BOWMAN GILFILLAN’S BLACK ECONOMIC EMPOWERMENT GUIDE

While the transfer of ownership and control of the economy to black persons is a critical part of the government’s BEE policy, it is only one aspect of the policy. BEE is also about ensuring that the people who work in, manage and lead South African businesses broadly reflect the diverse profile of the South African population, ensuring that skills are transferred to persons previously disadvantaged by the system of apartheid and that black business is developed through enterprise development strategies and affirmative procurement.