ago, when the first round of empowerment deals in the country battled to find foreign support.
	www.southafrica.info /doing_business/trends/empowerment/bee.htm (967 words)

	HR Platform \| Black Economic Empowerment
		BEE enterprises are categories of enterprises with representative levels of participation, ownership, management or control by fl South Africans, described in the Act.
		A “fl empowered enterprise” is one that is at least 25,1% owned by fl persons and where there is substantial management control.
		The measure of the effectiveness of joint ventures is whether or not the fl enterprise is able to perform the core elements of the joint projects on a stand-alone basis without compromising the competitive advantage contributed by either enterprise.
	www.hrplatform.com /Free/FreePortal/FreeEE/BEE/BEE.htm (1576 words)

	Black economic empowerment - BLACK ECONOMIC EMPOWERMENT
		A summary of BP’s involvement in 2006 in a Black economic empowerment initiative in South Africa.
		The conference theme, therefore, focused on Black Economic Empowerment (BEE) with a purpose of developing a broad-based BEE strategy for the Metro.
		South Africa's policy of fl economic empowerment is not simply a moral initiative to redress the wrongs of the past.
	xn--vwsp9jorb.com /?q=black-economic-empowerment (426 words)

	Black Economic Empowerment In South Africa - BEE Articles - SA Business Hub
		BEE as a process towards the restitution of historical distortions in respect of the economic marginalisation of fl people should be embraced as an important step in favour of the transformation of our economy.
		A fl small medium enterprise (SME) in terms of the financial industry charter is an enterprise with a turnover from R500 000 per annum to R20 million per annum and which is a fl company or a fl empowered company.
		Black economic empowerment as a specific programme to reverse the systematic exclusion of fls from full participation in the economy in the past is a commendable effort.
	www.sabusinesshub.com /section/content.php?SectionId=23&SubsectionId=12&ContentId=1381 (4084 words)

	Black Economic Empowerment (BEE) - Yokogawa South Africa
		The prevailing view was that fl people should direct and take charge of a new vision for Black Economic Empowerment (BEE) a process that, until then, had been conceptualised, controlled and driven by the private sector.
		According to this definition, BEE should be viewed within the broad scope of empowerment processes including job creation, rural development, urban renewal, poverty alleviation, specific measures to empower fl women, skills and management development, education, meaningful ownership, and access to finance for households and for the purpose of conducting business.
		If a fundamental cause of the crisis was the marginalisation of the fl majority, it follows that insufficient measures were taken to significantly increase fl participation in the mainstream economy, hence the continued low economic growth rate.
	www.yokogawa.com /za/cp/overview/za-bee.htm (1421 words)

	Black Economic Empowerment (Site not responding. Last check: 2007-10-28)
		BEE initiatives should place greater emphasis on growing the cake by providing opportunities to those who have the potential to be entrepreneurs and who can create wealth for not only the company, but for the country.
		BEE initiatives should place greater emphasis on growing the cake by providing opportunities to those who have the potential to be entrepreneurs and who can create wealth for the company, and for the country broadly.
		BEE is not a social entitlement and should not be confused with social corporate responsibility or social investment programmes, which seem very popular among big corporates touting BEE deals.
	www.economist.com.na /21oct/21-10-17htm.htm (691 words)

	Cadiz FSG > Group Profile > Black Economic Empowerment (Site not responding. Last check: 2007-10-28)
		The group has an inclusive approach to fl economic empowerment (BEE) which is being addressed in terms of ownership and control, employment equity, skills development, preferential procurement and corporate social investment.
		Black shareholding in Cadiz – as determined by Empowerdex (October 2005) – is 28.2% for ‘voting rights’ and 26.5% for ‘economic interest’.
		The Cadiz BEE Trust was established to attract and retain fl employees, with 10% of the share capital being assigned to the Trust.
	www.cadiz.co.za /gp/bee.asp (321 words)

	storm. Our commitment. Black Economic Empowerment.
		BEE Online has contacted 80% of Storm's 250 suppliers, and is currently finalising the study.
		Storm embraces the government's stated policy that equity shareholding represents 15% of its scorecard and is wary of deals that are being concluded hurriedly for short-term gains.
		Storm aims to find fl partners that will both contribute to the long-term success of the business and the interests all of its shareholders; existing employees will form a part of any shareholding transaction.
	www.storm.co.za /bee.q (783 words)

	Black Economic Empowerment: Overview (Site not responding. Last check: 2007-10-28)
		BEE is the broad approach to de-racialise South Africa's economy and to fast track the entry of Historically Disadvantaged Individuals (HDIs) into the business arena.
		BEE is associated with good governance and forms part of an overall growth strategy for all these sectors as well as aiming to create equitable market activity.
		This sub-directorate is responsible for planning and implementing the principles of the Broad Based Black Economic Empowerment Act (passed on 9 January 2004) in the Western Cape.
	www.capegateway.gov.za /eng/your_gov/57650 (620 words)

	SAIRR - Fast Facts - May 2001 - Black economic empowerment - The state required to drive empowerment
		In his initial response to the report of the Black Economic Empowerment Commission, President Thabo Mbeki has tried to answer some of the criticisms levelled at empowerment.
		The report, he said, ‘gives the lie’ to ‘the prevalent view that fl economic empowerment is concerned only with the emergence of a few successful, and therefore rich, fl business people’.
		Criticisms from within government that fl business was itself not sufficiently committed to empowerment have also been addressed, by a series of proposals aimed at this sector.
	www.sairr.org.za /publications/pub/ff/200105/state.htm (714 words)

	Black Economic Empowerment (BEE) - SENWES BEE policy
		We believe that it is an economic and social imperative to address the inequalities of the past, in order to ensure business growth, the sustainability of performance of our business, and increased shareholder value.
		Senwes believes that fl economic empowerment is an essential ingredient in facilitating the meaningful participation of fls at all levels of the South African economy, in order to ensure sustainable socio-political and economic stability and the sustainability of the economic growth and development.
		The economic growth of South Africa and the commensurate redistribution of economic wealth will succeed if there is an increase in the development of new SMME’s and the growth of existing ones.
	www.senwes.co.za /eng/Corporate/BEE/bee_policy.asp (1558 words)

	Black Economic Empowerment (Site not responding. Last check: 2007-10-28)
		In terms of the agreement Lungisa Investment Holdings - an investment house headed by fl economic empowerment (BEE) icon, Don Ncube - has acquired a 49% shareholding in the XON group of companies, effective 1 July 2003.
		The deal builds on the BEE foundation already laid by XON - a foundation structured according to the four widely-recognised pillars of empowerment: ownership, employment equity, procurement and social responsibility.
		And it operates in line with the several BEE charters that have recently been ratified by government.
	www.xon.co.za /be.asp (450 words)

	CSC South Africa: Black Economic Empowerment
		We believe that a dynamic evolutionary process that invests in people to empower themselves through knowledge and experience is the best foundation for widespread and sustainable growth.
		CSC has made a business commitment to BEE in South Africa, and Preferential Procurement is a strategic initiative that enjoys the support and commitment of CSC’s executive management.
		Our vision is: To identify, develop and promote the sustainability of BEE businesses through procurement with the ultimate purpose of fostering entrepreneurship in fl communities and increasing the participation of BEE vendors in the mainstream of the ICT industry.
	za.country.csc.com /en/mcs/mcs10/178.shtml (308 words)

	Department of Agriculture (Site not responding. Last check: 2007-10-28)
		AgriBEE is a sectoral broad-based fl economic empowerment framework intended at a deliberate and systematic support of Black South Africans to actively participate fully in the agricultural sector as owners, managers, professionals, skilled employees and consumers.
		BEE enterprises are categories of enterprises with representative levels of participation at, ownership, management or control by Black South Africans, described in the Act.
		Key to broad based fl economic empowerment in agriculture is the ownership of assets and enterprises within the sector.
	www.nda.agric.za /docs/agribee/agriBEE.htm (3510 words)

	BBC NEWS \| Business \| Is black economic empowerment working?
		That question is at the heart of the movement known as Black Economic Empowerment, or BEE, which has been a key but controversial policy of the ANC government.
		Jabulani Ntshangase is one of South Africa's few fl wine producers but he says he is not a supporter of fl empowerment per se.
		Even the president's brother, the businessman Moeletsi Mbeki, says the current brand of BEE is really a political rather than an economic strategy that is enriching an elite of fl businessmen close to the government.
	news.bbc.co.uk /2/hi/business/3262123.stm (992 words)

	NETMARK - Black Economic Empowerment
		Netmark defines fl empowerment as the development of the communities in which we operate and not so much in the development or enriching of the few.
		Netmark not only embraces fl participation, but also develops broad based empowerment in other sectors of the economy.
		Black empowerment is reflected in the Netmark structure with a 25,1 % shareholding, which is governed through our Sisonke Empowerment Trust.
	www.netmark.co.za /bee.html (135 words)

	Black Economic Empowerment (Site not responding. Last check: 2007-10-28)
		A graduate of Wits University, he was the first fl person to graduate with an MA in industrial psychology from that institution in 1995.
		A doyen of empowerment and transformation; Mbabane served under Tito Mboweni as national director of Equal Opportunities/Employment Equity at the Department of Labour in Pretoria in 1997 and 1998 where he was responsible for the development of the Employment Equity Act.
		From there, he moved on to the Black Business Council (BBC), and became a founder-member and executive director of the Black Economic Empowerment Commission (BEE COM), an offshoot of the BBC that was chaired by Cyril Ramaphosa.
	www.gsb.uct.ac.za /bee/Lecturer.asp (373 words)

	Economic trends and growth in South Africa - SouthAfrica.info
		South Africa's finalised codes of good practice on fl economic empowerment give exemption to smaller companies and start-ups in their first year of operation, while allowing multi-nationals flexibility in how they structure their BEE deals.
		From laws to charters, mergers and acquisitions to forging new partnerships, projects to profiles, keep up with the latest BEE trends in SA.
		Accelerated and Shared Growth Initiative for SA Overview, news and features on SA's strategy to raise economic growth to 6% by 2010 and halve poverty and unemployment by 2014.
	www.southafrica.info /doing_business/trends (352 words)

	An MBendi Profile: South Africa - Miscellaneous: Black Economic Empowerment - Black Economic Empowerment
		Empowerment forms a key part of the South African government’s privatisation programme and an empowerment partner can expect to be a pre-requisite for new shareholders in state forestry assets, Telkom, Eskom, Transnet, CEF and others.
		Empowerment partners will also be essential to companies granted telecommunications and broadcasting licences.
		The Black Economic Commission was formed in 1998 with the mandate to evaluate the direction and pace of the process.
	www.mbendi.co.za /indy/misc/blck/af/sa/p0005.htm (1151 words)

	Sturrock
		The Black Economic Empowerment policy of the Group forms part of a broader plan that proactively contributes to the social and economic development of the individuals and the economies of the regions in which we operate.
		In particular Sturrock and Robson is committed to the economic and social development of South Africa and all its people.
		The commitment to Black Economic Empowerment by the Group also extends to ensuring socio-economic advancement through investment in training programmes, preferential procurement initiatives and affirmative employment policies.
	www.sturrocksa.co.za /main_page.php?id=1&idbsub=15§ion=/Black_Economic_Empowerment (163 words)

	BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT 53 OF 2003
		To establish a legislative framework for the promotion of fl economic empowerment; to empower the Minister to issue codes of good practice and to publish transformation charters; to establish the Black Economic Empowerment Advisory Council; and to provide for matters connected therewith.
		The Black Economic Empowerment Advisory Council is hereby established.
		This Act is called the Broad-Based Black Economic Empowerment Act, 2003, and comes into operation on a date to be determined by the President by proclamation in the Gazette.
	www.sabinet.co.za /sabinetlaw/BEEact.htm (1704 words)

	Labour comments on the Broad-Based Black Empowerment Bill, 2003
		BEE creates a conflict of interest between those who want to use the state to profit themselves and their allies, and the majority of poor communities who are d
		COSATU also has concerns regarding fl economic empowerment initiatives that appear to be inextricably linked to the restructuring of state assets.
		At present, as outlined in the strategy document, the core elements of the scorecard are fl ownership and control plus support of fl enterprise (a total of 60%) plus human resources development (HRD) and employment equity for another 30%, and 10% for other initiatives.
	www.cosatu.org.za /docs/2003/Bee.htm (2723 words)

	BLACK ECONOMIC EMPOWERMENT
		Draft fl economic empowerment charter for the ICT sector
		BEE strategy : as presented by the Maritime Transport Industry Black Economic Empowerment (BEE) Steering Committee on this day the 10th December 2003 at Royal Hotel, Durban
		Black empowerment and present limits to a more democratic capitalism in South Africa IN: State of the nation : South Africa, 2005-2006, p.
	www.lib.uct.ac.za /govpubs/GuideBEE.htm (467 words)

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