Impact of the Amended Broad-Based Black Economic Empowerment - Expectations see Extensive Changes in the QSES Market Structure - Research and Markets

Research and Markets has announced the addition of the "Impact of the Amended Broad-Based Black Economic Empowerment " report to their offering.

Broad-Based Black Economic Empowerment (B-BBEE) is a specific government policy aimed at addressing the legacy of Apartheid by enhancing the participation of Black people in the South African economy. This transformation and legislative framework was first introduced in 2003 as the Broad-Based Black Economic Empowerment Act (No. 53 of 2003) and has since undergone various iterations.

The study investigates the most recent amendments to understand what changes have been made to the B-BBEE framework and how these impact the chemicals industry in South Africa.

Under the old Codes, South Africa's listed chemicals companies had an average B-BBEE recognition of (where 1 is the strongest possible, and 8 the weakest). Under the new Codes, the average is expected to drop to Level 6. This will have a greater impact on industries where a competitive B-BBEE score is important, than in those where the issue is compliance versus non-compliance.

It's expected to see the emergence of high-performing Enterprise and Supplier Development (ESD) capabilities within large companies. It is also possible that specialist ESD companies will emerge to which ESD activities might be subcontracted.

Key Topics Covered:

1. Executive Summary

2. Study Overview

3. Amendments to the B-BBEE Codes

4. A Closer Look at QSEs and the Amended Codes

5. Industry Insights into the Amended Codes

6. Preferential Procurement - Old versus Amended Codes: Case Study Approach

7. Conclusions and Strategic Insights

Companies Mentioned:

• ARM
• Access Bank
• Barclay Bank Plc
• BridgePoint Asset Management Ltd
• Central Bank of Nigeria
• Citibank Nigeria Ltd
• Fidelity Bank Plc
• First Bank of Nigeria
• Standard Chartered Bank Nigeria
• Zenith Bank
  

For more information visit http://www.researchandmarkets.com/research/6mjplj/impact_of_the

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