The changing face of BEE
Transactions now include several empowerment structures, such as assets sales and equity equivalent investment programmes
Certain trends are becoming apparent in relation to broad-based black economic empowerment (B-BBEE) transactions in SA, driven in part by market conditions and the increasing role of the B-BBEE Commission in assessing BEE transactions.
For the past five years or so BEE ownership transactions have been predominantly implemented through trusts, including employee and broad-based ownership schemes. This limited range of options is expanding to include several more empowerment structures, such as the sale of assets to black-owned companies and equity equivalent investment programmes (EEIPs)...
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