Whether you agree with broad-based BEE or not, it’s here to stay. This is a political imperative for the ANC and I would argue that significant transformation has been achieved in the economy, though it becomes difficult to attribute that specifically to BBBEE vs other factors.
You won’t find many corporates that have done nothing from a black ownership perspective, though they do exist. These are usually companies that don’t rely on the public sector or other businesses for revenue. In other words, retailers...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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