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name="__RequestVerificationToken" type="hidden" value="CfDJ8NQ1bOlKhylHrkjY1LUhZka-z0NQMeS8o48N4OnZbHA41nYdZbd9m3CbNI-2nFGAwtdQZbha_4CLP9Xc0ucEQOw68oNRWS019cgWKvam4l8uCQiu2GjVgJWK3BoCA4Sukd1CyB-D-vg4xH-Sg3N3kbY" /></form> </div> </div> </div> </div> </div>  </nav> </div> <div class="page_header text-center" style="background: #000000 url('../../../DBFile/Image/c8d31064-e5aa-49c2-916e-090968719d00/BBBEE.jpg') no-repeat top center;background-size:cover"> <div class="container"> <h3> B-BBEE </h3> </div> </div> <div class="main-content padding-top-30 padding-bottom-50 wow fadeInUp" data-wow-delay=".1s"> <div class="container"> <div class="row"> <div class="col-md-10"> <div class="row"> <div class="col-md-12 margin-bottom-30 content"> <h5>Broad-Based Black Economic Empowerment (BBBEE) forms a significant part of the South African government’s economic transformation strategy. BBBEE policy and legislation is driven by the Presidency and the Department of Trade and Industry, who have adopted a multi-faceted approach with a number of different components aimed at increasing black management, ownership and corporate control in order to decrease racially based inequalities.</h5> <p>The BBBEE legal framework has become increasingly sectorised. There are now many industries with sector-specific codes of good practice or charters issued in terms of the Act. The purpose of the Codes of Good Practice is to assist and advise both the public and private sectors in their implementation of BBBEE in terms of the Broad-Based Black Economic Empowerment Act (the Act). The Codes of Good Practice provide principles and guidelines in order to facilitate the implementation of BBBEE in a sustainable manner.</p> <p>At Shepstone & Wylie Attorneys, BBBEE is dealt with by a team of specialist attorneys within the Corporate & Commercial department while drawing on expertise from other related departments and teams such as Competition, Employment, Local Government & Administration, Mining and Tax.</p> <div class="greyBlock"> <div class="row"> <div class="col-md-12"> <h4>Our expertise across sectors includes inter alia:</h4> </div> <div class="col-md-6"> <ul> <li>Direct empowerment through ownership and control of enterprises and assets</li> <li> <p>Management at senior level</p> </li> <li> <p>Human resource development and employment equity</p> </li> <li> <p>Indirect empowerment through:</p> <ul> <li> <p>preferential procurement;</p> </li> <li> <p>enterprise development; and</p> </li> <li> <p>corporate social investment.</p> </li> </ul> </li> <li>Public private partnerships</li> </ul> </div> <div class="col-md-6"> <ul> <li> <p>Empowerment mergers and acquisitions</p> </li> <li> <p>Local government and administration</p> </li> <li> <p>Government procurement</p> </li> <li> <p>Employment equity</p> </li> <li> <p>Skills development</p> </li> <li> <p>Employee share ownership schemes and broad-based (community) ownership schemes</p> </li> <li> <p>Tax advice</p> </li> </ul> </div> </div> </div> </div> </div> <div class="row"> <div class="col-md-2 attorney-item wow fadeInUp" data-wow-delay=".1s"> <div class="attorney-thumb"> <img src="/DBFile/Image/3ea1804e-6a32-4d13-b619-efae61e800b9/Erika" class="img-responsive" alt="" /> <ul> <li><a href="/Lawyers/49/ErikaHolmes">Read more</a></li> </ul> </div> <a href="/Lawyers/49/ErikaHolmes"> <div class="attorney-title">Erika Holmes</div> </a> <cite2 style="margin-bottom: 5px;">Partner, Head of B-BBEE</cite2> </div> </div> </div> <div class="col-md-2 sideArticles"> <article class="margin-bottom-30 wow fadeInUp" data-wow-delay=".1s" style="visibility: visible; animation-delay: 0.1s; animation-name: fadeInUp;"> <div class="row"> <div class="col-md-12"> <a href="/Articles/Read/11445/A%20CAUTIONARY%20TALE%20ABOUT%20BEE%20AND%20PRIVATE%20EQUITY%20FUNDS%20"> <img src="/DBFile/Image/795caf42-1b87-42dd-9949-35bc12815388/A CAUTIONARY TALE ABOUT BEE AND PRIVATE EQUITY FUNDS " class="img-responsive" alt=""> </a> </div> <div class="col-md-12"> <h4><a href="/Articles/Read/11445/A%20CAUTIONARY%20TALE%20ABOUT%20BEE%20AND%20PRIVATE%20EQUITY%20FUNDS%20">A CAUTIONARY TALE ABOUT BEE AND PRIVATE EQUITY FUNDS </a></h4> <hr /> <div class="meta"> 29 Nov 2024 </div> </div> </div> </article> <article class="margin-bottom-30 wow fadeInUp" data-wow-delay=".1s" style="visibility: visible; animation-delay: 0.1s; animation-name: fadeInUp;"> <div class="row"> <div class="col-md-12"> <a href="/Articles/Read/1332/BBBEE%20Commission%E2%80%99s%20fronting%20decision%20is%20set%20aside%20by%20High%20Court%20as%20an%20unreasonable%20decision%20"> <img src="/DBFile/Image/9694c106-527f-4765-8bfd-0e38c0048d85/BBBEE Commission’s fronting decision is set aside by High Court as an unreasonable decision " class="img-responsive" alt=""> </a> </div> <div class="col-md-12"> <h4><a href="/Articles/Read/1332/BBBEE%20Commission%E2%80%99s%20fronting%20decision%20is%20set%20aside%20by%20High%20Court%20as%20an%20unreasonable%20decision%20">BBBEE Commission’s fronting decision is set aside by High Court as an unreasonable decision </a></h4> <hr /> <div class="meta"> 04 Mar 2022 </div> </div> </div> </article> <article class="margin-bottom-30 wow fadeInUp" data-wow-delay=".1s" style="visibility: visible; animation-delay: 0.1s; animation-name: fadeInUp;"> <div class="row"> <div class="col-md-12"> <a href="/Articles/Read/1331/As%20a%20listed%20company,%20are%20you%20reporting%20to%20the%20BBBEE%20Commission%3F"> <img src="/DBFile/Image/a9a8fbe1-a008-4da7-807b-adbfcc45bfcd/As a listed company, are you reporting to the BBBEE Commission?" class="img-responsive" alt=""> </a> </div> <div class="col-md-12"> <h4><a href="/Articles/Read/1331/As%20a%20listed%20company,%20are%20you%20reporting%20to%20the%20BBBEE%20Commission%3F">As a listed company, are you reporting to the BBBEE Commission?</a></h4> <hr /> <div class="meta"> 03 Mar 2022 </div> </div> </div> </article> <article class="margin-bottom-30 wow fadeInUp" data-wow-delay=".1s" style="visibility: visible; animation-delay: 0.1s; animation-name: fadeInUp;"> <div class="row"> <div class="col-md-12"> <a href="/Articles/Read/4/Broad-Based%20Ownership%20Schemes%3A%20The%20DTI%20weighs%20in%20on%20the%20BBOS%20debate"> <img src="/DBFile/Image/ddb6e4d3-80d2-400b-b9f0-bbce7c45aefe/Broad-Based Ownership Schemes: The DTI weighs in on the BBOS debate" class="img-responsive" alt=""> </a> </div> <div class="col-md-12"> <h4><a href="/Articles/Read/4/Broad-Based%20Ownership%20Schemes%3A%20The%20DTI%20weighs%20in%20on%20the%20BBOS%20debate">Broad-Based Ownership Schemes: The DTI weighs in on the BBOS debate</a></h4> <hr /> <div class="meta"> 19 May 2021 </div> </div> </div> </article> <article class="margin-bottom-30 wow fadeInUp" data-wow-delay=".1s" style="visibility: visible; animation-delay: 0.1s; animation-name: fadeInUp;"> <div class="row"> <div class="col-md-12"> <a href="/Articles/Read/25/PPPFA%20Regulations%20Declared%20Invalid"> <img src="/DBFile/Image/fabe1ec2-d97e-4591-a65e-b8cca1a83360/PPPFA Regulations Declared Invalid" class="img-responsive" alt=""> </a> </div> <div class="col-md-12"> <h4><a href="/Articles/Read/25/PPPFA%20Regulations%20Declared%20Invalid">PPPFA Regulations Declared Invalid</a></h4> <hr /> <div class="meta"> 03 Nov 2020 </div> </div> </div> </article> </div> </div> </div> </div> <style> .attorney-item { margin-bottom: 5px; min-height: 285px; } .enquiryButton { color: #fff !important; font-size: 17px; line-height: 31px; text-transform: uppercase; display: table; background: #000; padding: 4px 15px 6px; float: right; text-align: right; } .EButtonHolder { display: block; clear: both; text-align: right; height: 60px; } </style> </header> </div> <div class="popup2" style="display:none;"> <div id="myPopup"> <span style="font-size: 20px; 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