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B-BBEE & Ownership – who has captured & corrupted it from...

At its origin, Broad Based Black Economic Empowerment (BBBEE) was intended to fulfil several critical objectives linked to transformation in the workplace, stemming from the immensely negative impact that Apartheid had wreaked on Black Civil Society in South Africa.

BusinessBrief June/July 2022 edition is now available!

Read our exclusive cover story titled BBBEE & OWNERSHIP - WHO HAS CAPTURED & CORRUPTED IT FROM ITS ORIGINAL INTENT? by Dr Ivor Blumenthal, CEO, ArkKonsult, as well a host of other topical management articles written by professionals, consultants and academics in the June/July 2022 edition of BusinessBrief.

Who is the UBO? – knowing is vital for any deal

Knowing who the ultimate beneficial owner (UBO) of an entity is before engaging in any type of business deal, is a critical task that is often overlooked. This is particularly true in today’s increasingly stringent regulatory environment, in which organisations are increasingly expected to understand who they are doing business with to help fight fraud.

BOOK REVIEW | The Rise Of The Sharing Economy

Is access the alternative to ownership? In 2011, the sharing economy was dubbed by Time magazine as one of the ‘Ten ideas that will change the world’ and it has been widely hailed as a major growth sector, by sources ranging from Fortune magazine, to the World Economic Forum, to former President Obama.

PODCAST | Is there a future without B-BBEE?

An interview with Monde Ndlovu, Head Advocacy and Thought Leadership, Black Management Forum (BMF), and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing how all stakeholders in society have a particular role to play in fusing the scientific, the craft and artistic perspectives of transformation in the South African economy.

Is there a future without B-BBEE?

South Africa is limp wristed from unclear definitions and objectives that are used at different moments to drive ambiguous agendas. South Africa lacks a clear definition for transformation, and thus every other organ of change abdicates their role in shaping the country in a progressive direction.

Why own when you can rent?

The creative destruction of the access economy is disrupting traditional industries and creating new opportunities. The rent or buy conundrum is one usually faced by prospective home-owners but it is increasingly applicable to entrepreneurs as well.

Implications of BBBEE Commission investigations of ownership trusts?

The BBBEE Commission announced that it has initiated 17 investigations for possible contraventions of the Broad-Based Black Economic Empowerment Act (BBBEE Act).  Six cases deal...

Amended BBBEE Property Sector Code

Entities of a certain size are considered to be exempted micro enterprises and thus deemed to be BBBEE compliant as a Level 4 contributor...

Fronting – beware the BBBEE Commission

In June 2017, a black woman-owned entity launched a complaint of BEE fronting against JSE listed Netcare Holdings. The complaint has been lodged with...


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