The effect of Black Economic Empowerment (BEE) on racial inequality in South Africa

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Publisher : GRIN Verlag
ISBN 13 : 3668546908
Total Pages : 33 pages
Book Rating : 4.05/5 ( download)

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Book Synopsis The effect of Black Economic Empowerment (BEE) on racial inequality in South Africa by : Korbinian Stinglhamer

Download or read book The effect of Black Economic Empowerment (BEE) on racial inequality in South Africa written by Korbinian Stinglhamer and published by GRIN Verlag. This book was released on 2017-10-11 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2016 in the subject Economics - Case Scenarios, grade: 1,0, University of Wisconsin-Madison (Economics), course: Economics 477: Economic Development of Africa, language: English, abstract: This paper investigates the Black Economic Empowerment (BEE) program in South Africa and its economic justification by analyzing the trends in both, intra- and interracial inequality, since the implementation of BEE. Even though inequality is driven by many different factors, this paper attempts to analyze whether BEE was able to effectively reduce inequality in the way that it was intended. My findings suggest that BEE might have helped to reduce inequality between different races, but that it increased inequality among black people. During Apartheid, black people were excluded from major parts of South Africa’s economy. This resulted in an unequal income distribution in South Africa. Even after Apartheid ended in 1994 income was distributed unequally between races. In order to reduce this inequality and equalize opportunities between the different races in South Africa, the government implemented an affirmative action program called Black Economic Empowerment (BEE) in 2003. In this case and in the following sections, the word “black” defines a racial group, including Africans, coloreds and Indians and can thus be used as synonym for “non-whites.” BEE introduced a scorecard which rates companies based on their economic inclusion of black people. If the respective company receives a low rating on the scorecard, there will likely be a negative effect on their profit compared to a company with a high rating. The basic critique of BEE is that its main beneficiary is a small elite. Studies about the actual effects of BEE are rare, as data on this topic is limited.

Visions of Black Economic Empowerment

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Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.82/5 ( download)

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Book Synopsis Visions of Black Economic Empowerment by : Gill Marcus

Download or read book Visions of Black Economic Empowerment written by Gill Marcus and published by . This book was released on 2007 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Making Mistakes, Righting Wrongs

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Publisher : Jonathan Ball Publishers
ISBN 13 :
Total Pages : 266 pages
Book Rating : 4.51/5 ( download)

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Book Synopsis Making Mistakes, Righting Wrongs by : Duma Gqubule

Download or read book Making Mistakes, Righting Wrongs written by Duma Gqubule and published by Jonathan Ball Publishers. This book was released on 2006 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making mistakes righting wrongs - insights into black economic empowerment is one of the first comprehensive evaluations of the impact of South Africa's evolving Black economic empowerment (BEE) policies and programmes during the first decade of democracy.

A National Integrated Black Economic Empowerment Strategy

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Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.33/5 ( download)

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Book Synopsis A National Integrated Black Economic Empowerment Strategy by : Black Economic Empowerment Commission (South Africa)

Download or read book A National Integrated Black Economic Empowerment Strategy written by Black Economic Empowerment Commission (South Africa) and published by . This book was released on 2001 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Beyond Tenderpreneurship

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Publisher : African Books Collective
ISBN 13 : 1928509134
Total Pages : 398 pages
Book Rating : 4.34/5 ( download)

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Book Synopsis Beyond Tenderpreneurship by : MISTRA MISTRA

Download or read book Beyond Tenderpreneurship written by MISTRA MISTRA and published by African Books Collective. This book was released on 2020-04-16 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black Economic Empowerment (BEE) policies have been a central pillar of attempts to overcome the economic legacy of apartheid. Yet, more than two decades into democracy, economic exclusion in South Africa still largely re?ects the fault-lines of the apartheid era. Current discourse often con?ates BEE with the so-called tenderpreneurship referred to in the title, namely the reliance of some emergent black capitalists on state patronage. Authors go beyond this notion to understand BEEs role from a unique perspective. They trace the history of black entrepreneurship and how deliberate policies under colonialism and its apartheid variant sought to suppress this impulse. In the context of modern South Africa, authors interrogate the complex dynamics of class formation, economic empowerment and redress against the backdrop of broader macroeconomic policies. They examine questions relating to whether B-BBEE policies are informed by strategies to change the structure of the economy. These issues are explored against the backdrop of the experiences of other developing countries and their journeys of industrialisation. The relevant black empowerment experiences of countries such as the United States are also discussed. The authors identify policy and programmatic interventions to forge the non-racial future that the constitution enjoins South Africans to build.

Trick Or Treat

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Publisher : Jacana Media
ISBN 13 : 1770098305
Total Pages : 278 pages
Book Rating : 4.05/5 ( download)

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Book Synopsis Trick Or Treat by : Jenny Cargill

Download or read book Trick Or Treat written by Jenny Cargill and published by Jacana Media. This book was released on 2010 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This groundbreaking book is a frank and critical observation of a hugely politically sensitive topic. Jenny Cargill, drawing on her experience of BEE over its 15-year history, presents an uncompromising and essential review of the policy, its results and the lessons that can be learnt. By drawing on case studies, Cargill challenges common perceptions of BEE and provides disquieting new evidence of policy doing the opposite of what it was designed to achieve. Trick or Treat is the first book to provide such a comprehensive, yet accessible, analysis of BEE ownership.

Structural Transformation in South Africa

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Publisher : Oxford University Press
ISBN 13 : 0192894315
Total Pages : 411 pages
Book Rating : 4.11/5 ( download)

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Book Synopsis Structural Transformation in South Africa by : Antonio Andreoni

Download or read book Structural Transformation in South Africa written by Antonio Andreoni and published by Oxford University Press. This book was released on 2021 with total page 411 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.

Everyone's Guide to Black Economic Empowerment

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Publisher : Zebra
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.16/5 ( download)

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Book Synopsis Everyone's Guide to Black Economic Empowerment by : Robin Woolley

Download or read book Everyone's Guide to Black Economic Empowerment written by Robin Woolley and published by Zebra. This book was released on 2005 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black economic empowerment, or transformation, is a vitally important issue that will affect each and every South African at some stage of their life, yet few people truly understand what it is all about.

Affirmative Action in Malaysia and South Africa

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Publisher : Routledge
ISBN 13 : 1351626221
Total Pages : 262 pages
Book Rating : 4.24/5 ( download)

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Book Synopsis Affirmative Action in Malaysia and South Africa by : Hwok-Aun Lee

Download or read book Affirmative Action in Malaysia and South Africa written by Hwok-Aun Lee and published by Routledge. This book was released on 2020-10-22 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Malaysia and South Africa implement the most extensive affirmative action programmes worldwide. This book explores why and how to effect preferential treatment which has been utilized in the pursuit of inter-ethnic parity, specifically in higher education, high-level occupations, enterprise development and wealth ownership. Through methodical and critical analyses of data on education, workforce and population, the book evaluates the primary objectives of increasing majority representation in education, employment, enterprise and ownership. The book also critically considers questions of the attainments and limitations of ethnic preferential treatment in reducing disparity, the challenges of developing capability and reducing dependency and the scope for policy reforms.

Black Economic Empowerment

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Publisher : KR Publishing
ISBN 13 : 9781869225858
Total Pages : 274 pages
Book Rating : 4.56/5 ( download)

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Book Synopsis Black Economic Empowerment by : Phinda Mzwakhe Madi

Download or read book Black Economic Empowerment written by Phinda Mzwakhe Madi and published by KR Publishing. This book was released on 2015-11-02 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa's pioneer and foremost thinker and voice on Black Economic Advancement, Phinda Mzwakhe Madi, is back with a bang. His first book, Affirmative Action in Corporate South Africa, triggered the first wave of Affirmative Action programmes in the country. His follow up book, Black Economic Empowerment in the New South Africa, led to the formation of the BEE Commission and eventually the creation of the country's policy and codes of good practice. Now his third book in the trilogy, BEE 20 years later - The Baby and the Bathwater, evaluates progress so far and startles with its fresh perspective on the way forward. Twenty years after the introduction of BEE, Madi's view is that the time for follow-up and reflection has come. Clear trends and lessons can now be discerned and learned from. He contends that there is an unfortunate narrative that is gaining currency in South Africa generally and the corporate world in particular, as well as numerous sections of civil society, that BEE has been nothing but a smoke and mirrors initiative towards oligarchy, hence his chosen title: BEE 20 years later - The Baby and the Bathwater. He believes that, having been the first black author to have written on this subject, he has a unique view of the evolution of the process. As a black entrepreneur himself and a director of various top listed companies with a total combined turnover of more than R90bn, he not only has a conceptual and academic understanding of the subject matter, but also has an insider's view and experience.