Author: Gill Marcus Publisher: ISBN: Category : Business & Economics Languages : en Pages : 246
Book Description
From high profile figures such as Cyril Ramaphosa, Albie Sachs and Wendy Luhabe to analysts such as Wendy Lucas Bull, Vuyo Jack and Itumeleng Mahabane; to practitioners such as Lot Ndlovu, Eric Mafuna, Nolitha Fakude, this book brings together leading South African analysts and practitioners in the most comprehensive analysis of Black Economic Empowerment (BEE) to date. The volume situates Black Economic Empowerment within the larger trajectory of black business imperatives for empowerment; and provides policy recommendations for legislative and regulatory clarity.
Author: Phinda Mzwakhe Madi Publisher: eBook Partnership ISBN: 1869226038 Category : Business & Economics Languages : en Pages : 251
Book Description
Twenty years after the introduction of BEE, Phinda Madi believes it's time to reflect on its success. Clear trends can now be discerned and there are numerous lessons to be learned. He contends there is an unfortunate narrative that is gaining traction in South Africa generally and in the corporate world in particular, that BEE has been nothing but a "e;smoke-and-mirrors"e; initiative towards oligarchy, hence the chosen title: BEE 20 years later - The Baby and The Bathwater. As the title suggests, there is a tendency to want to 'throw the baby out with the bathwater'. His book argues that we need to make a clear distinction between the bouncing baby and the (at times) dirty bathwater. This book puts forward a very frank, clinical and balanced argument on how this distinction needs to be made, as well as why and how we should ensure the baby both survives and thrives going forward, whilst getting rid of the ugly side of BEE (the dirty bathwater). But more importantly, he examines how to restore the credibility of this process, so it truly and genuinely moves away from just being seen as the enrichment of the few and lives up to its true promise: The economic empowerment of the many. This is the book that will ignite the change in BEE in South Africa!
Author: Jenny Cargill Publisher: Jacana Media ISBN: 1770098305 Category : Business & Economics Languages : en Pages : 278
Book Description
This groundbreaking book is a frank and critical observation of a hugely politically sensitive topic. Jenny Cargill, drawing on her experience of BEE over its 15-year history, presents an uncompromising and essential review of the policy, its results and the lessons that can be learnt. By drawing on case studies, Cargill challenges common perceptions of BEE and provides disquieting new evidence of policy doing the opposite of what it was designed to achieve. Trick or Treat is the first book to provide such a comprehensive, yet accessible, analysis of BEE ownership.
Author: Maggie Anderson Publisher: ISBN: 1610390245 Category : Business & Economics Languages : en Pages : 322
Book Description
On January 1, 2009, Maggie and John Anderson, a successful African American couple raising two daughters in a Chicago suburb, engaged in a social experiment to reinvest in the black community and buy from only black-owned businesses for a year. Throughout that time the Andersons combed Chicago in search of a black-owned supermarket, dry cleaner, gas station, pharmacy, and clothing store. Our black year is the story of what they learned. Maggie examines the commercial exploitation of black neighborhoods through the lens of her year supporting black-owned businesses. She discovers that black businesses lag behind businesses of all other racial and ethnic groups in every measure of success, and argues that the social crises that disproportionately impact black people and underserved black neighborhoods could be countered through "conscious consumerism"--supporting businesses that empower struggling communities. At once a personal journey and an investigation into the causes of a persistent economic suffering, this is a hard-hitting call to action to close a gaping hole in the American economy--one purchase at a time--From publisher description.
Author: Anthony Rice Publisher: ISBN: 9780692906941 Category : Languages : en Pages : 102
Book Description
The Black Economic Empowerment System (BEES) is this generation's proven system on how to create and implement community-based, sustainable economic empowerment projects. This blueprint to implementing successful and prosperous business systems could be the very system that puts the economic failures of the African-American community in the past--forever! With over 20 years of research and training, author and business leader, Anthony Rice, Jr., has revealed this step-by-step approach.
Author: Kristina Wagner Publisher: GRIN Verlag ISBN: 3346048209 Category : Business & Economics Languages : en Pages : 34
Book Description
Seminar paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Ludwigshafen, language: English, abstract: In this paper, the Broad-Based Black Economic Empowerment (BBBEE) will be discussed in order to make a recommendation for an investor whether to invest or not. First, the history including definitions, strategy and objectives will be described. Then, the meaning and importance of BBBEE Codes of Good Practise will be explained. The main part of this paper will focus on the theoretical explanation of the programme and how the main criteria should be implemented in case of investment. In the end, there will be a short recommendation and a trend for the future. South Africa is a country with potential and future. Indicating facts and reasons therefore are major sales market, the well-developed financial sector and infrastructure as well as the highest development level on the African continent. However, dealing with the South African economy more closely, you will identify several obstacles. The latest issue increasing in importance more and more investors faces with is the so-called BBBEE. It is a programme of the South African government to support and accelerate the participation of black people in the economy. The Broad Based Black Economic Empowerment concept was created by the government based on South Africans history . In the past, the country has suffered many years from the apartheid where the black society were without rights and complete neglected from the economy. When in 1994 South Africa selected their first democracy’s and political systems were about to change, the new government came up with the program Broad Based Black Economic Empowerment to eliminate past irregularities between the black racial group and the with racial group and to accelerate the access to the economy for black people by putting rules and laws for every company in south Africa.
Author: Korbinian Stinglhamer Publisher: ISBN: 9783668546912 Category : Languages : en Pages : 34
Book Description
Seminar paper from the year 2016 in the subject Economics - Case Scenarios, grade: 1,0, University of Wisconsin-Madison (Economics), course: Economics 477: Economic Development of Africa, language: English, abstract: This paper investigates the Black Economic Empowerment (BEE) program in South Africa and its economic justification by analyzing the trends in both, intra- and interracial inequality, since the implementation of BEE. Even though inequality is driven by many different factors, this paper attempts to analyze whether BEE was able to effectively reduce inequality in the way that it was intended. My findings suggest that BEE might have helped to reduce inequality between different races, but that it increased inequality among black people. During Apartheid, black people were excluded from major parts of South Africa's economy. This resulted in an unequal income distribution in South Africa. Even after Apartheid ended in 1994 income was distributed unequally between races. In order to reduce this inequality and equalize opportunities between the different races in South Africa, the government implemented an affirmative action program called Black Economic Empowerment (BEE) in 2003. In this case and in the following sections, the word "black" defines a racial group, including Africans, coloreds and Indians and can thus be used as synonym for "non-whites." BEE introduced a scorecard which rates companies based on their economic inclusion of black people. If the respective company receives a low rating on the scorecard, there will likely be a negative effect on their profit compared to a company with a high rating. The basic critique of BEE is that its main beneficiary is a small elite. Studies about the actual effects of BEE are rare, as data on this topic is limited.
Author: Gill Marcus
Author: Phinda Mzwakhe Madi
Author: Jawanza Kunjufu
Author: Jenny Cargill
Author: Maggie Anderson
Author: Anthony Rice
Author: Black Economic Empowerment Commission (South Africa)
Author: Kristina Wagner
Author: Korbinian Stinglhamer
Author: