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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.
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.
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.
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.
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.
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.
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...
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