The Ownership, measures effective ownership of entities by Black people. This element is a priority element. We offer end to end solutions that Promote economic transformation through the advancement of Black ownership
We advised companies on different types of Ownership structures that create sustainable impact:
ESD is a combination of three elements:
It is a key part of the Broad-Based Black Economic Empowerment policy to advance economic transformation in South Africa.
The Government acknowledge that there may be multinationals that have global practices which prevent them from complying with the requirements of ownership element as per the BBBEE Codes The Codes of Good practice have a provision for recognition of contribution in lieu of a direct sale of equity, Statement 103. Foreign Multinationals must be able to prove that they qualify to participate in EEIP have not.