Overview

Broad-based black economic empowerment (B-BBEE) is expected to remain a feature of the South African business environment. Without B-BBEE ownership, it is near impossible to achieve a sustainable B-BBEE status. With South Africa now officially on level 1 lockdown, with most of our economy having re-opened, this is a good time to get to grips with why B-BBEE is important and the requirements of the scorecard, how to structure sustainable B-BBEE ownership transactions that make business sense and understanding employment equity legislation.

After attending this webinar, delegates will have gained an understanding of:

• An overview of the B-BBEE codes and the “why” of the legislation.
• The various options that are available for small and medium-sized business to increase their B-BBEE ownership score and how to structure such transactions optimally.
• Understanding employment equity and how it links to B-BBEE (including recent amendments to the Employment Equity Bill).

The session will also outline easy examples of how to structure transactions optimally from a B-BBEE perspective.

Presenters

Neo Molefe

Executive Director: Transcend Corporate Advisors
LLB (Pretoria), MBA (Stellenbosch)

• Neo is a consultant and senior transformation facilitator at Transcend Corporate Advisors.
• He has five years’ experience in B-BBEE consulting, experience in conducting B-BBEE analyses, identifying transformation opportunities, B-BBEE project management, as well as formulating and implementing sustainable transformation strategies.
• Assisted various medium-to-large clients with their B-BBEE compliance and audit preparations.
• Trainer and facilitator: The B-BBEE Champions Course and other in-house training on B-BBEE legislation.

Werner Mennen

Associate Director: Transcend Capital
BSc, LLB, MBA (UCT)

• Werner is the former director in Cliffe Dekker Hofmeyr’s Corporate and Commercial Department and has ten years’ experience in structuring, negotiating and closing local and cross-border mergers and acquisitions transactions.
• MBA at UCT Graduate School of Business, semester abroad at Columbia Business School in New York City.
• Heads up Transcend Capital’s mid-market offering.

Fortunate Masvinge

HR Consultant: Transcend Corporate Advisors
PhD Candidate (University of Liverpool, UK); Master’s Degree, Human Resource Management; Master’s Degree, Labour Law major; BCom Hons, Strategic Business Management;

BCom, Human Resource Management

• Fortunate is an HR Consultant at Transcend Corporate Advisors with a key focus on Labour Law, providing compliance and implementation guidance to local and multi-national organisations in this respect.
• She has years of experience as a skills development facilitator (SDF) and employment equity (EE) consultant for many of Transcend’s clients.

CPD

This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.