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July 30, 2010

More women in business makes good sense

Women are still lagging behind their male counterparts in black economic empowerment (BEE) benefits, despite the advantages companies gain by having a woman in top management or as a shareholder.



BEE was meant, among other things, to encourage women's active participation in the economy, says Kim Marr, the director of Social Advantage. Her organisation helps businesses to maximise
the benefits and opportunities of effectively implementing broad-based BEE (BBBEE). BBBEE points are awarded to companies where at least 10% of the voting rights and economic interests lie in the hands of black women and at least 6% of procurement is aimed at black woman-owned businesses.

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Posted by StaffWriter at July 30, 2010 7:29 AM