Finweek - English

B-BBEE is buckling under pressure

just as I thought broad-based black economic empowerment (B-BBEE) policy had been relegated to the backseat of public discourse, it has stormed back into the front seat.

Between 2010 and 2019, the policy went into a lull due to a significant reduction in the number of major B-BBEE equity transactions that were concluded, resulting in news and information about the policy virtually disappearing from mainstream media.

During its heydays, B-BBEE dominated news headlines and many of its beneficiaries, mostly politically connected people, became famous overnight – thanks

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