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October 9, 2009

BEE remains elusive for most historically disadvantaged South Africans - KPMG

After 15 years of democracy in South Africa, black economic empowerment remains elusive for the majority of black South Africans, professional services firm KPMG restructuring advisory MD Sandile Hlophe said last week, following the release of KPMG's latest national black economic-empowerment (BEE) survey.



The survey's findings were released last month under the title 'Are We There Yet?', along with a proposed drastic rationalisation of broad-based BEE (BBBEE) to accelerate its intended impact.

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Posted by StaffWriter at October 9, 2009 10:34 AM