
How BEE affects small business in South Africa
Some guidence on how BEE affects small business in South Africa will soon be provided by the SA Govenment.
Your views please?
Ben
When the Cabinet is handed the final version of the department of trade and industry’s Broad-Based Black Economic Empowerment Codes (BEE codes), small business will be watching to see how government intends to regulate them.
Governments have always been keen to regulate business. But one would struggle to find an intervention more subtle, far-reaching and -- here’s the rub -- more complicated than the BEE codes.
In Malaysia, the government simply decreed “thou shalt not do business without a Malay partnerâ€