This is a repost. There has been a problem with Feedblitz that has miraculously been solved. The upshot is BEE ownership in three weeks Fully compliant with the codes (see below) No shareholder interference No Capital Gains Tax If it needs to go through a verification (this will take longer than three weeks) you will […]
Black ownership within 3 weeks, no interference only compliance Read More »
A participant is defined as a natural person holding rights of ownership in a Measured Entity (got to love that term). Simply put it’s a living breathing black person. That’s simple enough. Where this word appears it must refer to a natural person. For example Black New Entrants” means Black participants who hold rights of
What is a participant then – and who do we work for? Read More »
Those aren’t words from my mouth, I would have used more choice words. This came from a person who is a player in SA business. I approached the person to ask their advice about certain skills projects we have going. This is not a surprise at all. The largest corporates have long paid lip service
Corporate SA is gatvol of BEE Read More »
Most people involved in the BEE world, including law firms are of the opinion that a Trust deed needs to fulfil all the requirements contained in Annexure B – D of the ownership code. These are the annexures that cover BBOS, ESOPs and Trusts. There are a number of problems with this approach All amendments
This is interesting. There are draft regulations that state that individual licensees need to be a level 4 and have 30% ownership. I was contacted by Sakeliga who have told me that they are preparing litigation against these regulations. This works for me. We've seen the issue with Starlink in South Africa. ICASA (read the
What constitutes ownership for ICASA licences – option work Read More »
Click on the link and join us. It's broadcast only but if you have any questions we'll take emails We have a number of really good products coming out. We don't think that the market has seen these products before and many of them transcend BEE compliance. We'll keep you posted
Ownershield has launched a Whatsapp Group for BEE advice Read More »
Thanks to Howard and his team at Syncrony Digital. Ownershield is a unique ownership advisory company. It sticks to these rules Sustainability. Ownership is an emotional topic, but if a company is going to go down that route then the solution must be able to weather BEE norms and interpretations Tax efficiency. As compelling as
Ownershield’s website is live – a shameless plug. Please go and visit Read More »
Always a pun. I am not the first to think about the concept of options or warrants. I won't tell you who did it first because theirs is too simplistic; focusing on white owned businesses and only QSEs or EMEs. I was talking to my old friend Rudolf Rautenbach who told me about Ownershield. Rudolf
Presenting other ownership options Read More »
