The Black Economic Empowerment (BEE) practice at Cliffe Dekker Hofmeyr is widely recognised as being one of the most knowledgeable and experienced BEE regulatory teams in South Africa.
Our expertise includes advising on the Broad-Based BEE Act, the Codes of Good Practice, Transformation Charters and Sector Codes, and related legislation and regulations.
Our experience is deep and varied and covers a wide range of advisory services, including:
- Formulating BEE strategy to align commercial outcomes with BEE expectations.
- Advising on the development and BEE effects of BEE ownership and management control structures, and drafting the legal documents for implementing these structures.
- Consideration of general scorecard compliance and advising on improving compliance.
- Conducting BEE due diligence investigations.
- Advising on the development of broad-based schemes and employee share ownership schemes, and drafting the legal documents for implementing them.
- Advising on and drafting transformation charters and sector codes.
- Advising on and devising transaction structures that are BEE compliant.
We also provide the following BEE-related services:
- Tax advice.
- Assistance in formulating potential BEE partners’ selection criteria and managing the selection process.
- Project management in relation to BEE transactions.
- Preparing submissions to rating agencies and regulators regarding the BEE structure.
Advisory services
Our experience is deep and varied and covers a wide range of advisory services, including:
- Formulating BEE strategy to align commercial outcomes with BEE expectations.
- Advising on the development and BEE effects of BEE ownership and management control structures, and drafting the legal documents for implementing these structures.
- Consideration of general scorecard compliance and advising on improving compliance.
- Conducting BEE due diligence investigations.
- Advising on the development of broad-based schemes and employee share ownership schemes, and drafting the legal documents for implementing them.
- Advising on and drafting transformation charters and sector codes.
- Advising on and devising transaction structures that are BEE compliant.
BEE-related services
We also provide the following BEE-related services:
- Tax advice.
- Assistance in formulating potential BEE partners’ selection criteria and managing the selection process.
- Project management in relation to BEE transactions.
- Preparing submissions to rating agencies and regulators regarding the BEE structure.
Services
The Black Economic Empowerment (BEE) practice at Cliffe Dekker Hofmeyr is widely recognised as being one of the most knowledgeable and experienced BEE regulatory teams in South Africa.
Our expertise includes advising on the Broad-Based BEE Act, the Codes of Good Practice, Transformation Charters and Sector Codes, and related legislation and regulations.
Our experience is deep and varied and covers a wide range of advisory services, including:
- Formulating BEE strategy to align commercial outcomes with BEE expectations.
- Advising on the development and BEE effects of BEE ownership and management control structures, and drafting the legal documents for implementing these structures.
- Consideration of general scorecard compliance and advising on improving compliance.
- Conducting BEE due diligence investigations.
- Advising on the development of broad-based schemes and employee share ownership schemes, and drafting the legal documents for implementing them.
- Advising on and drafting transformation charters and sector codes.
- Advising on and devising transaction structures that are BEE compliant.
We also provide the following BEE-related services:
- Tax advice.
- Assistance in formulating potential BEE partners’ selection criteria and managing the selection process.
- Project management in relation to BEE transactions.
- Preparing submissions to rating agencies and regulators regarding the BEE structure.
Advisory services
Our experience is deep and varied and covers a wide range of advisory services, including:
- Formulating BEE strategy to align commercial outcomes with BEE expectations.
- Advising on the development and BEE effects of BEE ownership and management control structures, and drafting the legal documents for implementing these structures.
- Consideration of general scorecard compliance and advising on improving compliance.
- Conducting BEE due diligence investigations.
- Advising on the development of broad-based schemes and employee share ownership schemes, and drafting the legal documents for implementing them.
- Advising on and drafting transformation charters and sector codes.
- Advising on and devising transaction structures that are BEE compliant.
BEE-related services
We also provide the following BEE-related services:
- Tax advice.
- Assistance in formulating potential BEE partners’ selection criteria and managing the selection process.
- Project management in relation to BEE transactions.
- Preparing submissions to rating agencies and regulators regarding the BEE structure.
Brochures
Black Economic Empowerment (BEE) Lawyers
Our team is commercial, solution-oriented, responsive and dynamic in its approach, and also includes leading professionals from our various practice areas where necessary. Our experience is deep and varied and covers a wide range of advisory services.
Our Black Economic Empowerment (BEE) LawyersKEY CONTACT
Black Economic Empowerment (BEE) News
More newsWhat is BBBEE and why is it important?
South Africa is a country rich in diversity. This diversity extends not only to its natural environment but to its people and cultures. Apartheid subverted and stymied the development potential of this diversity by enabling laws and policies that oppressed and excluded the majority of its people, on the basis of racial classification, from effective political and economic participation.
A quick guide to B-BBEE ownership transactions in South Africa
The element of ownership is regarded as one of the most important elements of the broad-based black economic empowerment (B-BBEE) scorecard, as set out in the Codes of Good Practice issued in terms of the Broad-Based Black Economic Empowerment Act, No. 53 of 2003 (Codes). The ownership element is a key driver of a company’s B-BBEE level and, in some cases, a mandatory requirement for certain sectors of the economy, which are governed by bespoke sector charters (such as in the mining industry) that prescribe minimum ownership thresholds. It is also often a critical consideration in contracting, particularly in public procurement processes.
Webinar Recording - Interpretation of the B-BBEE Codes
The B-BBEE Codes are subject to varying and sometimes contradictory interpretation by stakeholders.