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BEE has been described as the greatest strategic issue, challenge, threat and potential opportunity facing businesses of all sizes, structures and shapes in South Africa. Aimed at effecting a more equitable distribution of economic wealth, it is branded as the essential second wave of transformation after democratisation and the political miracle. It is an investment that is a matter of survival for South Africa and the economy. While BEE initiatives have been embarked upon since the early 1990s, the codes of good practice on broad-based BEE are only now being finalised, and a strategy for BEE was released only in 2003, with the result that, up to now, its implementation has largely been an experimental process. Cracking broad-based black economic empowerment, will help business and other role players to understand and implement meaningful broad-based BEE. Cracking broad-based BEE addresses real BEE implementation issues, explains the relevant legislation and the application of the codes of good practice, and includes tools for the calculation of BEE points using the scorecard. This title provides practical guidance and strategies to turn change into value and arrive at solutions that work.
