| Black Economic Empowerment Transaction (South Africa) | |
| A Black Economic Empowerment transaction is the transfer of all or part of the ownership, management or benefits of an enterprise or productive asset to the control of ‘historically disadvantaged South Africans’ (HDSAs), a term which includes black, coloured and Indian South Africans, women and the disabled. These transactions are one aspect of Black Economic Empowerment, a policy designed to ‘increase broad-based and effective participation of black people in the economy’ (Broad-Based Black Economic Empowerment Act, 2003). |
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