Using ESOPs for economic growth and Black empowerment in South Africa

How can Employee Share Ownership Plans (ESOPs) in South Africa go beyond ticking the compliance box and become a true driver of economic growth?

Moneyweb interview: How can Employee Share Ownership Plans (ESOPs) go beyond ticking the compliance box and become a true driver of economic growth? The key lies in aligning employees, managers, and shareholders to create meaningful, long-term value across industries. Bruce Hunt explores this topic with Jeremy Maggs on Moneyweb.

GNU ESOPs supporting B-BBEE ownership and employee engagement in South Africa

The GNU can drive new growth and value through transformative employee ownership

Published in the Daily Maverick: South Africa’s new Government of National Unity presents a significant opportunity to drive policy that encourages more employee share ownership. Employee share ownership has been a successful element of black economic empowerment (BEE) and almost universally accepted by all political parties and stakeholders, including the ANC, organised labour, large business and the DA, as set out in its 2019 election manifesto.

Investing in South Africa - BEE compliance and multinational growth strategies

ESOPs and the Competition Commission’s Public Interest Considerations

Large multinational transactions that require Competition Commission approval can benefit greatly from the inclusion of Employee Share Ownership Plans (“ESOPs”), which can serve to address the public interest considerations of the Competition Commission and to provide other benefits to the parties to the transaction. Multinationals considering implementing ESOPs in this context need to clearly understand the commercial and economic impact on the transaction and structure the ESOP carefully.

Using ESOPs for economic growth and Black empowerment in South Africa

Why are ESOPs in South Africa relatively uncommon?

Employee Share Ownership Plans (ESOPs) in South Africa remain underutilised, despite their potential to enhance employee engagement, align business interests, and achieve BEE ownership goals. Shaun Smit of Transcend Capital delves into the complexities, challenges, and benefits of ESOP implementation and offers insights into creating sustainable employee ownership models.