Zikhali | Inc.

              info@mzinco.c0m

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Copyright ©2018 by Zikhali Inc. 

Empowerment and Transformation

Given the history of South Africa, Broad-Based Black Economic Empowerment (B-BBEE) is an imperative initiative by Government designed to address the imbalances of the past. Accordingly, the black economic empowerment legal framework has been strictly sectorised. Many industries have sector-specific codes of good practice or charters (sector codes), issued under the Broad-Based Black Economic Empowerment Act 2013. Each of the sector codes have their own particularities and unique targets which entities in those industries should endeavour to achieve in order to score maximum points for BEE when measured in terms of the relevant sector code. We offer the following services:

  • Advising on the Broad Based Black Economic Empowerment Act and its codes

  • Empowerment mergers and acquisitions

  • Advice in relation to fronting and ensuring that ownership structures and supply chains do not fall foul of the fronting provisions

  • Advising on and devising B-BBEE-compliant transaction structures

  • Advising on various transformation charters including the mining charter

  • Advice on establishing employee share ownership schemes and broad-based community ownership schemes through trust structures, public private partnerships,  special purpose vehicle registrations, non-profit company registrations and public Benefit Organisation registrations

  • Formulating B-BBEE strategy in order to align commercial outcomes

  • Preparing submissions to rating agencies and regulators

  • Skills development

  • Preparing submissions to rating agencies and regulators