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Kwatani's shareholders and management bosom the transformation of south africa and are committed to uplifting its employees and the communities in which we operate.
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Why does BBBEE have a negative impact on business?
It was essentially identified that BBBEE, in fact, has a negative impact on investment as well as productivity. Furthermore, Kleynhans and Kruger (2014) recognised that BBBEE is impacting businesses negatively because of the high costs associated with BBBEE compliance.
What was the purpose of the BBBEE study?
Research purpose:The study had an objective of comprehending the future of BBBEE and its effect on the SA economy and operating industries through the perceptions of SMEs. Motivation for the study:The study’s objective provided new insights and a profound understanding of BBBEE and its influence on the economy and operating industries.
What is broad based black economic empowerment ( BBBEE )?
Broad-Based Black Economic Empowerment (BBBEE) has become not only an emerging obstacle for small and medium enterprises (SMEs) in South Africa (SA), but it is currently one of the leading issues on the SA government’s agenda (Kruger 2011). The core issue surrounding BBBEE SMEs is being BBBEE compliant (Chingwaru 2014).
What are the implications of the BBBEE for SMEs?
Practical and managerial implications:The findings invite policymakers to restructure the current BBBEE legislation so that it could promote equality. Furthermore, SMEs could relate to the industry effects and implement strategies to manage such effects on their businesses.
Last Update: Oct 2021
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