black economic empowerment

E633913

Black economic empowerment is a South African government-driven policy framework aimed at redressing the inequalities of apartheid by increasing the participation and ownership of black people in the country’s economy.

All labels observed (7)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf affirmative action programme ⓘ
economic empowerment policy ⓘ
government policy framework ⓘ
affects licensing in regulated sectors in South Africa ⓘ
public procurement in South Africa ⓘ
state contracts in South Africa ⓘ
aimsTo increase black ownership in the economy ⓘ
increase participation of black people in the economy ⓘ
redress economic inequalities created by apartheid ⓘ
alsoKnownAs BEE ⓘ
Black Economic Empowerment policy ⓘ
appliesTo private sector companies in South Africa ⓘ
state-owned enterprises in South Africa ⓘ
associatedWith African National Congress ⓘ
component enterprise and supplier development element ⓘ
management control element ⓘ
ownership element ⓘ
skills development element ⓘ
socio-economic development element ⓘ
country South Africa ⓘ
criticisedFor benefiting a small politically connected elite ⓘ
encouraging fronting practices ⓘ
potential negative impact on investment climate ⓘ
defendedAs necessary to correct historical injustices ⓘ
goal create a black middle class ⓘ
increase black ownership of productive assets ⓘ
promote inclusive economic growth ⓘ
hasDimension broad-based BEE ⓘ
narrow-based BEE ⓘ
implementedThrough B-BBEE Codes of Good Practice ⓘ
influences corporate governance practices in South Africa ⓘ
mergers and acquisitions in South Africa ⓘ
ownership structures of South African firms ⓘ
introducedBy Government of South Africa ⓘ
legalBasis Broad-Based Black Economic Empowerment Act, 2003 ⓘ
monitoredBy Department of Trade, Industry and Competition of South Africa ⓘ
policyArea economic policy ⓘ
employment equity ⓘ
industrial policy ⓘ
redistributive policy ⓘ
relatedConcept Broad-Based Black Economic Empowerment ⓘ
Employment Equity Act of South Africa ⓘ
land reform in South Africa ⓘ
startPeriod post-apartheid era ⓘ
targetGroup Black people in South Africa ⓘ
Chinese people classified as black under BEE in South Africa ⓘ
Coloured people in South Africa ⓘ
Indian people in South Africa ⓘ
usesInstrument B-BBEE scorecard ⓘ

How these facts were elicited

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

South African elite families → associatedConcept → black economic empowerment ⓘ
Tripartite Alliance → supports → Black Economic Empowerment ⓘ
linked to: black economic empowerment
South African politics → keyIdeologicalIssue → Black Economic Empowerment ⓘ
linked to: black economic empowerment
Black Economic Empowerment → legalBasis → Broad-Based Black Economic Empowerment Act, 2003 ⓘ
subject linked to: black economic empowerment
linked to: black economic empowerment
Black Economic Empowerment → alsoKnownAs → Black Economic Empowerment policy ⓘ
subject linked to: black economic empowerment
linked to: black economic empowerment
Black Economic Empowerment → implementedThrough → B-BBEE Codes of Good Practice ⓘ
subject linked to: black economic empowerment
linked to: black economic empowerment
Black Economic Empowerment → relatedConcept → Broad-Based Black Economic Empowerment ⓘ
subject linked to: black economic empowerment
linked to: black economic empowerment
B.S.L. (historical, internal) → hasContext → Black economic empowerment ⓘ
linked to: black economic empowerment