BEE is a National Government objective to redress the inequalities of the apartheid past. Love it or hate it, it is here for the foreseeable future.
The Broad Based Black Economic Empowerment Act and the codes are continuously being tinkered with and amended that creates confusion as the goals are constantly being changed.
Further to the love it or hate it view taken by business owners, many are eager to implement BEE whilst some of you may begrudgingly be implementing BEE. That is not our concern but the challenge we note with most owners is that implementing BEE can be very costly and trigger major taxes and in many instances result in the business owner parting with a substantial part of their business for no value alternatively not receiving value for the implementation of BEE.