A critical analysis of Black Economic Empowerment funding structures and their impact on BEE effective ownership

Master Thesis

2008

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University of Cape Town

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Abstract
In this study it is argued that Black Economic Empowerment is very important as a way of creating stable socio - economic stability in South Africa. We note that we are now at the stage where both the government and corporate South Africa have accepted that BEE is an economic imperative. This has resulted in policy adoption by the government and the private sector driven Sector Charters. Agreeing that 25% of the economy should be in black hands by 2014. It is argued in this research that reliance of BEE investors on debt funding, creates serious doubts about the attainability of this objective.
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Includes bibliographical references (leaves 58-61).

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