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SA- Black Economic Empowerment

Black economic empowerment, South Africa

All businesses operating in South Africa should be aware of Black Economic Empowerment (B-BBEE). B-BBEE is a constitutionally mandated objective aimed at economic transformation by increasing the number of black people who participate in the South African economy.

Our lawyers have experience in advising a large number of South African and international businesses seeking to implement Black Economic Empowerment (B-BBEE) compliance within the legislative framework in order to achieve maximum B-BBEE benefit.

With respect to BEE regulatory compliance, we advise on:

  • Advising on the Broad-Based BEE Act;
  • Advising on the Codes of Good Practice
  • Advising on the various Transformation Charters such as the Mining Charter, Financial Services Charter, ICT Charter, and others
  • BEE ownership
  • BEE management and control structures
  • BEE due diligence
  • Broad-based schemes and trusts
  • Charter and Sector Code development
  • Preferential procurement policies
If you would like any further information or need advice on black economic empowerment, please contact our legal team.