n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - Broad-Based Black Economic Empowerment : some challenges in measuring ownership of companies : analyses




Extracted from text ... Broad-based Black Economic Empowerment: Some Challenges in Measuring Ownership of Companies STEPHANIE LUIZ KATHLEEN VAN DER LINDE University of South Africa 1 Introduction The Broad-Based Black Economic Empowerment Act 53 of 2003 was assented to by the President in January 2004. Although other legislative efforts, such as the Employment Equity Act 55 of 1998, the Preferential Procurement Policy Framework Act 5 of 2000, and the Promotion of Equality and Prevention of Unfair Discrimination Act 4 of 2000 contributed to redressing the imbalances of the past, they were not directly aimed at broad-based participation in the economy by black people. The ..


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