| 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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