BEE OWNERSHIP: WHAT YOU NEED TO KNOW TO ENHANCE YOUR BEE SCORECARD
Missed Transcend’s BEE Ownership webinar? Watch the recording here.Read More
We work with your team to evaluate and communicate the multinational BEE ownership options in terms of:
We have implemented more than 150 transactions and we specialise in assisting multinational companies. We provide a turnkey solution for optimal BEE financial structuring to ensure that the company implements a sustainable Black Ownership transaction that delivers value to all parties.
Our process includes the following:
The South African government’s Department of Trade, Industry and Competition (the dtic) has introduced the Equity Equivalent Investment Programme, which allows eligible businesses to recognise multinational BEE ownership without diluting existing shareholders. It can however be costly, lengthy and complex to design and receive governmental approval for an Equity Equivalent Programme. The successful implementation of such a programme requires experience in dealing with key stakeholders, including the dtic, as well as detailed technical knowledge of the process.
We are dedicated to deliver transformation training, advisory and relevant content during the South African COVID-19 lockdown period.