Tag: Employee Ownership

South African manufacturers face serious challenges. Among them are a flood of cheap imports, a shrinking domestic market, often fractious labour relations and low productivity levels. We do have a weak currency and good technical expertise, but it remains a tough climate for manufacturing.

BBBEE Employees are not entitled. Often, they are just COMPROMISED. A major problem is developing in companies which have embraced BBBEE, where Employee Ownership or Beneficiary Trusts have been created. Employees who happen to also be BBBEE Beneficiaries, sometimes misunderstand that they are ordinary employee’s and do not have a favoured, preferred or somehow entitled status, in-comparison with other employee’s in the company.