Black Economic Empowerment in South Africa

URI: https://gptkb.org/entity/Black_Economic_Empowerment_in_South_Africa
GPTKB entity
Statements (48)
Predicate Object
gptkbp:instanceOf affirmative action policy
gptkbp:abbreviation gptkb:BEE
gptkbp:controversy creation of black business elite
effect on economic growth
effect on employment
effect on skills development
effect on small businesses
effect on state-owned enterprises
fronting (misrepresentation of BEE status)
impact on foreign investment
gptkbp:country gptkb:South_Africa
gptkbp:criticizedFor limited impact on poverty reduction
benefiting political elites
fronting
gptkbp:dateEnacted 2003
gptkbp:enforcedBy gptkb:Department_of_Trade,_Industry_and_Competition
https://www.w3.org/2000/01/rdf-schema#label Black Economic Empowerment in South Africa
gptkbp:impact controversy over effectiveness
increased black ownership in some sectors
gptkbp:includes skills development
management control
socio-economic development
enterprise and supplier development
ownership requirements
gptkbp:introduced gptkb:South_African_government
gptkbp:legalBasis gptkb:Broad-Based_Black_Economic_Empowerment_Act
gptkbp:measures gptkb:BEE_scorecard
gptkbp:policy gptkb:National_Empowerment_Fund
gptkb:Preferential_Procurement_Policy_Framework_Act
gptkb:Skills_Development_Act
gptkbp:purpose promote participation of black people in the economy
address economic inequalities
gptkbp:relatedConcept gptkb:Employment_Equity_Act
gptkb:Apartheid
gptkb:Broad-Based_Black_Economic_Empowerment_(BBBEE)
gptkbp:relatedEvent gptkb:1994_democratic_elections
end of apartheid
gptkbp:relatedGroup gptkb:Indian_South_Africans
gptkb:Black_South_Africans
gptkb:Coloured_South_Africans
gptkb:Chinese_South_Africans_(as_per_2008_court_ruling)
gptkbp:sector gptkb:government
gptkbp:subjectOf gptkb:media
gptkb:military
academic research
gptkbp:updated Codes of Good Practice
gptkbp:bfsParent gptkb:Affirmative_Discrimination
gptkbp:bfsLayer 7