The Broad-Based Black Economic Empowerment (BBBEE). How to deal as a foreign investor PDF Download
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Author: Kristina Wagner
Publisher: GRIN Verlag
ISBN: 3346048209
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
Seminar paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Ludwigshafen, language: English, abstract: In this paper, the Broad-Based Black Economic Empowerment (BBBEE) will be discussed in order to make a recommendation for an investor whether to invest or not. First, the history including definitions, strategy and objectives will be described. Then, the meaning and importance of BBBEE Codes of Good Practise will be explained. The main part of this paper will focus on the theoretical explanation of the programme and how the main criteria should be implemented in case of investment. In the end, there will be a short recommendation and a trend for the future. South Africa is a country with potential and future. Indicating facts and reasons therefore are major sales market, the well-developed financial sector and infrastructure as well as the highest development level on the African continent. However, dealing with the South African economy more closely, you will identify several obstacles. The latest issue increasing in importance more and more investors faces with is the so-called BBBEE. It is a programme of the South African government to support and accelerate the participation of black people in the economy. The Broad Based Black Economic Empowerment concept was created by the government based on South Africans history . In the past, the country has suffered many years from the apartheid where the black society were without rights and complete neglected from the economy. When in 1994 South Africa selected their first democracy’s and political systems were about to change, the new government came up with the program Broad Based Black Economic Empowerment to eliminate past irregularities between the black racial group and the with racial group and to accelerate the access to the economy for black people by putting rules and laws for every company in south Africa.
Author: Kristina Wagner
Publisher: GRIN Verlag
ISBN: 3346048209
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
Seminar paper from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Ludwigshafen, language: English, abstract: In this paper, the Broad-Based Black Economic Empowerment (BBBEE) will be discussed in order to make a recommendation for an investor whether to invest or not. First, the history including definitions, strategy and objectives will be described. Then, the meaning and importance of BBBEE Codes of Good Practise will be explained. The main part of this paper will focus on the theoretical explanation of the programme and how the main criteria should be implemented in case of investment. In the end, there will be a short recommendation and a trend for the future. South Africa is a country with potential and future. Indicating facts and reasons therefore are major sales market, the well-developed financial sector and infrastructure as well as the highest development level on the African continent. However, dealing with the South African economy more closely, you will identify several obstacles. The latest issue increasing in importance more and more investors faces with is the so-called BBBEE. It is a programme of the South African government to support and accelerate the participation of black people in the economy. The Broad Based Black Economic Empowerment concept was created by the government based on South Africans history . In the past, the country has suffered many years from the apartheid where the black society were without rights and complete neglected from the economy. When in 1994 South Africa selected their first democracy’s and political systems were about to change, the new government came up with the program Broad Based Black Economic Empowerment to eliminate past irregularities between the black racial group and the with racial group and to accelerate the access to the economy for black people by putting rules and laws for every company in south Africa.
Author: Talkmore Chidede
Publisher: Anchor Academic Publishing
ISBN: 3960670508
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
This study undertakes a critical assessment of the legal protection of foreign direct investments (FDI) in South Africa and Zimbabwe by determining their compliance with the international minimum standards, norms and/or best practices on the legal protection of FDI by host states. Firstly, the study argues that foreign investment is much needed in South Africa and Zimbabwe to improve economic growth and development, to create jobs, and to increase their competitiveness. However, these benefits are not accrued automatically but rather host states need to create an enabling environment to receive such benefits. Thus, host states need to put an investment scheme into operation to guarantee the legal protection of foreign investments. South Africa and Zimbabwe have at large crafted and implemented investment laws and related policies which tend to be hostile towards foreign investments. Therefore, similar investment laws and related policies in both jurisdictions are analysed. This study will also offer recommendations for a legal investment which is not only flexible, friendly, and favourable to foreign investment in South Africa and Zimbabwe but also advances their local economic policies.
Author: Sherilee Bridge
Publisher: Juta and Company Ltd
ISBN: 9781770131101
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
The authors, who represent Empowerdex (Economic Empowerment Rating Agency), have interviewed many of the top black leaders, executives and managers, for rare insight into their lives and achievements. Where did they get their first jobs? What personal philosophies motivate them? Trailblazers is focused on the recent history of black business in South Africa and the secrets of the pioneers who made it, while also giving indications for further changes stemming from research and politics. The personal vision of those currently in power will shape the future of business, and the authors trust that their research and debate will inspire more young business people, whose talents are so badly needed to increase South Africa's prosperity. Empowerdex has identified the need for a new breed of business leadership in South Africa, one more involved with day-to-day decision-making. The authors discuss the context Black Economic Empowerment (BEE) has created for powerful black business people, and give voice to the pioneers who can offer advice and vision to inspire younger aspiring executives. Their research shows the relationship between politics, business and the South African economy, as well as the facts and figures behind these powerful people and their companies. Trailblazers offers insight and knowledge of the current business environment and its potential.
Author: Gill Marcus
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
From high profile figures such as Cyril Ramaphosa, Albie Sachs and Wendy Luhabe to analysts such as Wendy Lucas Bull, Vuyo Jack and Itumeleng Mahabane; to practitioners such as Lot Ndlovu, Eric Mafuna, Nolitha Fakude, this book brings together leading South African analysts and practitioners in the most comprehensive analysis of Black Economic Empowerment (BEE) to date. The volume situates Black Economic Empowerment within the larger trajectory of black business imperatives for empowerment; and provides policy recommendations for legislative and regulatory clarity.
Author: Bruce Currie-Alder
Publisher:
ISBN: 0199671664
Category : Business & Economics
Languages : en
Pages : 972
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Book Description
A central premise is that an objective and universally‐accepted measure of “success” in development and paths to it does not exist.
Author: Khoza Mduduzi
Publisher: Xlibris Corporation
ISBN: 1503570614
Category : Political Science
Languages : en
Pages : 646
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Book Description
The West stolen Africas wealth and invested it in the IMF, World Bank and European Bank. Through the colonization of Africa, the West not only managed to impoverish the African continent but it managed to build its own world class infrastructure through ill-gotten wealth from Africa. Africa is the richest continent on the face of the world as far as mineral resources is concern, but, Africans are the poorest people on the face of the world. Its an open secret that the majority of skyscrapers in the US were built by African slaves who were bought from Gore Island in Senegal at the cheapest price and transported to the US. From the Dark Age until to the information age, the African continent is the only continent where there is no perennial political peace. Africans have been on the run from their civil wars for quite a long period of time, to the point that some Africans have emigrated from the African continent to live in the West where they are not even welcomed and accepted. African mineral resources are sufficient enough to the point that if they were equally and fairly utilized in the interest of the Africa people, Africa was going to be a poverty-free continent. Unfortunately opposite is the case, the African mineral resources continue to enrich the Westerners at the expense of the African people. Africans are political free but remain economically in prison, which they cant see, smell, touch or feel.The west destabilizes the African continent by pouring military weapons to the African continent to ensure that bloodshed does not cease.
Author: M. Anne Pitcher
Publisher: Cambridge University Press
ISBN: 0521449626
Category : Business & Economics
Languages : en
Pages : 329
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Book Description
Argues that the interaction of formal institutions and the quality of democracy explain patterns of private sector development across Africa.
Author:
Publisher: RainbowSA
ISBN: 0620465204
Category : Agricultural industries
Languages : en
Pages : 676
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Book Description
Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1433045559
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
South Africa Investment and Business Guide - Strategic and Practical Information
Author: Wenhua Shan
Publisher: Bloomsbury Publishing
ISBN: 184731421X
Category : Law
Languages : en
Pages : 516
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Book Description
The concept of state sovereignty is increasingly challenged by a proliferation of international economic instruments and major international economic institutions. States from both the south and north are re-examining and debating the extent to which they should cede control over their economic and social policies to achieve global economic efficiency in an interdependent world. International lawyers are seriously rethinking the subject of state sovereignty, in relation to the operation of the main international economic institutions, namely the WTO, the World Bank and the International Monetary Fund (IMF). The contributions in this volume, bringing together leading scholars from the developed and developing worlds, take up the challenge of debating the meaning of sovereignty and the impact of international economic law on state sovereignty. The first part looks at the issues from the perspectives of general international law, international economic law and legal theory. Part two discusses the impact of trade liberalisation on the sovereignty of both industrialised and developing states and Part three concentrates on the challenge to state sovereignty created by the proliferation of investment treaties and the significant recent growth of investment treaty based arbitration cases. Part four focuses on the domestic and international effects of international financial intermediaries and markets. Part five explores the tensions and intersections between the international regulation of trade and investment, international human rights and state sovereignty
