[imageeffect type=”shadow” align=”alignleft” width=”100″ height=”147″ shadow=”shadow-small” alt=”Cracking Broad Based Economic Empowerment” url=”https://www.globalbusiness.co.za/wp-content/uploads/2011/03/Cracking-Broad-Based-Economic-Empowerment-small.jpg” ]

The book is available at R199.95 from your local GBS office or Exclusive Books.

Codes and Scorecard UnpackedBEE has been described as the greatest strategic issue, challenge, threat and potential opportunity facing businesses of all sizes, structures and shapes in South Africa. Aimed at effecting a more equitable distribution of economic wealth, it is branded as the essential second wave of transformation after democratisation and the political miracle. It is an investment that is a matter of survival for South Africa and the economy.

While BEE initiatives have been embarked upon since the early 1990s, the Codes of Good Practice on broad-based BEE are only now being finalised, and a strategy for BEE was released only in 2003, with the result that, up to now, its implementation has largely been an experimental process.

Cracking Broad-based Black Economic Empowerment, the most comprehensive and up-to-date work of its kind, will help business and other role players to understand and implement meaningful broad-based BEE. Cracking Broad-based BEE addresses real BEE implementation issues, explains the relevant legislation and the application of the Codes of Good Practice, and includes tools for the calculation of BEE points using the Scorecard. This valuable book provides practical guidance and strategies to turn change into value and arrive at solutions that work. It includes numerous case studies and answers to real questions as posed to authors Balshaw and Goldberg in the course of their extensive consultations.

Any business that ignores them would be ill-advised, as the cascade effect will be felt up and down the supplier chain. Vukhuzakhe – wake up and rebuild yourself.

We have indeed a great deal to learn as the broad-based BEE imperative is pursued, and this book will undoubtedly contribute positively towards new and innovative solutions on the journey to a better life for all.– from the foreword by Mandla Gantsho, Chief Executive and Managing Director of the Development Bank of Southern Africa Limited

Cracking broad-based BEE is a practical and insightful read for anyone who operates or manages a business in South Africa. The authors succeed in demythologising empowerment whilst acknowledging its critical importance in sustaining our businesses for decades to come. Balshaw’s application of his expertise in the field of entrepreneurial businesses managed to convince me that the imperative for transformation does not stop with the big corporate but pervades the entire value chain of any market place.
– Kevin Wakeford, CEO, Eastern Cape Development Corporation

Afrikaanse Beskrywing
‘n Boek wat sakemense bemagtig om met sinvolle regstellende aksie betekenisvolle geleenthede vir swart mense te skep, waarby hul ondernemings ook sal baat.

About the Authors

Tony Balshaw, CA (SA), B Compt (Hons), is one of South Africa’s leading experts and consultants on family business. Author of Thrive! Making Family Business Work, Tony works extensively with families and the businesses they control, across South Africa and internationally. Notably, he regularly consults to these and other businesses on the topic of broad-based BEE. Tony is the partner-in-charge of Grant Thornton’s Family Controlled Companies division, and the managing partner of Grant Thornton’s Eastern Cape offices. Tony is an ex officio council member of the Institute of Directors in Southern Africa and chairperson of its Eastern Cape branch. International memberships include the International Enterprise Research Academy, Family Firm Institute and Family Business Network.

Jonathan Goldberg,
BCom LLB, MBA, is the CEO of Global Business Solutions, an employment relations consulting and training business which provides clients with a comprehensive labour relations and human resources service through a number of functional business divisions. Jonathan is an accredited commissioner of the Commission for Conciliation, Mediation and Arbitration (CCMA), an IMSEC Arbitration and Mediation panellist and member of the Tokiso dispute settlement panel. He serves on the board of numerous companies, including specifically black empowerment companies, and consults to a range of enterprises on black economic empowerment.

Selling Points

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  • Published “just-in-time” to coincide with the expected finalisation of the empowerment Codes of Good Practice by the Department of Trade and Industry (DTI ).
  • The book draws on “advance information” to explain the application of the Codes.
  • Key aspects of the Codes of Good Practise illustrated by two-colour diagrams addresses broad-based BEE, paying attention to all seven
  • Elements of broad-based BEE, and not only to ownership.
  • The relevant BEE legislation is explained.
  • Case studies and practical examples are included.
  • Addresses real issues and provides answers to real questions about BEE.
  • Tools are provided for calculating broad-based BEE points with the empowerment Scorecard.
  • With a practical BEE transaction and due diligence checklist.


Enquire Now!

The book is available at R199.95 from your local GBS office or Exclusive Books.