Substantive Equality and the Beneficiaries of Broad-Based Black Economic Empowerment

Journal of Contemporary Roman-Dutch Law, Vol. 80, p. 390-411, 2017

22 Pages Posted: 12 Dec 2017

See all articles by Adri du Plessis

Adri du Plessis

University of the Free State - Department of Public Law

JL Pretorius

University of the Free State

Date Written: August 9, 2017

Abstract

The adoption of the Broad-Based Black Economic Empowerment (B-BBEE) programme stemmed from a general concern regarding the limited scope and selective beneficial impact of the first phase of black economic empowerment (BEE), which mainly consisted of large equity transactions and a focus on ownership transformation. BEE in the latter sense was visualised as a means of redress for the massive and on-going racial inequality regarding ownership and control of production and distribution in the economy. The current broader-based programme seeks to advance black socio-economic empowerment in a more structurally comprehensive way through the different elements contained in the BEE scorecard. By moving beyond the initial emphasis on ownership reform, the B-BBEE programme aspires to realise socio-economic transformation on a wider front to include support for employment equity and the development of typically-excluded geographical areas by means of an emphasis on rural development.

Keywords: Black Economic Empowerment, Broad-Based Black Economic Empowerment, Ownership Transformation, Employment Equity

Suggested Citation

du Plessis, Adri and Pretorius, Jan, Substantive Equality and the Beneficiaries of Broad-Based Black Economic Empowerment (August 9, 2017). Journal of Contemporary Roman-Dutch Law, Vol. 80, p. 390-411, 2017. Available at SSRN: https://ssrn.com/abstract=3085129

Adri Du Plessis (Contact Author)

University of the Free State - Department of Public Law ( email )

205 Nelson Mandela Drive
Bloemfontein, Free State 9300
South Africa

Jan Pretorius

University of the Free State ( email )

205 Nelson Mandela Drive
Park West
Bloemfontein, Free State 9300
South Africa

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