Beyond Compliance: How CFOs can make BEE credible again
BEE has lost credibility because too many deals are tick-box, value-light, or captured by a few. CFOs should shift from compliance thinking to credible, defensible empowerment. Credible BEE ownership = real economic participation, decision rights, capital at risk, and...
Three percent of revenue for Level 3 BEE: a good idea, but first clean up the fronting industry
A new private-sector proposal has reignited debate about how South Africa might simplify transformation. The concept is simple: companies pay 3% of gross revenue in exchange for automatic Level 3 B-BBEE status — a neat alternative to the complex scorecard system. On...
Black private equity funds – Assessing substance over form
Published in Accountancy South Africa - read here. The Role of Private Equity in B-BBEE Transformation Private equity (PE) funds have long played a pivotal role in driving transformation, particularly through their structured investment approaches. In contrast,...
Understanding BEE Ownership: Your Top Questions Answered
Transcend Capital’s client base mostly consists of multinationals that are or wish to operate in South Africa. Many are familiar with Broad-based Black Economic Empowerment (B-BBEE) however questions are frequently asked about B-BBEE. Read the FAQ’s for clarity.
How Broad-based Ownership Schemes could mitigate the crippling impact of US aid cuts
When President Trump unexpectedly slashed US foreign aid, few anticipated the far-reaching consequences for South Africa—particularly in the fight against HIV/AIDS. With more than half of HIV programme funding sourced from US aid, the country faces a healthcare crisis that could…
Government’s proposed Transformation Fund
Published in IOL: South Africa’s Department of Trade, Industry, and Competition (DTIC) has unveiled plans to establish a R100 billion Transformation Fund aimed at fostering inclusive economic growth, which the country so desperately needs.
5 BEE trends transforming South Africa
There is no question that the ways in which we address transformation now will shape Published in Bizcommunity: South Africa’s future. As the transformation landscape evolves, these five Black Economic Empowerment (BEE) trends will be key in ensuring that this future is sustainable….
Transformation fund | R100bn set aside for black-owned businesses
eNCA interview – The Department of Trade, Industry, and Competition has unveiled plans to establish a R100-billion Transformation Fund which aims to advance South Africa’s constitutional commitment to economic redress and inclusive growth for black businesses.
How an Equity Equivalent Program could pave the way for Starlink’s entry into South Africa?
The Morning Show – eTV Interview with Bruce Hunt Host: Welcome back to The Morning Show right here on ETV. It is Think Tank Tuesday, and today we’re bringing you another inspiring story from our Real People in Technology series. Joining us live via Zoom is Bruce Hunt,...
Starlink in South Africa: why equity equivalent programmes makes sense
Instead of focusing solely on direct ownership, Starlink could invest in initiatives that directly benefit black-owned businesses and communities - read the TechCentral article here. South Africa’s pursuit of digital inclusion faces a significant hurdle: the high cost...
Competition Commission: Public Interest Considerations
Plan for both: In South African M&A, multinationals must address Competition Commission public-interest factors and BEE ownership from the outset to secure a sustainable, approval-ready deal. Merger control basics: The Competition Act (1998) applies to mergers...
BEE Ownership for Multinationals – An Introduction
Quick Summary: B-BBEE Ownership for Multinationals in South Africa Why it matters: Winning work in SA requires credible B-BBEE; Ownership is heavily weighted. How to comply: Black investors, ESOPs/broad-based schemes, Statement 102 sale-of-assets, or Equity...
Sale of Assets (SOA) to Black Investors an Effective BEE Ownership Technique
What it is: Under Statement 102 of the B-BBEE Codes, companies can earn Ownership points without selling equity in the parent company by selling a business, division, property, subsidiary, or shares to Black investors. How points are calculated: Ownership credit =...
What public interest had to do with the Burger King acquisition controversy
The South African Competition Authorities initially blocked the Burger King SA sale to US PE firm ECP on public interest grounds—specifically, due to a drop in HDP (historically disadvantaged persons) ownership from >68% under GPI to 0% post-merger, even though no...
DTIC’s Certainty On Broad Based Ownership Schemes And Employee Share Ownership Plans
Minister confirms BBOSs and ESOPs count for ownership under B-BBEE. Evergreen ESOPs explicitly recognised as valid. Structure schemes around a class of persons (“all black employees”) rather than named individuals. Defined class or preset formula required for...
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