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Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action , it is intended especially to redress the inequalities created by apartheid .
The initial, draft proposal release in August 2003 had the stated objectives of boosting South Africa's economic growth rate from 2.7 percent to 5 percent annually, developing a system of tax incentives and penalties to encourage black ownership of companies and businesses and to raise R224-billion to ensure 26 percent black ownership of all equity on the JSE Securities Exchange by 2014.
Download as PDF; Printable version ... Pages in category "Black economic empowerment" The following 6 pages are in this category, out of 6 total. ... you agree to the ...
White monopoly capital is a term that originated in South Africa and is often used to describe a perceived concentration of economic power and wealth among White South Africans. It suggests that a small number of white-owned businesses (in an oligopoly ) dominate various sectors of the South African economy , thereby controlling significant ...
South African Human Rights Commission Act, 2013: 42: Judicial Matters Amendment Act, 2013: 43: Judicial Matters Second Amendment Act, 2013: 44: South African Postbank Limited Amendment Act, 2013: 45: Financial Services Laws General Amendment Act, 2013: 46: Broad-Based Black Economic Empowerment Amendment Act, 2013: 47: Employment Equity ...
The end of apartheid in 1994 left behind a skewed racial economic hierarchy that placed minority whites at the top. Since then, the African National Congress government created the Black Economic Empowerment (BEE) policy, designed to increase the participation of blacks, Coloreds, and Indians in the economy. However, BEE has faced criticism for ...
Download as PDF; Printable version; In other projects ... Black economic empowerment (6 P) Business in South Africa (7 C, 2 P) ... Department of Economic Development ...
The Black Economic Empowerment programme was implemented from 2003 to redress the inequalities of the apartheid era. It was criticised as benefiting mostly a narrow stratum of previously disadvantaged groups, and the programme was re-launched in 2007 as Broad-Based Black Economic Empowerment. Crime in South Africa remained a massive problem.